JOURNAL ARTICLE

Disney Shuffles Film Leadership With Bailey Stepping Down.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Shaw, Lucas 3 of 3

Abstract

Walt Disney Co. is making changes to its movie division leadership, replacing the president of film production, Sean Bailey, with David Greenbaum, the head of Searchlight Pictures. Greenbaum will now be in charge of Disney's Live Action and 20th Century Studios, overseeing major franchises like Avatar and Planet of the Apes. Disney's film business has been struggling recently, with disappointing box office results and losing its top spot to Universal Pictures. Bailey will continue to work with Disney as a producer on future projects. Disney is also facing pressure from shareholder activists, including Trian Fund Management, who are seeking seats on the company's board. Under CEO Bob Iger, Disney has been focusing on its online video businesses, led by Disney+. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/02, pN.PAG
  • Document Type:Article
  • Subject Area:Marketing
  • Publication Date:2024
  • Accession Number:175677465
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