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disney entertainmentthe new department consists of Dana Walden and Allen Bergmanwill oversee the company’s major streaming services, including Disney+, as details of the company’s strategic restructuring emerge.
In addition, the TV and Movies division, which was created by Bob Chapek and previously run by Kareem Daniel, will now share some back-end capabilities with ESPN and employees of Disney Media and Entertainment Distribution (DMED), and International Content and Operations, which is part of Disney Entertainment and ESPN.
International content and operations chair Rebecca Campbell is the most senior executive to leave the business as part of the change, which CEO Bob Iger said will also include about 7,000 people layoffs. Campbell has been with the company since 1997 and has held a variety of roles, including at the Local Station Group, Disneyland Resort President and EMEA Owner.
From a TV and film standpoint, the biggest news from the shakeup is that Walden and Bergman will oversee the company’s global streaming business and manage all content decisions for Disney+ and Disney-controlled Hulu. Streaming was previously jointly overseen by DMED’s Daniel and Michael Paull, formerly DMED’s President of Direct-to-Consumer, who now reports to Walden and Bergman.
The disagreement between Bergman and Walden in their heated oversight will also apply to marketing, with Asad Ayaz continuing to oversee Bergman’s creative team as well as marketing for Disney+, working closely with the Hulu marketing team, and Shannon Ryan continuing to oversee marketing for Disney+ in addition to Hulu, Waldena The creative team also works closely with the Disney+ marketing team.
In a memo to employees, Bergman, Walden and ESPN’s Jimmy Pitaro addressed the fate of employees in the now-defunct DMED division.
“Today, our colleagues from Disney Media and Entertainment Distribution (DMED) and International Content and Operations (IC&O) will join Disney Entertainment and ESPN, some of which will be part of one of the new shared functions that support our two businesses,” they said. explain.
One of DMED’s top executives, Debra O’Connell, president of Disney’s media and entertainment distribution networks, is taking on a new role as president of networks (excluding ESPN), reporting to Walden, who is increasing oversight of ABC-owned stations, which It is a department that she was not in charge of before.
O’Connell’s top deputy at DMED, Chuck Saftler, head of business operations, is also staying at Disney in an unclear role, according to sources.
In addition to adding ABC O&O stations, Walden will continue to oversee ABC Entertainment, ABC News, Disney-branded television, Disney Television Studios, Freeform, FX, Hulu Originals, National Geographic Content and Onyx Collective.
There was no mention of any changes to the operations of Disney Television Studios, such as the 20day TV and ABC signed as part of the restructuring.
Bergman will continue to oversee Disney Live, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, Lucasfilm, 20th Century Studios and Searchlight Pictures, as well as Disney Music Group and Disney Theatrical Group .
On ESPN, Pitaro will continue to oversee ESPN Networks and ESPN+, as well as international sports channels.
Disney Entertainment and ESPN will consolidate several “shared services organizations” as the companies seek to cut costs, the company said. These include product and technology, led by Aaron LaBerge, ad sales, led by Rita Ferro, and platform distribution, led by Justin Connolly, excluding the theatrical distribution and music divisions, which will be overseen by Bergman.
Internationally, the company’s media, entertainment and sports content and operations will continue to be regionally managed by Luke Kang, President Asia Pacific; Jan Koeppen, President EMEA; and Diego Lerner, President LATA; and K Madhavan, President India. They will report to Bergman, Walden and Pitaro.
There are still some personnel decisions that need to be made. During this time, the DMED and International Content and Operations Finance, Communications, Human Resources and Legal teams will report to Christine McCarthy, Kristina Schake, Paul Richardson and Horacio Gutierrez, respectively, as the company “finalizes operations and structure.”
In an internal report, Walden, Bergman and Pitaro addressed the layoffs, which they said “will affect every department and function across the company.”
“We are very mindful of the impact of these changes on individuals. More permanent decisions regarding individual roles and teams will be made in the coming weeks as we build our business in line with the company’s overall strategic priorities. Understandably, These changes will have implications for affected colleagues and we will not take them lightly. We will continue to be as transparent as possible throughout the process,” they wrote.
Bob Iger, CEO of The Walt Disney Company, yesterday announced a new corporate structure for three major business segments, namely Disney Entertainment, ESPN and Disney Parks, Experiences and Products, and provided further comment on the restructuring in conjunction with today’s announcement.
“Storytelling and creativity have driven The Walt Disney Company for nearly 100 years, and nearly every interaction we have with consumers has been driven by creativity,” he said. “I am committed to positioning this company for a new era of growth. Our strategic reorganization will return creativity to the core of the company, strengthen accountability, improve results, and ensure the quality of our content and experiences.”
“Every day, I’m reminded of the incredible talents we have in leading this company in so many ways,” he added. “Thanks to my management team and our outstanding business leaders for their dedication to what we’re doing today. I am as encouraged as ever by the future of The Walt Disney Company.”
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