Nallen is set to become COO of so-called New Fox, the company that will be spun out of the remaining Fox assets not being picked up by Disney. Rice also assessed the uncertainty generated by the agreement — which appeared endangered earlier this year when Comcast made its own, ultimately failed play for Fox — but sought to buck up both those staying at Fox and those moving under the Disney umbrella.
He and Nallen fielded questions in person and online, with Rice handling the Disney-related questions and Nallen answering those pertaining to New Fox. Many questions related to shared services — jobs that may straddle both companies. Rice acknowledged that the deal will lead to employee layoffs.
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The impression left was that layoffs will be contained to those divisions going to Disney, with New Fox units such as Fox Sports, Fox Broadcasting, and Fox News being less affected. Handling a question about the potential for culture clash, Rice noted that Disney has successfully absorbed multiple organizations in the past.
Acquisitions of Marvel, Pixar, and Lucasfilm notably kept the unique cultures of those organizations largely intact.
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The town hall was the first of two slated to take place today on the lot, with the second scheduled for 3 p. The town hall took place as the shapes of New Fox and post-deal Disney are beginning to come into focus. Disney announced Monday that Rice will, as anticipated, join the company as head of its entertainment TV operations after the acquisition closes.
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On Monday, the company announced that Hope Hicks, a former White House aide to President Donald Trump, will take over as head of corporate communications next year. Get ready for a whirlwind of adventure with Freddy the Frogcaster when a famous storm chaser visits Lilypad! The fifth title in this series, Freddy the Frogcaster explains droughts, storms, floods, and flash floods, and encourages kids of all ages to be weather ready, just like our friend Freddy!
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