Current Events > disney sucks big butt. pivoting to focusing on streaming content.

(+) Yeah! (+)

https://variety.com/2020/tv/news/walt-disney-structural-reorganization-media-entertainment-business-1234801683/

The Walt Disney Company announced a broad structural reorganization of its media and entertainment businesses Monday, in a move to ramp up and streamline its direct-to-consumer strategy. That involves the creation of the new Media and Entertainment Distribution group, which will oversee all content monetization and streaming operations. Kareem Daniel, most recently president of consumer products, games and publishing at Disney, will lead the unit.

Daniel, who has been at Disney for 14 years, has a history of leadership roles across the company. Outside of consumer products, games and publishing, he has also spent time in studio distribution and Walt Disney Imagineering prior to his most recent role, Daniel served as president of Walt Disney Imagineering operations, production creation, publishing and games. There, he oversaw the transformation of IP into parks and resorts properties such as Star Wars: Galaxys Edge at Disneyland and Walt Disney World, as well as Toy Story Land at Diseny World and Shanghai Disneyland.

"Managing content creation distinct from distribution will allow us to be more effective and nimble in making the content consumers want most, delivered in the way they prefer to consume it. Our creative teams will concentrate on what they do bestmaking world-class, franchise-based content."

love how a guy who ran amusement parks is now in charge of movies and shows. sorry, not movies and shows. "content."

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I mean, releasing Frozen 3 on their service for 30$/view will get them way more profit than releasing it in theatres. That said, Marvel movies and stuff aren't going to be nearly as enjoyable outside of a theatre setting.

Although really, this doesn't really say anything aside from "Disney is going to put effort into streaming" which we already know with all the Disney+ exclusive stuff they're working on.

best decision seeing as the pandemic shutdown curb-stomped the movie theater business.

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They just need to lower the price of the movies. I get they probably expect "Viewing Parties" where people pitch in (much like a UFC PPV), but thats much different than sitting in someone's living room watching the new Black Widow movie.

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