"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."