"Today, the thriving streaming video market place and the...

"Today, the thriving streaming video market place and the swelling ranks of broadband-only homes are joined at the hip, with streaming video services continually compelling traditional multichannel households to cut the cord — or at least consider it — and the broadband-only segment enticing a string of telecommunications, media and tech giants to enter the streaming video fray."

https://www.spglobal.com/marketinte...only-homes-surge-in-q3-ahead-of-disney-launch

"Mr Chapek, 60, becomes only the seventh CEO in Disney history.

He was most recently chairman of Disney's Parks, Experiences and Products division.

Mr Chapek said while he has not led television networks or streaming services, his background in consumer-oriented businesses would help.

Mr Chapek and Mr Iger both stressed that Disney would continue the recent direction the company had been taking."

https://mobile.abc.net.au/news/2020...teps-down--bob-chapek-named-new-head/12001162