Disney's new CTO tells staff he 'won't pretend it will be easy' to win in the changing media landscape
Disney's new CTO, Karandeep Anand, has signaled to staff that the company faces a difficult path in the evolving media landscape. Despite the challenges, he expressed confidence in Disney's IP and fan base to compete against streaming giants like Netflix.
Why it matters
As Disney undergoes a major technological transformation, the leadership's approach to balancing legacy content with digital innovation is critical to its future market competitiveness.
Disney hired Karandeep Anand from Character.AI to oversee its technology strategy. Manaure Quintero / AFP via Getty Images; Illustration by Samuel Boivin/NurPhoto via Getty Images New Disney tech chief Karandeep Anand told staffers he's optimistic, despite difficult competition. In a note, Anand said Disney is "uniquely positioned to win" but "won't pretend" it will be easy. Read Anand's full memo to Disney employees after his first full week. Disney's new tech chief said in a memo to employees that he "won't pretend it will be easy" to win in the changing media environment. Karandeep Anand, the Mouse House's first-ever companywide CTO, was hired by CEO Josh D'Amaro to lead Disney's tech transformation. He started in early October. Under D'Amaro, Disney is investing in tech to better compete with Netflix and YouTube in streaming. Anand previously ran Character.AI, an AI startup that Disney sent a cease-and-desist letter to last fall.
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