Disney+ vs. Netflix: 50M Subscribers Can’t be Wrong

Each month, “Ammirati on Innovation” episodes will look at ways
that the disruptive-startup mentality is spreading beyond young
entrepreneurs to big established corporations. Serial
entrepreneur, venture capitalist and Carnegie Mellon B-school
professor Sean Ammirati, who sits at the intersection of these
high-change dynamics, provides insight.


Episode 12


In this episode: Sean says founders are some of the most creative
and innovative people. They have a combination of intellectual
courage that makes them pretty remarkable. He says Larry Ellison
of Oracle, Larry Page and Sergey Brin of Google, and Mark
Zuckerberg are the Mellons and Carnegies of this generation.


Sean says a crisis is a terrible thing to waste. He says he’s
seeing it across his companies. These are businesses that he has
investments in and it’s created real tailwinds.


Sean says Disney+ had a great quarter – and now they are catching
up to Netflix. But Disney’s core theme parks are another issue.


Sean says airline companies have taken all of their profits and
plowed them into stock buybacks. He says that puts them in a very
weak position. Sean thinks that transportation is less important
than it was before – and we’ll figure out a way to do it
remotely.


He says SurfAir is a great example. They flew from regional
airports, and he had a number of colleagues who were just
fanatics about the SurfAir experience. But, he says, are we going
to travel on airplanes are some point? He suspects they will.


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