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hello everybody Welcome to the series on what was happening in the business world when you were sleeping last night well a lot was happening at Disney has removed its CEO Bob chapek and replaced him with their long-term executive and previous CEO Bob Iger now one of the primary reasons why Disney have made this switch is because of the losses they are incurring in the streaming business well there are a lot of other reasons too but this is also a primary reason the losses were in tune of 1.5 billion dollars in the last one year on one hand we are seeing otd Giants replacing their leaderships because of these losses on the other hand the film industry is going all out and saying that Ott Giants are killing film industry itself now whom do we believe both of them are saying that we are struggling right and there is truth to both sides of the coin and in this video we are going to talk through whatamp;#39;s happening in the Ott space primarily and if you do like the video please press on