"The freshly named CEO undoubtedly knows his transition to power will be scrutinized intensely over the next six weeks as he takes the reins from outgoing chief executive Bob Iger. How will the former parks boss lead one of Hollywood's most dominant entertainment companies? Will he get along with newly elevated chief creative officer Dana Walden, who nearly won the big job herself? And where will D'Amaro - who's never made a show or movie himself - steer the company's beloved IP?"
"Meanwhile, Disney's TV rivals made huge moves: Comcast split up its streaming and cable units and committed upwards of $1 billion to land Taylor Sheridan for Peacock; Paramount started spending like crazy under its new owners, snapping up the UFC and the Duffer brothers; Netflix made a deal to buy Warner Bros. and is now vowing to make movies for theaters."
Josh D'Amaro will become CEO and will assume leadership amid close scrutiny and a six-week transition from Bob Iger. Dana Walden has been elevated to chief creative officer after competing for the CEO role. Disney's TV and streaming unit entered a holding pattern while the succession played out, even as rivals made aggressive moves — Comcast's Peacock deals, Paramount's UFC and Duffer acquisitions, and Netflix's Warner Bros. deal. Bob Iger believes Disney does not need to buy new IP after the 2018 Fox acquisition. The company needs more scripted TV tentpoles to drive streaming growth alongside unscripted hits like Dancing With the Stars and High Potential.
Read at Vulture
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