That’s a decent counterexample, although in my opinion Disney didn’t look at all out of touch with consumers just before their 2009 acquisition of Marvel or their 2012 acquisition of Lucasfilm (Star Wars and Indiana Jones). Oh, and don’t forget Disney’s 2006 acquisition of Pixar, who has continued to do quite well commercially, critically, and in my humble opinion.
My gut reaction would have been far worse if a brand with very negative consumer connotations (like Comcast) had acquired Marvel or Lucasfilm or Pixar. Let’s be real, DreamWorks hasn’t made anything as wonderful as How to Train Your Dragon since their 2016 acquisition by NBCUniversal (owned by Comcast). ;)