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.