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Stock impact report

Disney preserves much of Fox's film leadership as studio acquisition looms [Los Angeles Times (CA)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Disney preserves much of Fox's film leadership as studio acquisition looms Walt Disney Co. will preserve much of the management team at the Fox film studio as the Burbank entertainment company prepares to absorb 21st Century Fox’s entertainment assets into its business. Disney on Thursday said it would keep multiple top Fox film executives, including longtime production president Emma Watts, in their roles after the acquisition closes. Watts will remain vice chairman and president of production of 20th Century Fox Film after Disney completes its $71.3-billion purchase of Fox properties, including the Century City-based film studio. However, current 20th Century Fox Chairman and Chief Executive Stacey Snider will step down from the top job when the transaction closes, as long anticipated. The executive appointments come after Disney confirmed last week it would overhaul leadership of its TV business with incoming Fox executives. Peter Rice, a longtime steward of Rupert Murdoch’s TV emp Show less Read more
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