The Strategist

Disney announces reorganization, focuses on streaming


10/13/2020 - 03:23



The Walt Disney Company has announced an internal reorganization that will prioritize the production of films, series and shows for streaming services.



Jrobertiko
Jrobertiko
Disney creative teams will be split into three divisions. Each of them will be responsible for releasing a contact for different distribution channels, but streaming will be the main one.

Disney Studios will bring together theatrical and episodic content teams; it will include The Walt Disney Studios, 20th Century Studios, Pixar, Marvel, Lucasfilm and Searchlight.

The entertainment division will include divisions known primarily for cable TV, such as ABC News, National Geographic and Disney channels.

ESPN's sports channel will be spun off into a separate, third sub-division, which, among other things, will release sports programs for other cable channels.

The Disney+ streaming service went live in late 2019. During the coronavirus pandemic, Disney used it to premiere Mulan, which was originally slated to be released in theaters. Disney also owns Hulu and ESPN + streaming services, and is also working on a new Star service.

source: bloomberg.com




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