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Episode 26: Marvel
Acquired
ESPN and Disney's Flywheel
Disney's core competency and what they had have, that the other media companies don't have is that flywheel. And old school Disney was creating it, but new school Disney has pretty efficiently figured out how to bring in content they don't create into that flywheel too. The fourth piece of this stool that we haven't talked about yet because it wasn't an acquisition is the tremendous growth of the ESPN business inside of Disney. I mean, who was competing with Disney in 2005 and who's even close to competing with them now? That just totally worked.
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