Alan Horn Named Chairman of Walt Disney Studios (DIS)
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Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.5%
Revenue Growth %: +9.6%
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Walt Disney Company (NYSE: DIS) announced that Alan Horn has been named Chairman of The Walt Disney Studios effective June 11. Horn will oversee worldwide operations for The Walt Disney Studios including production, distribution and marketing for live-action and animated films from Disney, Pixar and Marvel, as well as marketing and distribution for DreamWorks Studios films released under the Touchstone Pictures banner. Disney’s music and theatrical divisions will also report to Horn.
Horn was most recently President and COO of Warner Bros. Entertainment (NYSE: TWX) where he had oversight of the Studios’ theatrical and home entertainment operations, including the Warner Bros. Pictures Group, Warner Premiere (direct-to-platform production), Warner Bros. Theatrical Ventures (live stage) and Warner Home Video.
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Horn was most recently President and COO of Warner Bros. Entertainment (NYSE: TWX) where he had oversight of the Studios’ theatrical and home entertainment operations, including the Warner Bros. Pictures Group, Warner Premiere (direct-to-platform production), Warner Bros. Theatrical Ventures (live stage) and Warner Home Video.
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