Reportedly, Alan Horn is stepping down as co-chairman of Walt Disney Studios (DIS) leaving Alan Bergman as the sole chairman effective Jan 1. Alan horn will continue as a chief creative officer of the company. The shift has come after the company announced that it was restructuring its media and entertainment divisions to focus more on streaming content.
Since May 2019, both Alan Horn & Alan Bergman have been successful in running Hollywood’s highest-earning studio. Horn with more than 50 years of experience and prior to joining Disney served as the President & COO at Warner Bros from the year 1999 to 2011.
“It has been an honor to lead The Walt Disney Studios over the past eight-plus years,” stated Alan Horn. “It has been an amazing run, and the time feels right to shift my focus solely to our enormous creative slate.”
Bergman as the sole chairman will oversee creative, production, marketing, and operations for Disney’s studio content, which includes Disney, Walt Disney Animation, Pixar, Marvel, Lucasfilm, 20th Century, Searchlight Pictures, and Blue Sky Studios. He will also oversee Disney’s theatrical productions.
“I am grateful to take on the role of chairman of the studios as I believe deeply in our people, culture, and the work we do,” stated Alan Bergman.
Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company, Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.