The Walt Disney Company has named Dana Walden as Chairman of Disney General Entertainment Content, succeeding Peter Rice, who was fired from his post for reasons the company did not specify.
Disney+ is about to unveil a new ad-supported tier, although it is being very careful when selecting what type of ads to show in order to keep the service family-friendly.
The Walt Disney Company reported earnings for its second fiscal quarter, and it added more subscribers than expected to its family of streaming services.
The Walt Disney Company beat Wall Street expectations in its latest quarterly earnings report, doing particularly well in its streaming business, its current main focus.
The company is creating a new hub for international content creation under the direction of Rebecca Campbell, and it is also making several key executive appointments to its Disney Media & Entertainment Distribution segment.