https://techcrunch.com/2020/10/12/walt-disney-announces-reorganization-to-focus-on-streaming/

Disney is going all-in on streaming media. 

On Monday, the company announced a massive reorganization of its media and entertainment business that will focus on developing productions that will debut on its streaming and broadcast services. Disney’s media businesses, ads, and distribution, and Disney+ will now operate under the same business unit, the company said.