For the past decade, Disney has been the Teflon movie studio, remarkably adept at withstanding the tectonic changes impacting the film industry, and well fortified by its arsenal of key properties such as Marvel, Lucasfilm and Pixar.
But this year, the long-reigning titan of the box office has shown cracks as four of its biggest releases from those brands and others have struggled in theaters…
There’s no way this shit is tax optimal, so many companies with super-specific purposes… unless it’s all to trigger specific tax regimes. Maybe they should simplify the corporate structure instead of axing creative staff they clearly need