Disney Sets Major Reorganization Around Disney+

Disney CEO Bob Chapek announced a major restructuring on Monday, which will put its streaming service Disney+ at the center of the company’s operations. The new structure will be geared towards a “focus on developing and producing original content for the Company’s streaming services,” Disney said in announcing its reorganization on Monday. The most prominent change is the combination of the distribution and ad sales teams, which will be led by Kareem Daniel, who served as president of consumer products, games and publishing. The Media and Entertainment Distribution group will be in charge of running Disney’s streaming services and TV networks, in addition to oversight of P&L management and all distribution, operations, sales, advertising, data and technology functions. Rebecca Campbell will still head up Disney’s direct-to-consumer operations but now report to Daniel. Also Read: Disney Defends '78 Seconds' of 'Mulan' Footage Filmed in China Disney is putting its content development into three groups — studios, general entertainment and sports — which is now separate from distribution. The three groups will be headed by their current leaders Alan Horn and Alan Bergman, Peter Rice, and James Pitaro. Disney Parks, Experiences and Products will continue to operate under its existing structure, led...

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