News TWDC Organizational Shakeup - Parks combined with Consumer Products

[monothingie]

"To capitalize on today’s rapidly changing media landscape and more closely align with the Company’s priorities for future growth--including creating high-quality content, technological innovation, global expansion and direct-to-consumer distribution--The Walt Disney Company (NYSE: DIS) today announced a strategic reorganization of its businesses into four segments: the newly-formed Direct-to-Consumer and International; the combined Parks, Experiences and Consumer Products; Media Networks; and Studio Entertainment. The reorganization is effective immediately."

 

[mikejs78]

Wahhh? Parks as part of Consumer Products? And what are "experiences?"

Link?

 

[the.dreamfinder]

"To capitalize on today’s rapidly changing media landscape and more closely align with the Company’s priorities for future growth--including creating high-quality content, technological innovation, global expansion and direct-to-consumer distribution--The Walt Disney Company (NYSE: DIS) today announced a strategic reorganization of its businesses into four segments: the newly-formed Direct-to-Consumer and International; the combined Parks, Experiences and Consumer Products; Media Networks; and Studio Entertainment. The reorganization is effective immediately."

They don’t seem to understand DTC is going to replace their Media Networks business, right?

 

[ford91exploder]

"To capitalize on today’s rapidly changing media landscape and more closely align with the Company’s priorities for future growth--including creating high-quality content, technological innovation, global expansion and direct-to-consumer distribution--The Walt Disney Company (NYSE: DIS) today announced a strategic reorganization of its businesses into four segments: the newly-formed Direct-to-Consumer and International; the combined Parks, Experiences and Consumer Products; Media Networks; and Studio Entertainment. The reorganization is effective immediately."

Just when you think things can't get worse for Disney parks fans, Disney amazes us with making things worse by a factor of 10, Now the Parks are lumped in with licensing of cheap plastic junk.

 

[castlecake2.0]

Wahhh? Parks as part of Consumer Products? And what are "experiences?"


Link?

m assuming that experiences refer to things like DVC, Adventures by Disney, DCL etc

 

[ford91exploder]

They don’t seem to understand DTC is going to replace their Media Networks business, right?

Cable Forever according to Bob Iger (for whom Zenia probably does his email, because this 'internet thing' is too complicated).

 

[Horizons '83]

Just when you think things can't get worse for Disney parks fans, Disney amazes us with making things worse by a factor of 10, Now the Parks are lumped in with licensing of cheap plastic junk.

Its always been that way, ever bought anything from the park shops?

 

[HauntedPirate]

https://finance.yahoo.com/news/walt-disney-company-announces-strategic-160000077.html

 

[monothingie]

They don’t seem to understand DTC is going to replace their Media Networks business, right?

Disney's attempt at Netflix.

All motivated by this:
"according to eMarketer, this year a total of 222.7 million people in the U.S. will watch digital video content on any device, up 3.2% over 2016. Adults in the U.S. will spend an average 76 minutes per day watching digital video this year, which is up 9.3% over last year. And, for comparison, U.S. adults will spend an average of three hours and 58 minutes a day watching traditional television this year, which reflects a 3.1% drop from last year." - Forbes

 

[HauntedPirate]

Shocking... Said no one, ever:

"Bob Chapek, Chairman, Walt Disney Parks and Resorts, will assume additional responsibility for all of Disney’s consumer products operations globally, including licensing and Disney stores, as Chairman of the new Parks, Experiences and Consumer Products business segment. “Bob comes to this new role with an impressive record of success at both Parks and Resorts and Consumer Products, and he is the perfect leader to run these combined teams,” Mr. Iger said. Mr. Chapek will continue to report directly to Mr. Iger."

Edit: There's more in that article about Chapek and some quotes from him... But they made me throw up in my mouth just reading them, so I can't repost them.

 

[wdwmagic]

Parks and Resorts and Consumer Products operations combined in Walt Disney Company organizational shakeup

 

[Andrew C]

I have a feeling this is more about getting consumer products out of the gutter....

 

[monothingie]

Kevin Mayer's star power just increased substantially within TWDC. As he has seemingly been the brains between all of the company's growth and acquisitions over the past decade, barring anything crazy happening between now and Iger's departure he is in a strong position to replace him.

 

[SourcererMark79]

Wahhh? Parks as part of Consumer Products? And what are "experiences?"

Link?

Upcharges, upcharges, and more upcharges

 

[the.dreamfinder]

I have a feeling this is more about getting consumer products out of the gutter....

Notice how Interactive went away?

 

[the.dreamfinder]

Kevin Mayer's star power just increased substantially within TWDC. As he has seemingly been the brains between all of the company's growth and acquisitions over the past decade, barring anything crazy happening between now and Iger's departure he is in a strong position to replace him.

He came from Strategic Planning. He’s Igerbot 2.0.

 

[Andrew C]

Notice how Interactive went away?

Referring to the merge with consumer products in 2015? Interactive was struggling for years prior to that.

 

[monothingie]

He came from Strategic Planning. He’s Igerbot 2.0.

With the bleached white teeth option.

 

[the.dreamfinder]

Referring to the merge with consumer products in 2015? Interactive was struggling for years prior to that.

The name Interactive doesn’t appear on any of the new divisions and it’s been split up with BAMTech and MoviesAnywhere moving over to DTC&I; I for international.

 

[Sirwalterraleigh]

Merch is on the decline...parks will get their too...

Bob's one shot at buying the "really big Tucson villa" that willow has always wanted rests in how many people will buy DisneyTV...

Disney in the uncomfortable position of supplier...which is kind a funny considering their "adventures in Internetting" over the years.