you can read it that way and sure and they're bleeding money atm, so they pushed shit back, some multiple times cos of their poor practices/approach and probably some of those will get canned - but if everything had hit like they hoped and they'd got their shit together in the making process, they wouldn't be in this position with regard to making movies/tv and so quality over quantity is definitely part of the equation and is an admittal in itself
when your movies from years ago has better CGI than your most recent, the dip in quality is obvious, Iger may be many things but blind isn't one of them:-
"It is my intention to restructure things in a way that honors and respects creativity as the heart and soul of who we are. As you know, this is a time of enormous change and challenges in our industry, and our work will also focus on creating a more efficient and cost-effective structure.
I’ve asked Dana Walden, Alan Bergman, Jimmy Pitaro, and Christine McCarthy to work together on the design of a new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs" (italics mine)
that is clearly a move to try and rectify quality, ie, phase 4 was shite but bob can't say that can he?
you dont have to rectify quality in "creative teams" if the quality is already there