Even looking beyond the woke shit, Disney has mishandled business terribly. Crazy 150-200+ million dollars budgets aren't going to make money when they're mediocre as hell, a family of 4 can expect to pay close to $50 JUST to see a movie in theaters (and close to $100 if they bother to get snacks and drinks for the kids), and said movie is going to be available to watch at home in like 3-4 months.
Going to the theater is no longer a decently priced pass time. Not when you can get Disney+ for an entire month for like $15 and watch the movie you want at home, for as many times as you want for an entire month.
The amusement parks have also priced out the average American. In the short term, Disney doesn't give a fuck, because they just get rich tourists from around the world to spend their money instead. But that's fewer Americans who will have cherished memories of a magical family vacation, that's fewer manchildren/womenchildren who like to periodically go back to Disneyland once or twice a year, etc. And when that happens, you've lose consumers AND it means that THEIR children are less likely to become Disney consumers.
You got Disney and Pixar and the MCU and Star Wars and all of these franchises have burned down most of their good will. People are no longer showing up JUST to see the next movie because it exists. Those days are gone. The only way to save anything is to start producing high quality products again, but that requires more long-term thinking than a bunch of Hollywood executives can probably manage.
Even looking beyond the woke shit, Disney has mishandled business terribly. Crazy 150-200+ million dollars budgets aren't going to make money when they're mediocre as hell, a family of 4 can expect to pay close to $50 JUST to see a movie in theaters (and close to $100 if they bother to get snacks and drinks for the kids), and said movie is going to be available to watch at home in like 3-4 months.
Going to the theater is no longer a decently priced pass time. Not when you can get Disney+ for an entire month for like $15 and watch the movie you want at home, for as many times as you want for an entire month.
The amusement parks have also priced out the average American. In the short term, Disney doesn't give a fuck, because they just get rich tourists from around the world to spend their money instead. But that's fewer Americans who will have cherished memories of a magical family vacation, that's fewer manchildren/womenchildren who like to periodically go back to Disneyland once or twice a year, etc. And when that happens, you've lose consumers AND it means that THEIR children are less likely to become Disney consumers.
You got Disney and Pixar and the MCU and Star Wars and all of these franchises have burned down most of their good will. People are no longer showing up JUST to see the next movie because it exists. Those days are gone. The only way to save anything is to start producing high quality products again, but that requires more long-term thinking than a bunch of Hollywood executives can probably manage.
If Godzilla Minus One cost less than $20 million, there's no reason for an MCU movie to cost $300 million.