Television

The Walt Disney Company names new organisational structure for media networks biz

It is subject to the closing of the deal with 21st Century Fox

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2018/10/09/The-Walt-Disney-Company.jpg?itok=XBdmWOwt

MUMBAI: The Walt Disney Company, as part of the integration planning for its pending acquisition of 21st Century Fox, today announced plans for a new organisational structure for its media networks segment, conditional upon closing of the deal. Under the new structure, several 21st Century Fox executives would assume leadership roles at the Disney business segment once the acquisition closes.

“The strength of 21st Century Fox’s first-class management talent has always been a compelling part of this opportunity for us,” said The Walt Disney Company chairman and chief executive officer Robert A Iger. “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.”

Peter 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.

“I love making television and have been fortunate to work with incredibly talented executives and storytellers. Disney is the world’s preeminent creative company, and I look forward to working for Bob, and with his exceptional leadership team, to build on that amazing legacy. I also want to thank Rupert, Lachlan and James Murdoch for the privilege of working on such a wide array of movies and television, both entertainment and sports. It has been a wonderful thirty years,” Rice said.

Rice’s appointment will take effect upon completion of the acquisition. He is currently president of 21st Century Fox and chairman and chief executive officer of Fox Networks Group.

Reporting to Rice will be: Dana Walden, Chairman, Disney Television Studios and ABC Entertainment; 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. She is currently chairman and chief executive officer of Fox Television Group.

Disney Media Networks co-chair Ben Sherwood and Disney|ABC Television Group President, will remain in his current role during the transition period until the acquisition closes.

“I want to personally thank Ben Sherwood for his years of service at ABC and Disney. Ben has been a valued colleague, and I deeply appreciate his many contributions and insights, as well as his professionalism and cooperation in this transition,” Iger said.

Disney’s acquisition of 21st Century Fox has received formal approval from shareholders of both companies, and Disney and 21st Century Fox have entered into a consent decree with the US Department of Justice that allows the acquisition to proceed, while requiring the sale of the Fox Sports Regional Networks. The transaction is subject to a number of non-US merger and other regulatory reviews.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/12/starmovies.jpg?itok=pLmrWiDx
Star Movies premieres Bohemian Rhapsody on 15 Dec

MUMBAI: Star Movies brings home the story of perhaps the greatest rock singer of all time, Freddie Mercury with the Indian television premiere of Bohemian Rhapsody this December. Just around the festive season, Star Movies is all set to give audiences a musical extravaganza with a story Queen not...

Television TV Channels English Entertainment
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/12/sonypix.jpg?itok=a-qV-pLH
Sony PIX introduces weekday multilingual slot ‘Mind It!’

MUMBAI: Sony PIX was the first Hollywood channel to premiere a movie in multiple languages back in 2017. Post that came a long list of popular movies including Harry Potter franchise, The Matrix franchise, Skyscraper, Jurassic World: Fallen Kingdom and more which entertained the viewers in a...

Television TV Channels English Entertainment
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/12/docubay.jpg?itok=5Z6XyG98
DocuBay partners with smart TV solutions provider Zeasn

MUMBAI: DocuBay, the premium global documentary platform by IN10 Media, has announced a significant strategic alliance with Zeasn, a global leader in home digital entertainment services for Smart TV solutions. The partnership will make DocuBay available on millions of Zeasn-powered devices across...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/12/cnbc.jpg?itok=o0BLOLL9
CNBC-TV18 commences the 15th year of India Business Leader Awards, launches 'Leadership Collective'

MUMBAI: Celebrating 20 years of its excellence, CNBC-TV18, India leading business news channel gears up for its 15th edition of ‘India Business Leaders Awards’ with the launch of ‘Leadership Collective’ in Bangalore on 11th December 2019. To identify the transformation of the ever-evolving...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/11/ANDTV.jpg?itok=HS7ohgMU
&TV presents life story of Babasaheb - ‘Ek Mahanayak - Dr. B.R. Ambedkar’

MUMBAI: &TV is launching a new powerful socio-drama titled Ek Mahanayak – Dr. B.R. Ambedkar. Produced by Smruti Shinde’s SOBO Films, the show is an inspirational story of Babasaheb and his journey from the tender age of five, to him becoming the prime architect of the Indian constitution. The...

Television TV Channels Movie Channels
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/11/kids.jpg?itok=vYCfvrP_
Honey-Bunny double up as the perfect hosts for the first ever YAY! Time Brunch

MUMBAI: The holiday season is just around the corner and no one looks forward to them as much as kids. The season witnesses unprecedented enthusiasm, good cheer and lavish feasts. To take the festive fervor a notch higher, Sony YAY! – the kids entertainment channel from Sony Pictures Networks India...

Television TV Channels Kids
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/11/naggin.jpg?itok=Tz9M9FRw
COLORS brings back television’s most popular, Naagin

MUMBAI: The much awaited Naagin is back! She is back to seek vengeance, to deceive you with her beauty, to either love you or fight you for what she’s lost. Owing to its massive popularity and consecutive successful seasons, COLORS biggest fiction franchise ‘Naagin’ is here with another captivating...

Television TV Channels GECs
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/11/mah.jpg?itok=eC2nxeiZ
BARC India appoints Mahendra Upadhyay as chief information officer

Broadcast Audience Research Council (BARC India), the largest TV measurement company in the world has appointed Mahendra Upadhyay as the chief information officer.

Television TV Channels People
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/12/11/chrome.jpg?itok=JZZ-6wtv
Music genre becomes top gainer in Chrome DM week 49

Music genre has become the top gainer in week 49 of Chrome Data Analytics and Media data. The genre grew by 1.86 per cent. In this genre, 9XM channel gained the highest OTS with 92.7 per cent in HSM excluding

Television TV Channels Viewership

Sign up for our Newsletter

subscribe for latest stories