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What kind of a boss will Disney be?
That’s a question facing employees at 20th Century Fox, Fox Searchlight, National Geographic Partners, FX Networks, and other assorted parts of Rupert Murdoch’s former media empire. Wednesday was their first full day as staffers of the Walt Disney Co. and the initial moves have done little to assuage anxieties. Many employees arrived at Fox’s Century City lot expecting the worst. The Fox and Disney merger is expected to result in as many as 4,000 lost jobs.
Ax - Staffers - Slips - Week - Rumors
The ax has yet to fall, but many staffers believe that pink slips could be handed out this week. There are rumors that some employees will be asked to stay on for a transitional period while others will be given severance packages almost immediately. Employees who are staying on expect to be told who they will report to by Thursday.
Murdoch’s new Fox Corp. held on to the 20th Century Fox lot in the sale process. Disney has a seven-year lease with Fox Corp. to continue housing the 21st Century Fox businesses that it has just acquired. The bifurcation of the consolidated Disney-Fox operation has led to speculation about where the senior executives will settle over the long term: Burbank or Century City?
Bob - Iger - Hostless - Oscars - 'It
Bob Iger on Hostless Oscars: 'It's Been a Rollercoaster'
Iger was not spotted on the Fox lot early Wednesday, but Walt Disney Studios president Alan Bergman and chairman Alan Horn were expected to be on the lot for meetings. Dana Walden, chairman of Disney Television Studios and ABC Entertainment, started her day on the Fox lot.
Communication - Note - Disney - CEO - Bob
So far, communication has been limited to a note from Disney CEO Bob Iger, which seemed to allude to the deep staffing cuts to come.
“Our integration process will be an evolution, with some businesses impacted more than others,” Iger wrote. “We’ve made many...
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Why do democrats never have to face the reality of what's on the ground, like 2000 years of marriage.