Don’t worrry. I’m not touching Disney; you shouldn’t either. Do they own Comcast by any chance? If they do, I can reduce my cable footprint also.
No. Disney is independent. Comcast owns Universal and a plethora of other labels, including DreamWorks. AT&T owns WarnerMedia and many other labels, including HBO. Add in Sony and Viacom/CBS (Paramount and many other labels) and you have today’s majors. And Netflix, when you turn to the streamers. There are still some independent mid-majors and the independents, but the industry is dangerously concentrated. The big problem in my mind is the vertical integration. As streaming swallows the traditional film industry, a handful of giant global conglomerates will dominate distribution. They will pay lip service to “diversity,” but it will be Disney style diversity.