Wartime Innovation: How Disney Is Succeeding In The Age Of Disruption
A Digital Transformation Playbook For Established Enterprises
You’re catching the next wave or the next wave is catching you.
Disney+ is a subscription video-on-demand streaming service owned and operated by the Direct-to-Consumer & International subsidiary of The Walt Disney Company. Netflix CEO Reed Hastings commended Disney’s flagship streaming product in Netflix’s Q1 earnings interview. Hastings praised Disney, which has acquired 50 million Disney+ subscribers, saying, “Over 20 years of watching different businesses — incumbents like Blockbuster and Walmart and all these companies — I’ve never seen such a good execution of the incumbent learning the new way and mastering it.”
Hastings says Disney is doing better at transforming its business than any incumbent he’s seen in recent memory. How has Disney done this, and how are they benefitting amidst the global pandemic and economic crisis?
