Some of Disney’s most valuable properties—ESPN, Pixar, Marvel, Star Wars—were acquired. FiveThirtyEight may be smaller, but it should be in Disney’s self-interest to set things right and earn a reputation for being a good home for acquisitions.
> ESPN, Pixar, Marvel, Star Wars
And all of those have declined in reputation since their acquisition or soon after.
Yeah, Disney, the company that recently tried to bankrupt several novelists by claiming that when they bought Star Wars, they didn't put themselves on the hook for respecting contracts that Lucas signed. https://www.hollywoodreporter.com/business/business-news/sta...
Disney has never given a single f*ck about that reputation, but the chiefs who agree to these acquisitions never had to care about that.
> earn a reputation for being a good home for acquisitions.
It's way too late for that to be possible any more.
They're running with their heads down, for at least as long as the current administration exists.
Berkshire Hathaway has this attitude, with the proviso that the corporate management at the acquired firm must be competent, and the firm be profitable and protected by a "moat."
It's amazing that they trot out Sees Candy every year for the shareholders' meeting when they own GEICO.
It seems that Disney isn't doing this quite right.