Through this restructuring decision, the company hopes to expand its capacity to produce original content. The conglomerate will now be organized into four divisions, including Global Studios, Entertainment and Content Strategy, Network News and Sports.
Amid the reorganization, Piotr Korycki, the CEO of Polish TV giant TVN, will exit the company. With the changes, the company hopes to improve strategic focus and enable further investment in its direct-to-consumer businesses.
Aside from its campaigns, the network hopes to program several series of series and short-form videos that enforce the call for equality and social reform happening in the US today.
The streaming service hopes to fulfill consumers' streaming needs by selecting random titles that specifically fit their interests. The solution derived from a variety of features and tests.
The price change will be effective on 12th August. With this decision, the company hopes to persuade subscribers to purchase the one-year option or bundle options.