Twenty-First Century Fox, Inc. and the Walt Disney Company Announces Management Changes
October 09, 2018 at 11:00 am EDT
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FOX, the company to be spun-off in connection with 21st Century Fox's (21CF) merger with The Walt Disney Company announced that senior 21CF executives have been named to future leadership roles across legal and human resources. The appointments, which take effect upon close of the Disney transaction and the creation of the new FOX, were announced by Lachlan Murdoch, FOX Chairman and CEO. Rita Tuzon named FOX EVP and Corporate General Counsel who currently serves as EVP, General Counsel at Fox Networks Group; Jill Ratner will transit to FOX EVP and Chief Litigation Counsel who currently serves as EVP, Deputy General Counsel, Litigation at 21CF; Kevin Lord who currently serve as EVP of HR at FOX News, will continue in that role but will broaden his responsibilities to provide HR oversight across all of FOX.
Mss. Tuzon and Ratner will report to Viet Dinh, FOX Chief Legal and Policy Officer. Mr. Lord will continue reporting to FOX News Channel CEO Suzanne Scott and, in his FOX role, will report to John Nallen, FOX Chief Operating Officer.
The Walt Disney Company is a media and entertainment group. Net sales (including intragroup) break down by activity as follows:
- operation of theme parks and hotel resorts (33.9%): operation, as of 01/10/2022, of 10 theme parks (35 hotels) located in the United States (Walt Disney World Resort, Disneyland Resort and Aulani; 6 theme parks and 23 hotels), France (Disneyland Paris; 2 theme parks and 7 hotels), Japan (Tokyo Disney Resort; 2 theme parks and 5 hotels), Hong Kong (Hong Kong Disneyland; 1 theme park and 3 hotels) and China (Shanghai Disney Resort; 1 theme park and 2 hotels). The group is also involved in cruise sales (Disney Cruise Line), travel organization (Disney Vacation Club and Adventures By Disney), design and development of parks and other real estate properties, and sale of consumer products (children's books, toys, game software, films, etc.);
- operation of TV and radio channels (33.4%): domestic channels (Disney Channels, ESPN, ESPN Radio, Freeform, FX Channels and National Geographic Channels) and international channels (Disney, ESPN, Fox, National Geographic and Star). The group is also developing film post-production and website operation businesses;
- video streaming (23.1%);
- audiovisual content production and distribution (9.6%): TV programs, animated films, TV series, music, live entertainment, etc.
Net sales are distributed geographically as follows: Americas (81.5%), Europe (10.4%) and Asia/Pacific (8.1%).
WALT DISNEY COMPANY (THE) 
