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Disney Entertainment
Disney Entertainment is a major business segment of The Walt Disney Company created on February 8, 2023, which consists of its entertainment media and content businesses, including its Walt Disney Studios (division), motion picture film studios, Disney General Entertainment Content, television divisions, Disney Streaming, streaming services and overseas businesses. Disney Media and Entertainment Distribution (DMED) was dissolved and had its divisions and units consolidated into Disney Entertainment upon formation of the latter. Background and history On November 20, 2022, The Walt Disney Company announced the dismissal of then-CEO Bob Chapek and the return of its formerly-retired predecessor Bob Iger. The following day, Iger announced that Kareem Daniel would step down as chairman of Disney Media and Entertainment Distribution (DMED), which would be later reorganized into a new unit with Dana Walden, Alan Bergman, James Pitaro and Christine McCarthy being involved in its creatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |