According to The Hollywood Reporter, Peter Rice, Chairman of General Entertainment Content for The Walt Disney Company, is leaving the company.
Rice is reportedly exiting the company after being “summoned” to a meeting with Disney CEO Bob Chapek on Monday. Rice joined the Walt Disney Company in 2019 when the company acquired 21st Century Fox’s television and film divisions.
In his role at Disney, Rice oversaw the entertainment and news programming for Disney+, Star, and Hulu, in addition to the Walt Disney Company’s cable and broadcast networks.
Dana Walden (who also made the move from Fox to Disney) will be taking over for Rice.
Sources claim that Peter Rice had several years left on his current contract, and is set to receive a significant payout.
Deni loves all things Disney, and, in 2013, moved to the Magic from Maryland. Walt Disney World is her happy place, and she loves getting to share it with others. Deni and her husband of almost 26 years have 2 grown children. Her favorite WDW snack? A Mickey Bar, of course. Is there any other?!