In one of his final interviews, Charlie Munger described Disney's decline as a 'bloodbath' following its past dominance. He highlighted the waning influence of ESPN, Disney's stock falling nearly 60% from its 2021 peak, and the overall struggles in the streaming market. Munger, pointing out early signs of trouble, warned that the movie industry is a brutal business and chose to stay away from its complexities. He reminded that Disney's successful period was genuine, but triumph is not everlasting.
