Disney makes it very approachable, but I've just read all their IR stuff and it's not hard.
It's really cogent.
It's quite refreshing moving from analyzing loss making, fast growing tech companies to a company like Disney.
That just makes it plain, makes it clear.
It makes a lot of sense.
Yeah.
Isn't trying to hide the ball.
Yeah.
All right, let's do it.
Let's do it.
Welcome to season five, episode seven of Acquired the Podcast about great technology companies and the stories behind them.
I'm Ben Gilbert and I'm the co founder of Pioneer Square Labs, a startup studio and early stage venture fund in Seattle.
And I'm David Rosenthal and I am a general partner at Wave Capital, an early stage venture firm focused on marketplaces based in San Francisco.
And we are your hosts.
This time it's different.
These are four very dangerous words that should set off an alarm every time you hear them.
Bob Iger, the CEO of Disney, is trying to achieve the pipe dream of what has failed so many times before in the media industry, combining content and distribution under one roof.
It has been tragic before, famously with AOL Time Warner and recently being tried with Comcast and BC Universal and ATT Time Warner.
But Disney has to compete against digital disruptors like Netflix, who have successfully built their own distribution and content in house.
So here we are, one week after the ambitious launch of Disney, where Disney will try to attempt the multi year mission to do just that.