Disney has fired its top television , .
The has announced the immediate firing of its most senior television , , saying he is not a good fit for Disney’s corporate culture, according to The .
The in a short meeting, according to those closest to the scenario who have spoken anonymously., of , was dismissed Wednesday by Bob Chapek, CEO of
The that produces more than 300 shows yearly for ABC, , Disney+, Hulu, and FX. is a division of
Rice was also tasked with overseeing and just renewed his contract with Disney in August 2021. The contract expires in 2024, but Disney has said the company will pay out Rice’s contract.
On Thursday, The is expected to announce the replacement of Mr. Rice with , who has served as chairperson for for .
But Hollywood may not take well to the of ‘s removal, as he is widely admired among many there. Rice has even been thought of as a possible successor to Bob Chapek, leading some to question whether talk of Rice as a better fit as Disney’s CEO than Chapek had anything to do with the firing.
Bob Chapek has had months of difficulty in the court of public opinion, especially as Disney has stepped into the proverbial ring with Gov. Ron Desantis in Florida. In addition, Disney’s stock has taken a huge tumble during Chapek’s tenure, and online petitions to remove Chapek from his post have been circulating for months.
. He rose to his position as of before Rupert Murdoch sold most of the company to Disney in 2017 for $52 billion. Both and Dana Waldman joined Disney as part of that acquisition. stepped into the arena in 1987 as a summer intern with