Yet they still own dozens of IPs that make up a huge chunk of American culture and nostalgia and have enough clout to put their worst slop in every theater in the world.

Assuming you are close to "winning" against them is making yourself less vigilant, that's how the human mind works. When the only reason they are struggling right now is self-inflicted. At any moment they could reverse course and go back to being unquestionably the top.

Them slashing everything down is them reverting back to the mean after a period of booming successes. Confusing that with "business failing, PANIC MODE" is the same trap their own Execs literally fall into that causes them to make retarded decisions like DEI hoping to stop that Line Go Down. Even if they are going well below their own inertia average, they can't be stopped as long as Copyright exists and "Too Big to Fail" is a concept.