Disney built its entire empire on existing/public domain stories. Cinderella, Little Mermaid, Snow White, Sleeping Beauty, Beauty and the Beast, Robin Hood. The list goes on. Hell even Aladdin is largely located from Middle Eastern fairy tales.
The fact that they’re relying on existing IP now is nothing new. It’s who they’ve always been. It’s just that they had to buy it since it wasn’t already in the public domain.
Which I find extremely odd, since some traditionally masculine activities are nature oriented. Hunting, fishing, outdoorsy stuff in general. It wasn’t that long ago that (environmental) conservation was a huge component of those activities to ensure continued access for people to those activities. Maybe it still is but I certainly don’t get that impression as strongly anymore.