- 10 years of declining performance
- failing strategy
- lack of executive depth
- decline in working conditions and cast morale
- failure of ABC network
- failure of GO.com
- failure of Fox (now ABC) Family network
- failure of Disney Stores
- failure of California Adventure theme park
- failure of extending the Pixar deal
… failures that cost the shareholders over $7B.
I can see an argument for three or four of the list, but there is a long way to go on many of them.