Disney's New CEO: Hollywood's Biggest Test?

Josh D'Amaro has taken the helm as Disney's new CEO, facing immediate scrutiny regarding his leadership approach and priorities. A key challenge involves endearing himself to Hollywood's power brokers, given his extensive experience in the company's lucrative parks division rather than film and television production. This necessitates a strategic 'listening tour' to build relationships with industry figures and stars crucial for franchise success.

Disney's market position is under pressure from evolving entertainment consumption habits and aggressive competition, particularly from streaming services like Netflix. The company must balance declining cinema attendance and cord-cutting with its own streaming ambitions on Disney+ and Hulu. Potential consolidation, such as Netflix acquiring Warner Bros., could introduce even more formidable rivals with vast content libraries.