Disney has announced the highly-anticipated new leadership structure for its new Media Networks segment that will be formed upon the completed acquisition of 21st Century Fox's entertainment assets.
Why it matters: The new company will be a mega-entertainment company that seeks to unseat Netflix's dominance in streaming. It will include all of ABC, Disney, FX, Freeform, National Geographic and more.
The new team: Former 21st Century Fox president Peter Rice will become Chairman of Walt Disney Television and Co-Chair, Disney Media Networks. He will report directly to Disney Chairman Bob Iger.
Former Fox Television Group chairman Dana Walden will assume the new role of Chairman, Disney Television Studios and ABC Entertainment.
John Landgraf will serve as Chairman of FX Networks and FX Productions, under the Disney umbrella. He was formally CEO of both brands.
Gary E. Knell will serve as Chairman of National Geographic Partners. He was formally CEO of National Geographic.
Walden, Landgraf, Knell, as well as Gary Marsh (President and Chief Creative Officer, Disney Channels Worldwide) and James Goldston (President, ABC News) will report to Rice.
