Feb 27, 2024

Top Disney movies boss steps down in shakeup

Disney has shaken up the leadership of its live-action film studio as boss Bob Iger looks to turn around the entertainment giant's fortunes. "Sean has been an incredibly important member of the Studio's creative team for well over a decade," said Disney Entertainment Co-Chairman Alan Bergman. Disney has been under pressure from activist investor Nelson Peltz, who has called for a shakeup of the business. The US billionaire wants Disney to boost profits from its streaming business as well as improve the box office performance of its films. Mr Iger previously headed Disney for 15 years before retiring at the end of 2021 but made a shock return to the firm less than a year after stepping down.

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