Dec 1, 2022 • 40M

Disney's Parks Make Tons of Money — But Are They in Trouble?

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Appears in this episode

Richard Rushfield
Sonny Bunch hosts The Bulwark Goes to Hollywood, featuring interviews with folks who have their finger on the pulse of the entertainment industry during this dynamic—and difficult—time.
Episode details

This week I talked to Robbie Whelan of the Wall Street Journal about the not-so-secret cash cow of the Walt Disney empire: the parks. For years now, the joke about Disney has been that it’s a parks and TV company with a movie studio attached to it; as the theatrical business continues to struggle, cord-cutting continues apace, and the streaming side of the business racks up huge losses, the parks are more important than ever. But as Robbie reported, cracks are beginning to show in that fiscal bulwark, and unhappiness over the state of the parks—from investors and, more interestingly, super-fans—is one of several reasons that CEO Bob Chapek was forced out.

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