EXCLUSIVE: As anxiety rises at 21st Century Fox today following the formal announcement this morning of the sweeping $66 billion acquisitions by The Walt Disney Company, Peter Rice has just sent out an email to staff notifying them of three town halls to be held today.
In the correspondence, which you can see in full below, the 21CF President doesn’t offer any indication of where things will go next for the company’s employees as the merger of many of Rupert Murdoch’s assets now belong to Bob Iger and the House of Mouse. However, Rice does promise “to answer any questions you may have about this morning’s announcement.”
“Nobody knows who is staying or going or what’s happening next,” one senior Fox staff told Deadline of the fallout of the merger. Today’s deal will see Fox’s film and TV studios, its FX and National Geographic cable networks, regional sports networks, UK satellite television provider Sky stake, its international cable networks and one of the most coveted film libraries in the industry now belong to Disney.
The trio of events at the Zanuck Theater on the Fox lot will take place at 10 am, noon and 2 PM with an additional town hall on Friday at 3 PM. Fox Network Group chairs and co-CEOs Dana Walden and Gary Newman along with Fox Sports boss Ed Shanks will be at all of the town halls with Rice. Perhaps heading over to meetings at Disney, FX chief John Landgraf will also be on stage for the first two gatherings but is seemingly skipping the 2 PM session today.
While the fate of many Fox staffers will likely be in flux over the next few weeks, Walden, as Deadline reported on December 10, is on the short list to become the head of Amazon Studios.
In that vein, read Rice’s full email here:
I hope you’ll join ne at one of three town halls taking place today to answer any questions you may have about this morning’s announcement.
The town halls will be today at 10 am, noon and 2 pm at the Zanuck Theater
Erik Shanks, Dana Walden and Gary Newman will join me for all three of the town halls. John Landgraf will join as well for the 10 am and noon sessions.
Space is limited at the Zanuck Theater so seating will be on a first-come, first served basis,
For employees outside of Los Angeles, Declan Moore, Joe Marchese, Carlos Martinez, Jan Koeppen, and other business leasers will hold separate town halls later this afternoon. You’ll receive information on those town halls separately
For those in Los Angeles that cannot attend today I will hold a final town hall this Friday at 3 pm at the Zanuck Theatre.
We will be providing additional information to senior management and your HR contact throughout the day today. Starting tomorrow they will be available to answer any questions that you many have,
I hope to see you at one of our town halls,