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Published · transcript-backed

David Rosenthal: belief

22 Jun 2026 Acquired The Walt Disney Company

“Now, there's a reason why the Screen Cartoonists Guild had stayed away from Disney despite it obviously being the leader in animation up until this point, which is I think Walt's utopian dream more or less was true, or at least true enough.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
22 Jun 2026
Publisher
Acquired

Transcript context

…Which there were several of at this point in time. We've been sort of very Disney-centric, but there is an industry around this. Yep. Decides finally to target Disney employees. Now, there's a reason why the Screen Cartoonists Guild had stayed away from Disney despite it obviously being the leader in animation up until this point, which is I think Walt's utopian dream more or less was true, or at least true enough. Like, he established the bonus pool for animation. He constructed this campus, everything you were talking about earlier, Ben. But here with the cash crunch, that all comes crashing down. Yeah, there's a great excerpt from the book The Animated Man by Michael Barrier. In the spring of 1941, under pressure from the Bank of America and holders of preferred stock, Walt Disney Productions agreed to scale back its production cost to about $15,000 a week. Week. According to Walt Disney himself, that meant he had to hold the negative cost of new features to about $700,000, or one-third the cost of Pinocchio or Fantasia-…

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