IP is a big chunk of the balance sheet. Posturing like this is necessary for a company like Disney, even if it doesn't believe it is effective. Not doing this w

IP is a big chunk of the balance sheet. Posturing like this is necessary for a company like Disney, even if it doesn't believe it is effective. Not doing this would imply its IP is less valuable than it is currently valued at. And then shareholders would be sad. As long as IP is an accounting asset, this isn't going to stop.