NFLX - Disney Revamps Film Leadership Greenbaum Takes Helm to Boost Box Office Hits | Benzinga
Walt Disney Co (NYSE:DIS) is initiating a significant change in its film division’s leadership to address recent underperformances, with David Greenbaum of Searchlight Pictures set to replace Sean Bailey.
Bailey has stepped down as the president of Walt Disney Studios Motion Picture Production, marking an end to his 14-year tenure.
This reshuffle comes after a series of disappointing releases, including the recent superhero movie “The Marvels,” which grossed only $206 million globally, significantly less than the typical earnings of a successful comic-book film.
Greenbaum, previously co-president of ...