Disney reorg designed to use streaming as support for direct-to-consumer strategy
October 13, 2020
Disney has been hit in numerous ways by the global pandemic, notably in having to close its theme parks and by the loss of revenue from in-theater movie viewing. Yesterday, the company announced a major restructuring that will centralize its media and entertainment divisions under a single entity responsible for content distribution, ad sales and its popular streaming service, Disney+. The move is designed to increase Disney’s control over the distribution of its products, using streaming as a primary focus to support its direct-to-consumer sales.
Recent News
Apple’s Vision Pro Headset Dominates Enterprise Market
Apple’s Vision Pro headset, a mixed-reality spatial computing device, has found its way into the arsenals of more than half of the Fortune 100 companies, with over 50% investing in at least one unit. This revelation came during Apple’s first quarter 2024 earnings call, where CEO Tim Cook highlighted the enthusiastic reception of their products within the corporate sector.
Cinco de Mayo 2024: Food and Drink Specials
Cinco de Mayo isn’t just a celebration of Mexican-American culture; it’s also a day of fantastic deals and specials across the nation. This year’s festivities kick off with deals that last until May 5th. Here’s a list of some of the offers:
Tesla’s Supercharger Shake-Up Leaves Uncertainty
Tesla’s recent layoffs have raised questions about the future of its Supercharger network. With close to 500 workers cut, including key figures, Tesla’s move signals a significant shift in its charging strategy. This decision comes amidst CEO Elon Musk’s ongoing efforts to streamline operations.
Formula One Gets Boost in Miami Merchandise Sales
J.P. Morgan Payments steps up to manage transactions for Formula One merchandise during the Miami Grand Prix, on-site and online.