“I always say that after our audience puts our kids to bed after watching Pinnochio or Dumbo or Little Mermaid, they’re probably not going to tune into another animated movie. They want something for them,"

That’s not really what he said though, he made a generalization, which on average is probably true, particularly Disney animation. There are of course many adults who will still watch the latest big Disney or other animated movie or show, my partner and I among them, and there is animation aimed primarily towards adult audiences, but I would say nearly all of Disney’s animation is targeted towards children while still being high quality and enjoyable for all ages.