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Disney plans restructuring of its television business
Original: Disney plans restructuring of television business, WSJ reports
Disney is planning a restructuring of its television business, according to a Wall Street Journal report carried by Reuters. The move would reorganise the company's TV operations as traditional linear channels face declining viewership while Disney shifts focus toward its streaming services. Details on the scope of the restructuring and potential job impacts have not yet been confirmed by the company.
Why now: The reported restructuring could signal major changes at one of the world's largest media companies as it adapts to the decline of traditional television.
DisneyWall Street JournalReuters
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