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Salty's avatar

Good piece, I also find myself hellishly confused by the overlap between Hulu and Disney+.

I think there is a huge, hidden engines driving a lot of these developments though, which is:

Risk Management.

The upper strata, C-Suite in particular, at most studios, and especially at Disney, is no longer populated by executives that worked their way up either through studio development or through filmmaking physical production. Studios are now mostly run by an entirely separate class of business school trained executives who want to run their studios as traditional corporate businesses.

And movie studios just…don’t work that way. The way they generate revenue is different. The way they deploy capital is different. Their obligations to shareholders are different.

The biggest driver of the issue is that film — any art — is predicated on risk. Creative risk. But traditional business theory wants to eliminate risk. The only way to even try to do that in film is to keep making things that are or are connected to “proven quantities” — aka IP stuff. Which isn’t inherently bad — some IP films are great — but there’s only so long you can do it before you’ve glutted the market. And you also always have to keep doing bigger and better and more star studded versions to pull people back in — so costs spiral out of control.

It also reads on paper to executives as “safer,” to basically make things by committee, sanding off all the rough edges of a singular creative vision in favor of “best practices.” But not only is that approach timid — and leads to the wishy-washiness around cultural issues — it’s also extremely inefficient. Disney could make a lot of their projects for a cool hundred million or so cheaper if they just trusted their directors to cook for them, but they fiddle with everything in post production for so long that the costs go out of control. And then the thing naturally ends up being bad and flopping, and the only way to patch that huge financial hole…is to double down on another IP “sure bet”. So, what you need most of all in this situation…is to hold all the IP you can, because that’s your only safety net.

And thus you have all the acquisitions that have both furthered Disney’s financial issues, diluted its brand, and become a major headache for them because they’re realizing you really can’t please anyone with this nostalgia stuff for long.

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Micah Murphy's avatar

Great article, very insightful. Thanks.

My teens have mentioned this to me all on their own and they’re a bit disgusted by it when surfing D+ with their little siblings. It’s a major turn-off. What’s disappointing, I realized as I read your article, is how much of this could have been prevented if Disney took the moral of so many of its own stories.

“Be yourself” may lend itself to woke messaging, but it’s hardly new, reaching back at least as far as Shakespeare. Why do they yield to peer pressure?

“Because when everyone’s super, no one will be.” Syndrome’s line in The Incredibles popped into my head near the end of the article. Why does Disney want to be everything?

Last but not least, my mind went to Ratatouille, whose diminutive chef — I mean the pencil-mustached human, not the rodent — was pimping out his old friend’s name to hock cheap garbage for a quick buck.

Perhaps Disney needs to watch more Disney.

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