Topics / Building companies

Attributed viewpoint · Not a direct quote

Disney’s creative business had weakened

Ben Gilbert describes a period when nearly all Disney profit came from parks and licensed consumer products, rather than its creative businesses.

Behind the viewpoint

Translations are for reading; original excerpts remain the evidence.

Disney: The Renaissance and the Empire

Original excerpt

And David, things have gotten so bad in the creative core engine that nearly every dollar of profit is coming from the parks and licensing consumer products at this point.
Context

Yes, and that is, by far, the best option to fend off these corporate raiders. Dark times. Films and TV, you know, the Disney that you know of, the content business, is basically break-even. In 1984, Disney generated a quarter billion dollars of profit from its parks and consumer products and a mere $2 million from film and TV. The core of the famous Disney flywheel is completely broken.

Open the episode and seek to 8:02.

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