The Walt Disney Company has announced plans for a new organisational structure for its Media Networks segment, conditional upon closing of the 21st Century Fox transaction.
Under the new structure, several 21st Century Fox executives would assume leadership roles at the Disney business segment once the acquisition closes, as 21st Century Fox’s businesses are incorporated into Disney.
Peter Rice (pictured) to become Chairman, Walt Disney Television and Co-Chair, Disney Media Networks. Dana Walden to assume new role of Chairman, Disney Television Studios and ABC Entertainment. John Landgraf to serve as Chairman of FX Networks and FX Productions and Gary E. Knell to serve as Chairman of National Geographic Partners.
“The strength of 21st Century Fox’s first-class management talent has always been a compelling part of this opportunity for us,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company.
“Upon completion of the acquisition, this new structure positions these proven leaders to help drive maximum value from a greatly enhanced portfolio of incredible brands and businesses.”
Rice will become Chairman, Walt Disney Television and Co-Chair, Disney Media Networks, reporting directly to Iger. The new organisation under Rice will include ABC Television Network, ABC Studios, the ABC Owned Television Stations Group, Disney Channels, Freeform, Twentieth Century Fox Television, FX Networks and FX Productions, Fox 21 Television Studios, and the National Geographic channels.
Rice’s appointment will take effect upon completion of the acquisition. Mr. Rice is currently President of 21st Century Fox and Chairman and Chief Executive Officer of Fox Networks Group.
Reporting to Mr. Rice will be: Dana Walden, Chairman, Disney Television Studios and ABC Entertainment (pictured); John Landgraf, Chairman of FX Networks and FX Productions; Gary E. Knell, Chairman of National Geographic Partners
Gary Marsh, President and Chief Creative Officer, Disney Channels Worldwide and James Goldston, President, ABC News.
Walden’s portfolio will include Twentieth Century Fox Television and Fox 21 Television Studios, as well as ABC Entertainment, ABC Studios, Freeform and the ABC Owned Television Stations Group. Ms. Walden is currently Chairman and Chief Executive Officer of Fox Television Group.