Dade Hayes Finance EditorIn his first extensive public comments about the major restructuring implemented in October, Disney CEO Bob Chapek said it has elicited “100% buy-in” from executives at the company.With the new structure in place, he added, it will be “full speed ahead” in terms of feeding more ambitious projects to Disney+ as theaters remain in limbo due to COVID-19.The sweeping reorganization, announced in October, created a centralized distribution organization led by Kareem Daniel.
In the new scheme, Daniel’s distribution group manages a single profit-and-loss statement for all titles and creates budgets and release plans.
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