Part 4/11:
The narrative often propagates that Chapek’s tenure destroyed Disney’s strategic initiatives—especially Disney+, the company’s streaming platform. While Chapek did push certain content choices, he operated within a framework largely set by Iger, who cash-flown decisions behind the scenes. The analyst and many on Wall Street seem to believe the problems only began with Chapek’s leadership, but this ignores that much of Disney’s streaming mess was greenlit and driven by Iger when streaming was a new, high-investment frontier.