This answers those rumors that Jason Reed was going to leave Walt Disney Studios and take another gig outside the Mouse House:

Disney Logo2BURBANK, Calif., February 10, 2010 – Alan Bergman, president of The Walt Disney Studios (TWDS), announced today that Jason Reed has been named head of international local productions for the Studio, as Executive Vice President and General Manager of Walt Disney Studios International Productions.

“We’re pleased to have someone with Jason’s knowledge and experience take on this international role for The Walt Disney Studios,” said Bergman. “One of our important and long-term strategic priorities is to grow international local productions and Jason’s skill set is perfectly suited to help us accomplish that goal.”

In this expanded role reporting directly to Bergman, Reed will be responsible for working closely with each country’s management to develop a comprehensive market strategy for the individual territories. He will lead a group working with the local teams on all creative and business-related aspects of creating new films including film and talent selection, deal-making and budget considerations.

Reed, a 15-year studio veteran, most recently served as Executive Vice President of Walt Disney Studios Motion Pictures Production.