FT News Briefing FT Weekend -- Happily ever after? Disney in the 21st century
Jan 8, 2022
Chris Grimes, FT's Los Angeles correspondent known for his sharp insights into the entertainment sector, joins to discuss Disney's vast cultural impact. They explore the leadership transition from Bob Iger to Bob Chapek, emphasizing contrasting styles and challenges in today's competitive streaming landscape. The conversation covers Disney's identity crisis, highlighting the struggle between nostalgia and modern cultural expectations. Additionally, they unpack how Disney Plus fits into the ongoing digital streaming wars and the company's reckoning with its past.
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Listener Memories
- Listeners shared strong Disney memories, both positive and negative.
- One was shocked that Pluto spoke French, while another was traumatized by Pooh's lack of fingers.
Disney's Acquisitions
- Disney's growth includes acquiring major franchises like Star Wars and Marvel.
- They also bought media companies like ABC, ESPN, Hulu, Pixar, and 20th Century Fox.
Streaming Wars
- Disney's streaming platform, Disney+, faces challenges competing with Netflix.
- Disney relies on established franchises, while Netflix takes risks on new content, attracting broader audiences.
