Disney reportedly plans television business restructuring, potentially leading to hundreds of layoffs

Walt Disney is reportedly planning a significant restructuring of its television business, which could result in hundreds of layoffs and the consolidation of various divisions. The strategic overhaul aims to reorient the business around streaming customers, moving away from brands historically built for linear television, and is expected to impact units such as ABC Entertainment, 20th Television, Hulu Originals, and Freeform.