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DIS Walt Disney Co

113.58
-0.13 (-0.11%)
25 Apr 2024 - Closed
Delayed by 15 minutes
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

Disney: Shared Services Groups to Support Disney Entertainment, ESPN

09/02/2023 7:08pm

Dow Jones News


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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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