Why I sold my Disney stocks

Wrote this as a comment in response to another disney post, but I thought it'd be good as it's own post.

I sold my disney stock because I feel the brand has not only grown fat and lazy, no longer trying anything new or bold, but in doing so they're going to lose their audiences.

Let me explain

Marvel put a lot of overpriced projects into production, thinking they'd maintain their current box office status, but audiences have wised up, and we're seeing ip alone can't sell a movie anymore, and WOM matters again, see guardians and antman 3. I feel as if they got a lot of freebies, but unless there's good word of mouth for their projects, they won't perform amazingly at the box office, and their budgets are insane so they sort of have to if they want to be profitable. Marvel has a lot of shows already planned out, and many movies still in production at varying stages, with the writers strike I really feel like they can't fix the poorly written ones before release with reshoots.

Star wars Is an insane ip, but what are they doing with it? Only mandalorian has been massively successful, and the new trilogy soured public perception, and all the movies they've announced have been getting canceled or delayed indefinitely. Imo star wars could have a movie every 2 years but it's embarrassing they've repeatedly canceled stuff they're already announced, from TV, to movies.

Also willow was apparently so bad it was removed from d+ and Indiana jones 5 was rotten? Lucasfilms needs new management at least.

The live action remakes seemed to just be easy money printing, but the little mermaid showed that not only is it not the same anymore, not even a disney princess as iconic as Ariel is a draw.

Elementals isn't doing well apparently and carries a hefty budget.

As far as animation, they've cheapened their brands with streaming, the budgets are too high, quality mixed, and DreamWorks, illumination, sony, and even Netflix are running circles around them with animation, with cheaper budgets. Puss in boots having fantastic legs and doing better than lightyear is hilarious. Not to mention Mario's success clearly shows there still is a market for animation in theaters, just not Disney's.

Finally, parks, imo, having grown up in Florida, Disney parks have declined in quality. Fast pass costs money, lines are absolutely horrendous, and every extra experience costs money. I feel like whenever I go I have to rigorously plan my day, and still it's mostly spent in line. Also I feel like there's very little new rides or attractions. Also the prices for rides are crazy. I've been to Disney sea in Japan, the only park not owned by Disney and it was phenomenal, Shanghai left a lot to be desired and Disney owns it. Also ticket prices are increasingly constantly with Less value imo.

Compare that to universal orlando that's been trying to have a new attraction every year, put out some bangers in the recent years with bourne, velocicoaster, and Hagrids, the tickets are cheaper, but most importantly the lines are manageable and I can just pop in on non peak days and do everything I'd like with no planning or preparation, which would be an impossibility with Disney. Harry Potter showed that universal can be competition, and with the new park I think they finally might be a true challenger for orlando.

Not to mention Mario as we've seen is wildly popular, but if universal ever has Pokémon in their parks? Game over Disney.

Also DeSantis is literally threatening Disney constantly, doesn't seem safe.

Unless Disney seriously overhauls some things, I don't see them getting better, I just see everyone else filling the vacuum and Disney becoming less of a powerhouse.

Also I've got no actual professional experience, im just a florida local, and like following entertainment, you probably shouldn't give too much thought to any of this, because I could be wrong about stuff or just misunderstanding. I don't think I am, but hey, fair warning.