Disney announces a reorg, says its “primary focus” for entertainment will be streaming, as the pandemic has dramatically impacted its theatrical business
- Disney is restructuring its media and entertainment divisions. — In order to further accelerate its direct-to-consumer strategy …
CNBC Sarah Whitten
Related Coverage
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- Disney CEO Says Covid Isn't To Blame For Streaming-Focused Reorg GameSpot · Eric Frederiksen
- The Walt Disney Company Announces Strategic Reorganization Of Its Media And Entertainment Businesses The Walt Disney Company
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Discussion
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@ropedropchris
@ropedropchris
on x
that hockey analogy confirms the mighty ducks 4 on disney+ https://twitter.com/...
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@ourielohayon
Ouriel Ohayon
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Killer content catalog + Killer streaming tech (acquired AtBat) = very serious netflix contender https://twitter.com/...
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@adrianweckler
Adrian Weckler
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Absolutely huge from Disney. Any way back for mainstream mass-market cinemas now? “I would not characterise it as a response to Covid,” said CEO Bob Chapek. “Covid accelerated the rate at which we made this transition, but it was going to happen anyway.” https://www.cnbc.com/...
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@ponysmasher
David F. Sandberg
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Welp, RIP theaters I guess... 😞 https://www.cnbc.com/...
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@cnbc
@cnbc
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“We're putting the consumer first,” Disney CEO Bob Chapek says about the acceleration of its direct-to-consumer strategy. “We're trying to, as they say, skate to where the puck is going to be.” https://www.cnbc.com/... https://twitter.com/...
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@sameer_singh17
Sameer Singh
on x
Interesting how Disney+ continues to succeed despite Netflix's presence. Probably the single best case study to show how “economies of scale” have ceased being a moat. Capital is way too abundant for that to work like it's supposed to. https://twitter.com/...
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@mikekalinowski
Mike Kalinowski
on x
Absolutely terrible of Disney. Who wants to place bets that Far From Home was the last MCU film we will see in theaters? Black Widow is absolutely going to Disney+ https://www.cnbc.com/...
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@jerrycap
@jerrycap
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Tie management comp to sub growth https://twitter.com/...