The Walt Disney Company, whose acquisition of 21st Century Fox assets was finalized last month, is to keep several prominent Fox staff members in leading roles across Asia. However, at least one senior Fox executive in Asia is departing amid the restructuring.
The decision to keep on multiple Fox executives appears to follow the logic that Fox is the dominant pay-TV group in Asia, and that a drastic management overhaul would not help it at a time when TV is facing a growing challenge from streaming platforms.
Disney had announced several months ago that Uday Shankar, who previously ran Foxs market-leading Star TV group in India, would be the new boss in the region once the Disney-Fox merger was completed. In a memo to staff Monday, Shank…
Read the full article at: https://variety.com/2019/biz/news/disney-leadership-roles-fox-staff-asia-reshuffle-1203177260/