Hollywood Breakdown
Disney reorganizes to focus on streaming. Will investors be happy?
Amid an industry-wide wave of reorganization, Disney has just announced a restructuring and the creation of a new division for content distribution.
By Matthew Belloni • • 4m ListenThe COVID-19 pandemic has brought mass layoffs and major reorganization of jobs in Hollywood. NBCUniversal and WarnerMedia have been reorganizing their leadership structure during the pandemic, and Walt Disney Co. has joined their ranks. Disney announced a surprise reorganization this week as part of the company’s continued effort to pivot in the direction of a streaming model similar to Netflix.
