Acquired · Aug 10Disney: The Renaissance and the Empire
It reached 100 million subscribers within 16 months of launch, and Pixar and post-2005 Disney Animation titles dominate its weekly top 15. It lost about $13 billion before turning profitable.
Tips
- Bob Iger bet the company on Disney Plus, ending the Netflix deal after the 2015 cord-cutting shock▶ 3:04:21Netflix paid hundreds of millions a year, around 2% of profits. Disney had 100 million subscribers within 16 months of launch.
- Disney Plus clashed with the scarce, best-only content model that made the Disney brand valuable▶ 3:26:44Marvel's output rose after Endgame, and later films and shows underperformed.
- Bob Iger picked Bob Chapek as successor, assuming a peacetime that never came▶ 3:42:48Disney Plus accumulated about $13 billion in losses before turning profitable.
