On February 8th, 2023, Disney will be reporting its quarterly earnings, and now Deadline is reporting that Disney may be making some leadership changes before that.
According to reports, Disney Media and Entertainment Distribution executive ranks are posed for a major shakeup. Already Bob Iger has already replaced its chairman Kareem Daniel. Now its reported that he would be making further cuts to break up this group for better management.
There have been reports that Disney Media and Entertainment Distribution leadership has created resentment and mistrust within the company. Now it seems that Iger wants to break it up to address these issues.
Currently, DMED includes 20th Television, ABC Signature, 20th Animation, and Walt Disney Television Alternative. Breaking this up raises questions for what will happen to these teams.
This also raises questions of what will happen to Disney+ and Hulu. Will these changes impact how Disney runs its four major streaming services Hulu, Disney+, ESPN+, and Hotstar. For years now, there have been rumors of a possible merger between the services.
Now we will have to wait and see what happens.