UPDATED: Disney has confirmed the exit of Peter Rice and the ascension of Dana Walden. Release is below.Peter Rice, the highly regarded Disney exec, has been fired, Deadline hears.
Rice is the chairman of Disney General Entertainment Content, and has been a respected leader there since moving over after the studio swallowed Fox.
Rice was blindsided yesterday by the move, sources said.Dana Walden, the Chairman of Entertainment, Walt Disney Television, will be succeeding him, we hear.
The move marks a high profile restructuring shift made by Disney CEO Bob Chapek, as he continues to put his mark on the studio post Bob Iger.Both are very well regarded execs, and Rice had to spend the past few months fending off wide rumors that Warner Bros Discovery chief David Zaslav would tap him to run the entertainment business for him.
Read more on deadline.com
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