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Disney creates streaming video unit for digital future

Reuters  |  LOS ANGELES 

By Lisa RichwineLOS ANGELES (Reuters) - Walt Disney Co said on Wednesday it had created a new unit for its streaming video and international businesses as the company retools its traditional media operation for a world rapidly embracing online video.Kevin Mayer, the company's chief strategy officer, was named chairman of the new division, which will oversee the upcoming ESPN+ digital offering and the launch of a family-oriented streaming service in late 2019, Disney said in a statement. The move, effective immediately, comes as Disney is in the process of purchasing film, TV and international ...

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First Published: Wed, March 14 2018. 23:27 IST