I think Iger hit the nail on the head. The problem is that they are not producing content that people find entertaining. Everyone has been so busy debating whether or not the content is "woke" that they've overlooked the fact that the content just isn't very good. People will overlook many things about movies and TV shows, including messaging they disagree with, but they will not overlook being bored by it. And all debates about DEI issues aside, I think Disney's real underlying issue is that they're just creatively bankrupt right now. They're just not making good stuff.