I wonder if Iger regrets Disney+ now. Disney clearly thought they could go head up with Netflix but Netflix is all in on streaming and Disney attitude towards streaming is a half measure.
Netflix can put out hot garbage en mass because it's all on a streaming service. Disney is quickly discovering streaming changed the math on what people will accept when it comes to actually going to see a movie. They're spending all this money making mediocre movies and putting them in theaters only to have them flop and do the walk of shame to Disney+.