Aside from just how utterly condescending this sounds, there’s no blaming regular people on this. Parks like Six Flags, Cedar Point, etc. add a new major attraction every few years. If Disney can’t afford to add more than one thing per decade, as they’re losing significant market share to Universal, then they need to seriously change something from within.
Disney has been blowing money like a drunken sailor all over the different areas of the company. Disney + has cost them billions upon billions with with not one cent of profit! There are shows that have cost three times the production costs that were actually necessary. And....many of them were just junk that didn't even look that they cost that much. Lucasfilm, Marvel and Pixar are failing badly. Linear TV is sinking fast too. The list goes on and on.
Some might say: "So what!...our parks are bulletproof and they will ALWAYS be there to bail Disney out of it's other losses...relax...no need to worry!!"
OK,...now the parks...the last great Disney defense wall...is now beginning to crack. Iger first blamed the parks attendance on Florida "summer heat" in a Sun Valley interview. Then he told investors last month, "no,....the slowness today is due to the incredible SUCCESS of last year's WDW 50th celebration" Yes,...Disney literally told this to investors on the live call. Can you believe that?
Every problem that Disney has today...and they have a LOT of them...can be traced to ONE thing....the extreme
AROGANT culture in Disney executive boardroom and it's Board members. They have this
"Titanic-style" mentality of:
"We are so big and strong that not even God can sink us....that's why we don't worry about icebergs!...full speed ahead!!"
Disney,...you are hitting icebergs left and right. You are taking on water! STOP!...and back out of that icefield that you are in...and
LEARN TO BE HUMBLE! You are NOT as indestructible as you believe you are! Your Titanic ARROGANCE and utter HUBRIS are sinking the company.
It took 100 years to build that halo over your logo. Yes,...100 years of carefully cultivating good will from your customers and the general public. That halo is
DELICATE and needs to be respected and treated
carefully. If that Disney halo that floats over it's logo dies?...so does the company. Period.
I have always loved this company and it kills me to see top management drive it straight into icebergs with
no fear of what will happen.....The top of this company needs to change right now and steer this ship
away from danger and back to open waters.
But sadly,...I suspect they will continue driving deeper into the iceberg field. Like the Titanic,...they just don't believe icebergs can sink them.