Terminology varies widely between companies but terms like "division" are usually based on position in the org chart rather than size. It looks like the metaver

Terminology varies widely between companies but terms like "division" are usually based on position in the org chart rather than size. It looks like the metaverse division was organized under Mike White, whose title appears to have been "SVP of next-generation storytelling." It's common for a group that reports at the SVP level to be called a division, even if its small. The higher up in the org chart you find a group, the more important it probably is to the strategic focus of the company, even if it's small.