Streaming was always intended to be a major part of the company moving forward. That was why we got all those expensive Marvel shows on Disney+. Iger was trying to compete with Netflix, and it didn’t work out. It was a very shortsighted strategy on his part.
People liked to praise Iger for how successful Disney was during his initial run, but they forget to mention that a key part of that success was all the acquisitions he did. It was great for short term profits, but not so much in long term. His strategy of releasing a new Star Wars film every year quickly fizzled out, and now even Marvel is not the unbeatable juggernaut it was five years ago.