LOS ANGELES (Reuters) - Rich Ross stepped down as chairman of Walt Disney Co's movie studio after a less than three-year run that included the release of "John Carter," one of the biggest flops in recent Hollywood history.
LOS ANGELES (Reuters) - Rich Ross, chairman of Walt Disney Co's movie studio, stepped down after a two-year stint that included the release of "John Carter," one of the biggest flops in recent Hollywood history.
Rich Ross stepped down as chairman of Walt Disney Co's movie studio after a less than three-year run that included the release of "John Carter," one of the biggest flops in recent Hollywood history. ...
Rich Ross, chairman of Walt Disney Co's movie studio, stepped down after a two-year stint that included the release of "John Carter," one of the biggest flops in recent Hollyw
By Darren Hart:
The Walt Disney Co. (DIS) cautioned investors that when looking at the box office earnings of "John Carter," its film division would likely post a loss in the amount of approximately $200 million for Q2 2012.
Disney movie studio chief Rich Ross is stepping down after 2½ years in the post. The exit comes a month after the company warned of a $200 million loss on the film "John Carter."
LOS ANGELES (Reuters) - Walt Disney Co will record a $50 million write-down at its movie studio division after shutting down production on an animated film, a source with knowledge of the matter said on Thursday. The untitled stop-motion film was being directed by Henry Selick and due for release in October 2013, the source said. Selick has directed "Coraline," "James and the Giant Peach" and "The Nightmare Before Christmas." Chief Financial Officer Jay Rasulo announced the amount of the write-down in remarks to analysts at Bank of America Merrill Lynch conference. ...
Rich Ross' exit as Disney film chief reflects the high cost of inexperience and failure to surround himself with knowledgeable aides, observers say. It also raises doubts about CEO Robert A.