I've watched Disney fade into whatever it now represents. At one time, it represented what most people called entertainment untainted by things, or events, that contradicted the values of most families. Now? I really don't know what the goal is, but it contradicts what any business trying to survive will do when the original plan was working. Regardless of how the market changes, if there is a customer willing to spend on you market model, eliminating that customer is guaranteed to be a chance most wouldn't take for trying to attract an ethereal customer.
How will this end? If Disney continues in the direction it is now heading, it either completely removes the effort to attract the original customer that supported the brand, or decides the original customer is more than necessary for a profit and the interest of investors. Muddling along as it is will continue the slide in an increasing bottom line in the red, and the eventual end of a brand that once stood for entertainment the entire family could enjoy without wondering if some uncomfortable subject would destroy the entertainment. At this point, I wonder if the brand has gone so far as to never be profitable. If so, investors will bail, and Disney will disappear.
Blackrock is calling the shots, and Disney will follow their tune.
ReplyDeleteI don't think it ends well with Disney. At the rate it's going, it will be an illegal porn empire in only a few years.
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