Disney Announces Strategic Reorganization That Groups Parks and Resorts With Consumer Products

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Disney has announced a "strategic reorganization" that will see the divisions of the company grouped together in a new way. As it relates to the parks, the consumer products and interactive media segment will become part of the parks and resorts business.

Current head of parks and resorts Bob Chapek was formerly head of consumer products. It is unknown what effect this change will have on the future of parks and resorts, but current indications are that movie and franchise based intellectual properties will be at the core of most new major park investments.