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Disney: Ex-Warner Bros. chief to run studio

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Alan Horn

Alan Horn, the former president and COO of Warner Bros. Entertainment, has been named the chairman of Walt Disney Studios. The decision was announced today by Walt Disney Company chairman and CEO Bob Iger, just over a month after former Disney studio chief Rich Ross resigned in the wake of John Carter‘s box office belly flop, which will cost the company $200 million.

Unlike Ross, a former Disney Channel exec who had little movie experience when he took the job in October of 2009, Horn has decades of experience presiding over lucrative movie franchises like Harry Potter, the Oceans films, and Christopher Nolan’s reboot of Batman. Before his time at Warner Bros., he co-founded Castle Rock Entertainment, which produced movies like The Shawshank Redemption and When Harry Met Sally, and NBC’s blockbuster series Seinfeld.

“Alan not only has an incredible wealth of knowledge and experience in the business, he has a true appreciation of movie making as both an art and a business,” said Iger in a statement.  “He’s earned the respect of the industry for driving tremendous, sustained creative and financial success, and is also known and admired for his impeccable taste and integrity.  He brings all of this to his new role leading our studio group, and I truly look forward to working with him.”

Read more:

Rich Ross out as Disney studios chairman

Disney will lose $200 million on ‘John Carter’