The Walt Disney Company on Monday announced that they were rejigging their business to unify their streaming and media monetisation businesses. "The new Media and Entertainment Distribution group will be responsible for all monetization of content—both distribution and ad sales—and will oversee operations of the Company’s streaming services. It will also have sole P&L [profit & loss] accountability for Disney’s media and entertainment businesses," Disney said in a release. Kareem Daniel, a 14 year Disney veteran who started in the company as an intern, will head the Media and Entertainment Distribution group as chair. "The creation of content will be managed in three distinct groups—Studios, General Entertainment, and Sports—headed by current leaders Alan F. Horn and Alan Bergman, Peter Rice, and James Pitaro," the company added. "Our newly centralized global distribution team will focus on delivering and monetizing [Disney] content in the most optimal way across all platforms, including Disney+, Hulu, ESPN+ and the coming Star international streaming service," the company added. That Star international streaming service may just be Hotstar's international avatar, which the company earlier announced it would leverage to distribute content from ABC Studios, Fox Television, FX, Freeform, 20th Century Studios, and Searchlight. Earlier this month, Star and Disney executive Uday Shankar, who led Disney Asia Pacific, announced that he would leave the company in pursuit of mentoring entrepreneurs. Shankar will continue until his successor is appointed. Also read Hotstar has monthly ARPU of ~Rs 53 in India, to launch in Indonesia on September 15
- MediaNama Daily: It’s not you, it’s your data January 28, 2023
- Why is Google not fully complying with India’s orders, MapmyIndia CEO asks January 27, 2023
- Unique Identification Authority of India working on age verification through e-KYC January 27, 2023
- Views: Why India’s “indigenous” smartphone operating system BharOS is overhyped January 27, 2023
- Here’s why Twitter employees’ access to its ‘God Mode’ function is a problem January 27, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...