Disneys streaming chief to exit under company revamp By Reuters

LOS ANGELES (Reuters) – Michael Paull, the head of Walt Disney (NYSE:DIS) Co’s streaming entertainment unit, is leaving the company after six years under an ongoing restructuring by Chief Executive Bob Iger, a Disney statement said on Wednesday. Joe Earley, the current president of Hulu, will take over as president of streaming for Disney Entertainment, the company said. Earley will remain president of Hulu until a successor is named. Iger is restructuring Disney and promised to cut $5.5 billion in costs to make the company’s streaming business profitable. Paull was appointed to run the streaming unit in January 2022 under…