By Marc Bugnoni / Partner, ECD / Fugitives

The Franchise Vertical Model.

Disney just named its first-ever CMO and restructured global marketing under one roof. It was the right call. Now comes the harder part, and the greater opportunity.


The Announcement.

On January 14, 2026, The Walt Disney Company did something it had never done before: it named a Chief Marketing and Brand Officer. Asad Ayaz, a 20-year Disney veteran who spent the last eight years heading studio marketing, stepped into the role. His mandate is sweeping.

Marketing leaders across Disney Entertainment, Disney Experiences, and ESPN now report through him, supported by a newly assembled enterprise team governing brand strategy, franchise synergy, creative execution, corporate alliances, and consumer research. Ayaz framed the mission clearly: to present "one unified storytelling brand across our flywheel."

It is the most significant reorganization of Disney's marketing apparatus in the company's modern history. From where I sit, having spent more than a decade inside that organization, the move is both long overdue and structurally right. The question worth asking is not whether it was necessary. It was. The question is what kind of creative culture will fill the unified house, and what becomes possible when it does.

What it looked like from the inside.

When I first came to Disney's in-house creative agency for parks, resorts, and experiences, I arrived with more than fifteen years of agency life behind me: global networks, boutique design shops, independent creative houses. In all of them, the operating principle was the same. Different disciplines, yes, serving different functions. But internally, one organism in pursuit of one thing. The big idea. Once found, everything moved behind it. Writers, art directors, producers, designers, social teams, vendors. All of it.

Disney's marketing ecosystem had evolved differently. And understandably so. An organization of that scale, with that many distinct lines of business developed over decades, naturally produces teams with deep expertise in their own domains. The challenge was that those domains had grown into largely self-contained worlds. Each with its own calendar, its own client relationships, its own definition of what a launch looked like. When you are operating at that depth inside a specific discipline for years, it is the only reality you know.

"The challenge was not a lack of talent. It was a lack of connective tissue."

The consequences showed up in the work. A major attraction launch, years in the making, campaign built, sequenced, stakeholder-aligned across dozens of partners. Then, before a single brand asset had run, a public announcement from another part of the organization would land. The reveal the campaign had been architected around, gone. Not out of malice. Out of a genuine disconnect between what one part of the company understood a launch to mean and what another part did.

We worked hard to build bridges. To bring different teams into the room earlier, to find shared timelines, to create the conditions for genuine alignment. But without a mandate from the very top, those efforts had real limits. The structure simply was not designed for it. That was nobody's fault. It was the legacy of how the organization had grown.

Why structure matters.

What Ayaz now has is the mandate that was always missing. Five senior marketing leaders with dual-reporting lines into both their business segments and into him, paired with an enterprise team governing brand, franchise strategy, creative execution, and consumer research. It is a sophisticated answer to a structural problem that has existed for a long time. It creates enterprise accountability without stripping the segments of their operational agility.

Franchise marketing has become one of the defining creative and commercial challenges of the entertainment industry. A major franchise today lives across theatrical releases, streaming series, merchandise, park attractions, experiential activations, and live events simultaneously. Marketing these properties well requires genuine orchestration. Not synergy in the corporate sense, but actual creative synchronization, where the story told through a film trailer, a park campaign, a streaming launch, and a retail activation all feel like chapters in the same world, the same emotional truth, the same cultural moment.

That kind of marketing requires a shared strategy. It requires an agreed creative brief. It requires a common definition of what the work is trying to do and for whom. These are not administrative formalities. They are the foundation on which integrated work is built, and without them, even the best individual efforts tend to cancel each other out.

A note on culture.

Asad Ayaz comes from the studio marketing world, and his track record there is exceptional. Under his leadership, Disney reached the number-one position in global box office, with campaigns for Zootopia 2, Avatar: Fire and Ash, and Lilo and Stitch. His team's fluency in entertainment marketing, in building cultural heat around a release window and moving audiences to theaters, is not in question.

But entertainment marketing and brand marketing are distinct disciplines. Not better and worse. Different. A trailer creates urgency around a moment: this thing exists, it is compelling, see it now. A brand campaign creates meaning across time: this place, this feeling, this experience is part of who you are. The craft, the strategic frameworks, and the creative tools involved are genuinely different, and the best organizations develop deep fluency in both.

The foundational document of brand marketing is the creative brief. Not a deck, not a treatment. A brief: a rigorous articulation of the insight, the audience, the brand truth, the single most important thing the work needs to communicate, and the emotional territory it needs to occupy. It is the document around which all other disciplines orient. It is also, historically, not the native language of entertainment marketing. That gap is real. And closing it, building a genuinely shared creative vocabulary across the enterprise, is one of the most important things this new structure needs to accomplish.

The opportunity.

Here is what we have never seen before, and what makes this moment genuinely historic: a single creative and marketing intelligence governing the full arc of the world's most powerful entertainment brands, from the first frame of a trailer to the last step through a park gate. Film. Streaming. Parks. Sports. Experiences. Consumer products. All of it, finally, in the same room, under the same strategic roof, speaking the same language.

The franchise vertical model, executed with the creative ambition this moment deserves, has the potential to redefine what integrated marketing can be. Not integrated in the checklist sense, where a campaign has a TV spot and a social post and a park activation that all happen to share a logo. Integrated in the deepest sense, where a consumer's relationship with a franchise deepens continuously across every touchpoint, where every chapter of the story builds on the last, where the emotional experience of watching a film and the emotional experience of standing inside the world that film created are not separate campaigns running on adjacent calendars but a single, authored narrative delivered across years.

No one on earth has the assets to do this the way Disney does. No one has the franchises, the parks, the streaming platform, the studio output, the sports rights, the consumer products reach. The infrastructure is extraordinary. The IP is unmatched. And for the first time, the organizational architecture exists to bring it all to bear as one.

"This could be the beginning of something the marketing industry has never seen: franchise storytelling at full scale, with the creative courage to match."

The five pillars Ayaz outlined for 2026, maximize consumer relationships, elevate creativity, deepen understanding, harness the ecosystem, move with agility, read not as a reorganization memo but as a creative manifesto. They describe exactly how the best agencies have always tried to work. The difference is that no agency has ever had this canvas.

The opportunity is not just to make Disney's marketing more efficient, though it will. It is not just to eliminate the fragmentation that has cost the work so much over the years, though it will do that too. The real opportunity is to set a new standard. To show the industry what franchise marketing looks like when brand storytelling, entertainment marketing, and experiential thinking operate as one unified creative act. To build something that has never existed at this scale, with this depth of IP, with this reach into people's lives.

That is a genuinely rare thing in this industry: a structural change that is also a creative opportunity. Not many organizations get a moment like this. The question now is whether the creative culture inside the new structure rises to meet it.

We believe it can. And we will be watching closely, because when it works, it will be extraordinary.

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