The Walt Disney Company’s two other segments – Media Networks and Studio Entertainment – will be largely unchanged by the new corporate structure.
It is hoped that the new organization plan will streamline the current departments and allow for an easier transition for The Walt Disney Company’s newly acquired properties.
In anticipation of the launch of their new digital streaming service and their recently announced merger with 20th Century Fox Studios, The Walt Disney Company announced a company-wide reorganization of their corporate structure.
While some are skeptical about the Fox/Disney merger and The Walt Disney Company‘s ability to compete with Netflix in the streaming services market, Iger remains optimistic.