Disney is reorganizing its sprawling businesses under three core segments — Entertainment, ESPN and Parks, Experiences & Products — as CEO Bob Iger moves to restructure the company.
The move follows his dismantling of DMED, or Disney Media & Entertainment Distribution, set up by previous CEO Bob Chapek, that wrested control over content decisions by the company’s creative executives.
Now we know what the new structure will look like. It’s aimed at returning creative authority to Disney’s “world-class creative team” and its “unparalleled brands and franchises,” he said during a conference call following the company’s first-quarter earnings report.
The reorganization is a key element of a transformation that he said also will help rationalize the streaming business for sustained growth and profitability and reducing expenses in a world of increased competition and global economic challenges.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.