Alva Review-Courier -

Disney reorg to further bolster company's focus on streaming

 

October 11, 2020



Disney said Monday that it is reorganizing its business units to focus even more on streaming.

The company said in August that its Disney Plus service has more than 60 million subscribers, and subscribers to its main combination of streaming services — Disney Plus, ESPN Plus and Hulu — top 100 million. It still plans to launch another international streaming service called Star.

The coronavirus pandemic has hit box-office revenue by closing many theaters. Disney has released several major titles on streaming services that would traditionally have appeared at cinemas, like a live-action...



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