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What structural changes will Disney Entertainment Television (DET) undergo by the end of 2024?
2
Resolution / Starting Odds
Yes, more layoffs • 25%
Yes, restructuring • 25%
No significant changes • 25%
Other • 25%
Official announcements from Disney, major news outlets
Story
Disney Cuts 140 Jobs in TV Division, National Geographic Loses 13% of Staff
Jul 31, 2024, 06:33 PM
On July 31, Disney implemented a new round of job cuts within its television division, affecting approximately 140 employees, which represents about 2% of the Disney Entertainment Television (DET) workforce. National Geographic is the hardest hit, losing about 13% of its staff, which translates to roughly 60 employees. Other areas impacted include Freeform, local TV stations, and the marketing and publicity departments. The layoffs are part of Disney's broader strategy to reduce costs amid a challenging business environment.
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Hulu with ESPN • 25%
ABC with ESPN • 25%
ABC with Hulu • 25%
No further consolidation • 25%
DirecTV concedes to Disney's demands • 25%
Disney concedes to DirecTV's demands • 25%
Mutual agreement reached • 25%
No agreement reached • 25%
Michael Giordano resigns or is fired • 33%
Other senior executives resign or are fired • 33%
No changes in executive leadership • 34%
Increased streaming subscribers • 25%
Spinoff of Linear TV division • 25%
Acquisition by another company • 25%
No significant change • 25%
DirecTV agrees to Disney's terms • 25%
Disney agrees to DirecTV's terms • 25%
Both parties reach a compromise • 25%
No agreement is reached • 25%
Disney concedes to lower fees • 25%
DirecTV agrees to higher fees • 25%
Mutual agreement with no fee change • 25%
No agreement reached • 25%
Majority blame DirecTV • 25%
Majority blame Disney • 25%
Blame equally distributed • 25%
Majority indifferent • 25%
Cesar Conde replaced • 25%
New leadership team added • 25%
No leadership changes • 25%
Reorganization without leadership change • 25%
Stock price increases • 25%
Stock price decreases • 25%
Stock price remains stable • 25%
Stock price highly volatile • 25%
Increased investment in streaming services • 25%
Expansion into new international markets • 25%
Focus on blockbuster movie productions • 25%
Diversification into new media formats • 25%