It’s been lower than 24 hours since Bob Iger took again the nook workplace at Disney, and he has already taken steps to reintroduce a storytelling-first focus on the media firm.

Iger introduced a reorg of Disney’s media and leisure distribution group in the present day that may see the exit of division chairman Kareem Daniel (pictured), who assumed his M&E management function two years in the past as a part of former CEO Bob Chapek’s govt group; beforehand, he was president of shopper merchandise and Chapek’s chief of employees.

According to a memo he despatched to DMED staff yesterday, Iger has additionally tasked prime execs Dana Walden, Alan Bergman, Jimmy Pitaro and Christine McCarty with constructing “a new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs.” He provides that there will likely be extra organizational adjustments made within the coming weeks and months.

“Without question, elements of DMED will remain, but I fundamentally believe that storytelling is what fuels this company, and it belongs at the center of how we organize our businesses,” Iger states. “As you know, this is a time of enormous change and challenges in our industry, and our work will also focus on creating a more efficient and cost-effective structure.”

This DMED transfer undoes a part of the technique Chapek launched in 2020 that reorganized Disney’s media and entertainment segments to deal with the streaming enterprise. Chapek mixed the corporate’s distribution and business actions underneath a worldwide media and leisure distribution group, and put Daniel in place to go it up. As such, Daniel was answerable for operations at Disney’s streaming providers and home TV networks.

Disney introduced Iger’s reestablishment as CEO yesterday, not even a full 12 months after he retired from the corporate. In an SEC filing from Sunday, Disney states that it “exercised its right to terminate without cause” in dismissing Chapek. Iger’s contract runs till December 31, 2024, and his annual base wage is US$1 million.