Fox's Film Studio Head to Step Down
June 16 2016 - 4:20PM
Dow Jones News
21st Century Fox Inc. said Jim Gianopulos, the longtime head of
its film studio, would step down from his current post when his
contract ends next year.
The 64-year-old will be replaced as chairman and chief executive
of the Twentieth Century Fox Film by Stacey Snider, who joined the
film studio in November 2014 and serves as co-chairman. Ms. Snider,
55, is the former chairman of Universal Pictures and former CEO of
DreamWorks Studios.
Mr. Gianopulos has run Fox's studio since 2000, starting as
co-chairman and co-CEO with Tom Rothman until 2012, when he assumed
sole possession of both titles. When his contract ends June 30,
2017, Mr. Gianopulos will remain with the company in a new
strategic capacity and continue reporting to Lachlan Murdoch and
James Murdoch, 21st Century Fox's executive chairman and chief
executive, respectively.
The company declined to comment further on Mr. Gianopulos's new
role.
"Jim has delivered year after year, with films that truly
soared, spanning 'Titanic', 'Avatar' and most recently the wildly
successful 'Deadpool,'" 21st Century Fox Executive Chairman Rupert
Murdoch said in a prepared statement.
21st Century Fox, which owns the studio, and News Corp, owner of
The Wall Street Journal, were part of the same company until
mid-2013.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
June 16, 2016 16:05 ET (20:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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