Disney’s pivot to streaming is a sign of severe COVID economic crisis still to come
- Written by Hamza Mudassir, Visiting Fellow in Strategy, Cambridge Judge Business School
Disney has announced a significant restructuring of its media and entertainment business, boldly placing most of its growth ambitions and investments into its recently launched streaming service, Disney+. The 97-year-old media conglomerate is now more like Netflix than ever before.
What this means is that Disney will be reducing its focus from (and...