Walt Disney (DIS) confirms strategic restructuring
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The Walt Disney Company Announces Strategic Restructuring, Restoring Accountability to Creative Businesses
February 9, 2023 1:05 PM ESTBURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company announced details of its strategic restructuring that will refocus the organization on creativity, empower creative leaders and ensure they are accountable for all aspects of their businesses globally, and put the companys streaming business on a path to sustained growth and profitability. Effective immediately, the company will be organized into three core, collaborative business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences and Products. The leaders of each business segment will have full operational control and financial responsibility for creative development, marketing, technology, sales, and distribution, and will be... More
