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An umbrella arbitration clause like this, if it were argued at court, surely would only be held up for cases related to Disney+. At least one would hope. Having such an agreement cover entirely separate arms of a company is ridiculous.
Arbitration contracts, especially in click-through licenses, are always bullshit and should be universally thrown out.
There should be no reason why a corporation ahould be able to avoid the justice system for any reason.
I could see very specific cases where arbitration makes sense with a very well defined scope. "Parties agree that disputes over widget quality related to this agreement are to be adjudicated by the Widget Quality Counsel". The courts are not always the best arbiters for every dispute.
However, what we have now is every corporation finding ways to slide arbitration clauses of global scope into every transaction. That is always bullshit.
If you give an inch, they take a mile. No forced arbitration clauses, anywhere, ever, period.