And then there is the future of the Disney Media and Entertainment Distribution executive ranks.
Disney did not respond to a request for comment from Deadline.
(Additionally, there are two other separate TV production arms, FXP and Searchlight Television.)
Disney’s Q1 2023 earnings call is February 8AaronP/Bauer-Griffin/GC Images
Everything seems to be on the table, with 20th Television and ABC Signature as the main targets.
A successful potential consolidation of 20th TV and ABC Signature will depend on melding their two very different cultures.
Can two fried eggs become an omelet?
a well-positioned observer asked.
One position was eliminated as a result, with more cuts likely.
Part of that is the sprawling nature of the company.
Reshaping the company wont be easy, of course.
Then, via an inter-company transaction, DMED reimburses the production for the cost of said program or series.
Most importantly to Wall Street, all losses sit on DMEDs books which is not a good look.
Regaining the trust of the Street is Job 1 for Iger and the board.
Disney stock, like many media issues at the start of this year, seems refreshed.
Anthony DAlessandro and Jill Goldsmith contributed to this report.
