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Disney cuts high-level Fox executives and will shut down Fox 2000 label [Los Angeles Times (CA)]

Netflix, Inc. (NFLX) 
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Disney cuts high-level Fox executives and will shut down Fox 2000 label Two days after completing its landmark acquisition of the legendary Fox studio, Walt Disney Co. began laying off senior-level executives in an effort to wring savings from the $71.3-billion deal. The initial cuts Thursday affected about two dozen people, most of whom are high-level executives at the 20th Century Fox lot in Century City, according to people familiar with the matter who were not authorized to comment. Termination notices and severance packages started going out Thursday morning. Among those who are losing their jobs is Chris Aronson, Fox’s well-liked president of domestic theatrical distribution who joined the studio in 2005. Others who are leaving the film studio include marketing President Pam Levine, international distribution head Andrew Cripps and domestic publicity head Heather Phillips. Marketing co-president Kevin Campbell, product strategy head Mike Dunn, chief content officer Tony Sella an Show less Read more
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