Disney restructures its business as digital disruption shakes up the media industry
by Daniel Miller and Jaclyn Cosgrove, Los Angeles Times
Mar 15, 2018
3 minutes
LOS ANGELES - Walt Disney Co. announced Wednesday a sweeping restructuring aimed at accelerating its global expansion during a period of upheaval for Hollywood.
The Burbank-based entertainment giant said it would combine its international media business and its content streaming operation into one unit and create another division to house its consumer products business along with Walt Disney Parks and Resorts.
The move - Disney's biggest restructuring in recent years -
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