Blog: Star India

Yesterday  Disney announced that Bob Iger will step down from the Disney CEO role and become the executive chairman through to December 31 st  2021, with immediate effect. Bob Chapek, who has served as the chairman of Disney Parks, Experiences and Products, will assume the role of CEO.

We are now less than a week away from possibly the most important day in Disney’s 21stcentury history, as November 12this when its direct to consumer (D2C) service Disney+ goes live. While we will not have meaningful numbers come through until the end of the first calendar quarter of 2020, the weight of expectation on the iconic media powerhouse is unprecedented and today’s announcement is the last time before their bullish projections for domestic and international growth for the service start to mesh with real hard engagement metrics.