Investors Should Love Walt Disney's Latest Move
Walt Disney (NYSE: DIS) made a surprising move this week that sent its stock surging higher. The media giant announced a reorganization of its business that will accelerate its transition from traditional television to streaming.
The reorganization importantly separates its content creation teams from a new unit focused solely on distributing and monetizing its media, making Disney more nimble as it doubles down on its direct-to-consumer strategy.
This change sets up Disney to invest more aggressively in its greatest opportunities -- a narrative investors should love.
Source Fool.com
