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The Shocking Disney Shakeup: Why Exactly Was Peter Rice Ousted?

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variety.com

Peter Rice was known for turning down opportunities to take a public victory lap.The soft-spoken British executive, who was ousted on Wednesday from the top TV job at Disney, has a reputation for quietly cultivating relationships with producers and directors such as Baz Luhrmann and Danny Boyle.

In the 2000s, he leveraged those ties to boost the performance of Fox Searchlight Pictures with hits such as “Moulin Rouge!” and “Slumdog Millionaire.” More often than not, Rice let the directors, producers and actors take the bows.That low-maintenance demeanor would serve Rice well in Murdoch’s empire as he became close to the family and rose in 2009 to oversee all of Fox’s entertainment networks.

After the sale of 21st Century Fox to Disney in 2019, Rice took over the largest swath of Disney’s TV operations (everything but the ESPN empire).

On Thursday, he was formally replaced by his top lieutenant, Walt Disney Television entertainment chairman Dana Walden. Disney’s TV content engines had been revving high under Rice and Walden’s leadership, which makes Rice’s abrupt dismissal all the more head-spinning for industry insiders.

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