Disney Forms International Hub to Bolster DTC Business
20 Januar 2022 - 12:44PM
TipRanks
Disney (NYSE: DIS) has unveiled its plan to create a new hub for
international content creation, International Content and
Operations. The new hub aims to expand Disney's pipeline of local
and regional content, and to accelerate growth of its
direct-to-consumer (DTC) business globally. The newly created group
will be led by Rebecca Campbell as Chairman. Further, the company
is planning to appoint more executives to its Disney Media &
Entertainment Distribution (DMED) segment, which is currently being
led by Chairman, Kareem Daniel. Direct-To-Consumer Segment Growth
Trajectory The company’s streaming business has grown at a fast
pace since the launch of Disney+ in late 2019.
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