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Why Disney Announced the Strategic Reorganization of Its Business

Sean Allen
Updated
Why Disney Announced the Strategic Reorganization of Its Business

On March 14, 2018, Disney (DIS) announced the strategic reorganization of its business in order to be well placed to compete with Netflix (NFLX) as it gets ready to start its own streaming service. Under the new structure, Disney’s direct-to-consumer services and technology and international media operations will be consolidated into a single global business. Disney has also taken a controlling stake in streaming technology company BAMTech, which will help it power its streaming service and the ESPN+ streaming platforms.

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