We don’t much like giant media conglomerates around here – they make art inaccessible to the poor and abuse the copyright system to steal from the entire human race. But if I could smash just one of the huge corporations that dominate the entertainment industry, it would be Disney, no question. The Walt Disney Company is now the second-largest media conglomerate in the world following its acquisition of Fox, just behind AT&T. It is by far the largest film company in the world, collecting over a third of the global box office this year alone. And it’s a terrible, evil company that can’t be trusted with the power it’s acquired.
The merger’s first victims – after the thousands of people who lost their jobs because of it – were independent cinemas. Disney has a unique policy about who can screen its new and old films. It divides theatres into commercial theatres (which can show new Disney films, but not old ones) and repertory theatres (which can show old Disney films, but not new ones). Most independent theatres don’t fit this binary, of course. Many will screen some new releases so their foot traffic can subsidise smaller films or releases. After the merger, Disney extended this policy to the 20th Century Fox back catalogue, with disastrous implications for independent theatres. Disney is arbitrarily ruling theatres commercial or repertory, often without communicating this fact to their management, so they only learn when an attempted booking goes nowhere. The Fox catalogue contains loads of classic films whose well-attended rereleases are the financial backbone of many independent theatres: Young Frankenstein, Alien, Raising Arizona, Butch Cassidy and the Sundance Kid, Die Hard. Without them, independent cinemas will struggle to survive. (There is a purported exemption for The Rocky Horror Picture Show, for unexplained reasons.)
But it won’t stop there. Disney doesn’t care about the collateral damage of its endless pursuit of profit for its own sake. The people who run it are perfectly willing to lay waste to anyone who delays them even one second on their way to the next billion dollars. Disney will only grow more and more powerful unless it’s broken up by state action.
Until then, here’s some other things Disney will destroy.