I'd argue them submitting Wreck It Ralph 2 was a sign of the absolute state of the company: Outdated internet culture/memes, ignorance of what came before them (which was really good), IP dick swinging that adds nothing to the story, girl power that makes the girls in question look like spoiled bratty bitches and once again, deserving to lose to a superior movie. Turning Red is just a continuation. Not the beginning. And it's twice as embarrassing given it had Pixar's name on it too. Bigger the beast, harder the fall.
I can see that. I just hope it slows down soon enough for me to enjoy big budget animation again. I can only get my fix from old media for so long.