Disney removes TV content executive Peter Rice

It’s stated that Disney gave the footwear to Head of Common Leisure Content materialPeter Rice.

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Sources advised the New York Occasions that Rice “does not swimsuit her.” Disney firm tradition.” Selection said that Rice’s dismissal was “totally associated to enterprise and technique” and had nothing to do with any private habits of Rice. Selection sources stated the choice hit Rice completely with the choice.

Peter Rice

Disney President of Public Leisure Peter Rice (Disney)

As president, Rice has been tasked with overseeing Disney’s authentic leisure and information programming for streaming, broadcast and cable networks. Beneath Rice’s path, Disney Common Leisure develops, produces, and markets greater than 4,500 hours of programming yearly throughout greater than 300 leisure and information packages.

Rice joined Disney through the acquisition of twenty first Century Fox’s tv and movie belongings in 2019. Beforehand, he served as President of twenty first Century Fox and Chairman and CEO of Fox Networks Group. Rice started his profession within the advertising division at Twentieth Century Fox in 1989.

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Disney confirmed Rice’s departure in a information launch Thursday, including that he can be changed by Walt Disney Tv chief leisure officer Dana Walden.

Dana Walden

Dana Walden, Chief Leisure Officer, Walt Disney Tv attends the twenty fifth anniversary of the UCLA Jonsson Most cancers Heart Basis’s “Style for a Treatment” occasion at Fairmont Century Plaza on April 29, 2022 in Los Angeles, California. (Photograph by Wealthy Polk/Getty Pictures for UCLA/Getty Pictures)

Disney CEO Bob Chuckle described Walden as a “dynamic, collaborative chief and cultural power” who helped flip the corporate’s tv enterprise right into a powerhouse for content material.

“Her well-earned popularity for championing artistic expertise and creating packages that really seize the cultural zeitgeist has come one hit after one other,” stated Chabak. “She and Peter have labored carefully collectively for years to create one of the best programming within the trade, and I can not consider anybody higher than Dana to steer Disney Common Leisure to even higher heights.”

Walden, who additionally joined Disney in 2019 with the corporate’s acquisition of twenty first Century Fox, will report on to Chapek.

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Rice represents the newest government change at Disney, under Chief Company Affairs Officer Jeff Morrell has handed away in April. In keeping with the Occasions, Rice was seen by some as a doable successor to Schapek.

“The power of The Walt Disney Firm’s enterprise rising from the pandemic is a testomony to Bob’s management and imaginative and prescient for the corporate’s future,” Disney CEO Susan Arnold stated in an announcement launched individually. “At this necessary time for enterprise development and transformation, we’re dedicated to conserving Disney on the profitable path it’s on at this time, and Bob and his management staff have the help and confidence of the Board of Administrators.”

This announcement coincides with the announcement of the leisure big Ongoing political feud with Florida Governor Ron DeSantis On passing the Parental Rights in Training Act. After the invoice was signed into regulation in March, Disney stated it will The battle to make sure the repeal of the regulation by the state legislature or are caught within the courts.

“We’re dedicated to defending the rights and security of the LGBTQ+ members of the Disney household, in addition to the LGBTQ+ neighborhood in Florida and throughout the nation,” the corporate stated on the time.

Disney shares are down greater than 30% for the reason that begin of the 12 months.