Disney CEO Bob Chapek on direct-to-consumer, reorganization, and layoffs

Disney is reorganizing its media and entertainment business by creating a new division that will separate the content creation and distribution process. Disney CEO Bob Chapek says this aims to accelerate its direct to consumer business. He joins Julia Boorstin to talk about what this decision means for the movie theater business, and if there are any more layoffs at the company with this new transition.
Mon, Oct 12 20204:56 PM EDT