Some big changes happening in the film division of The Walt Disney Company as it was announced that Sean Bailey would be stepping down at President of Walt Disney Motion Picture Studios.
In his place, Searchlight Pictures co-president David Greenbaum will now take on the newly created role of President, Disney Live Action and 20th Century Studios.
This merges two of Disney’s film divisions: the live-action, which is responsible for remakes and spinoffs of the studio’s classics, and 20th Century Studios, which Disney acquired in the Fox deal in 2019.
Greenbaum will report to Disney Entertainment co-chairman Alan Bergman, and Steve Asbell, who has served as President, 20th Century Studios since March 2020, will report to Greenbaum. And Matthew Greenfield who worked with Greambaum at Searlight Pictures will now have sole oversight of Searchlight, and continue to report to Bergman.
“David has an incredible creative sensibility and eye for film, and he has built a reputation as an exceptional leader and creative executive, as proven by his track record at Searchlight Pictures and deep relationships throughout the industry,” Bergman said in a statement. “I’m thrilled that he’ll be taking on this new and important role.”
Reports are Bailey will still have some involvement with Disney’s film division, but as a producer. He’s currently attached to the upcoming “Tron” sequel, “Tron: Ares.“
Bailey explained in his own statement, “These 15 years at Disney have been an incredible journey, but the time is right for a new chapter. I’m deeply grateful to my exceptional team and proud of the slate and history we’ve built together. I joined Disney while producing ‘Tron: Legacy,’ so it seems fitting that I will have the opportunity to work on the latest ‘Tron’ as I depart.”
Films Coming Soon
Next up on Disney’s live-action and 20th Century slate under Greenbaum are “Kingdom of the Planet of the Apes” (May 26, 2024), the sequel “Alien: Romulus” (August 16, 2024), and “Mufasa: The Lion King” (December 20, 2024).
Disney also has live action remakes of “Snow White” starring Rachel Zegler and Gal Gadot, “Moana” with Dwayne Johnson, and “Lilo & Stitch” in development.
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