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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