Home / Markets / Industries / Media

Tuesday, October 06, 2009

Disney Promotes Ross to Serve as Chairman of Studios Division

By Matt Egan

FOXBusiness

Walt Disney (DIS) announced the promotion of Rich Ross to chairman of its studios division, which includes Touchstone, Miramax and Pixar.

Ross, who had previously led Disney Channels Worldwide, is assuming the new position immediately, the media giant said in a statement late Monday. In addition to leading Disney’s movie studios, Ross is set to run the company’s theatrical and music groups.

Dick Cook surprised the movie industry last month by announcing plans to step down as chairman of Disney’s studio business.

“Rich has an outstanding record of creating high-quality family entertainment that delights audiences around the world,” Disney CEO Robert Iger said in a statement. “With his success in building the Disney brand across many of our businesses, his astute marketing sensibility, his proven ability in working effectively with talent and his skill at navigating complex global markets, I’m confident he’s the perfect leader for our studio group.”

Under Ross, Disney Channel has released a number of blockbusters, including “High School Musical 2.”

Fox Business Video

- NHTSA Looking Into Corolla Ste...
- Feb 9, 2010
  
  Toyota recalls 437K Prius and Lexus hybrids
- President Pushes Passage of Jo...
- Feb 9, 2010
  
  Jobs bill includes spending, tax credits
- Midday Market Update 02-09-10
- Feb 9, 2010
  
  Business Report: Midday markets
- Get A Government Job for The B...
- Feb 9, 2010
  
  State government finances hurt by pension contracts
- Global Market Update 02-09-10
- Feb 9, 2010
  
  Business Report: Global markets