Movie Studio Distribution head change
During unusually restless times, falling revenues from $1.82 billion in the March quarter of 2008 to $1.26 billion in the second quarter, has provoked some of the changes that occurred this week.
In a major reshuffling, Disney has made several promotions and cuts to get it's movie studios back on track. In the aftermath, Dick Cook was ousted from Walt Disney Studios and replaced by Rich Ross. Disney was unhappy with the way that movies were being delivered to consumers.
Bob Chapek who was instrumental in designing plans that would give consumers access to movies across various platforms, was appointed as president of distribution. The position would make him responsible for digital, pay-TV, home, theatrical, movies and other formats.
Among the promotions, Disney elevated Grandeau to studios chief technology officer and replaced Mark Zoradi with a new marketing chief.
Deals were cut this year with Steven Spielsberg's Dreamworks Studios at the same time that Disney made cuts to its Miramax Films division.
With the new merger between ESPN and Disney Wide World of Sports, some gains to profits are being reported this week.
In a major reshuffling, Disney has made several promotions and cuts to get it's movie studios back on track. In the aftermath, Dick Cook was ousted from Walt Disney Studios and replaced by Rich Ross. Disney was unhappy with the way that movies were being delivered to consumers.
Bob Chapek who was instrumental in designing plans that would give consumers access to movies across various platforms, was appointed as president of distribution. The position would make him responsible for digital, pay-TV, home, theatrical, movies and other formats.
Among the promotions, Disney elevated Grandeau to studios chief technology officer and replaced Mark Zoradi with a new marketing chief.
Deals were cut this year with Steven Spielsberg's Dreamworks Studios at the same time that Disney made cuts to its Miramax Films division.
With the new merger between ESPN and Disney Wide World of Sports, some gains to profits are being reported this week.
posted by michael at
8:04 AM
