Disney's Eventful Journey Through 2023

Disney faced a challenging year in 2023, marked by mass layoffs, disappointing box office performance, board fights, and feuds with various individuals. CEO Bob Iger implemented cost-cutting measures, including the elimination of over 8,000 jobs. The company experienced a year without any billion-dollar blockbusters at the global box office. Disney also faced conflicts with striking workers, activist investor Nelson Peltz, Florida Governor Ron DeSantis, and Elon Musk. Additionally, Disney pursued full ownership of Hulu, removed dozens of shows from Disney+ and Hulu, and faced a pay-discrimination lawsuit. The future of ESPN and Disney's linear TV networks remained uncertain.