Decoder with Nilay Patel
Disney Is a Tech Company?
Richard Plepler
In order to compete with the Apples and Amazons and Netflixes of the world, Disney needed to look, act, and spend like them. But it also needed something else, some slack from Wall Street. Disney was spending like money wasn't real in order to build a service people would want to sign up for, just like the tech companies were. And so Iger had a pitch for investors.
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