IT BECAME a much-loved Disney classic, but a tragic story was playing out behind the scenes of Aladdin.
The Walt Disney Company, commonly just Disney, is an American multinational entertainment and media conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Wikipedia
IT BECAME a much-loved Disney classic, but a tragic story was playing out behind the scenes of Aladdin.
Disney CEO Bob Iger positioned his company's acquisition of Fox's TV and movie businesses as a way for the company to prepare for a future in which streaming and direct-to-consumer dominate media consumption, on a conference call this morning to discuss the $52 billion deal.
- Bob Iger will remain Disney's chairman and CEO through the end of 2021.
- The Disney-Fox deal will give Disney more content when it launches its own streaming service.
- Netflix may lose more content, but the company has already made moves to create more of its own content.