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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Walt Disney Co | NYSE:DIS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.13 | -0.11% | 113.58 | 114.18 | 113.14 | 113.45 | 6,157,059 | 01:00:00 |
By Josh Beckerman
Walt Disney Co., providing more restructuring details Thursday, said that several shared-service organizations would support both Disney Entertainment and ESPN, effective immediately.
The company said this would facilitate "company-wide efficiencies" and create "a more cost-effective, coordinated, and streamlined approach to operations."
These include Product and Technology, led by Aaron LaBerge; Advertising Sales, led by Rita Ferro; Platform Distribution led by Justin Connolly; but excluding Theatrical Distribution and Music, which would be overseen by Alan Bergman.
On Wednesday, Disney said Mr. Bergman and Dana Walden would co-chair a new division called Disney Entertainment.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
February 09, 2023 13:53 ET (18:53 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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