The Walt Disney Company has named Alisa Bowen as the new president of Disney+. The promotion comes when Disney is all set to launch its new ad-supported Disney+ tier later this year in the US.
Bowen previously served as the EVP (Executive Vice President ) of the global operation for Disney's streaming platforms, including Disney+, Hulu, and ESPN+ and now she will be taking this role, effective immediately.
Disney+ has already expanded to 154 markets worldwide with over 152.1 million subscriptions. She will continue to report directly to Michael Paull, President of Disney's direct-to-consumer division.
What is Disney's new ad tier? It is a new initiative by Disney+ announced in August to integrate a new, cheaper, ad-supported tier, in the US, which has garnered a mixed response from Disney fans.
The company revealed its new pricing structure that incorporates this tier as part of an effort to make its streaming business profitable. This will take effect on December 8, 2022, in the US. India's Disney+Hotstar already has a free, ad-supported tier, for some selected content.
What will be Bowen's role?
Variety reports that Michael Paull, while promoting her said, "Alisa has been an indispensable member of our leadership team since the inception of Disney+."
Bowen, whilst accepting her promotion also expressed her gratitude and love of Disney."
Alisa Bowen's story:
Under the leadership of its new President, it will be interesting to see what other changes the streaming service will undergo.