Fox employees knew this day was coming. For over a year, the men and women who work at the Century City lot have talked of little else but severance packages and job searches. They knew that when Disney wrapped up its $71.3 billion acquisition of much of 21st Century Fox’s film and television assets, thousands of jobs would be eliminated.
But until recently, they just didn’t know the specifics. The ax officially fell yesterday.
Studio veterans such as domestic distribution chief Chris Aronson, president of product strategy and consumer business development Mike Dunn, worldwide theatrical marketing president Pam Levine, and chief content officer Tony Sella, who have decades of experience, were gone in short order, taking with them pieces of the institutional memory of a studio that has made everything from Shirley Temple musicals to “Avatar.”
Tough times for the people at Fox.