Walt Disney Co. said Steve McPherson, president of its ABC Entertainment unit, has resigned two months before the network’s new television season begins.
A replacement for McPherson will be named shortly, Burbank, California-based Disney said today in an e-mailed statement.
ABC is adding six dramas to its schedule starting in September after “Lost,” the network’s fifth-highest-rated scripted show, concluded a six-year run in May. The network was the only major U.S. broadcaster whose total audience declined last season, and it’s also down among viewers aged 18 to 49, a group sought by advertisers, according to Nielsen Co.
Disney, the world’s biggest media company, fell 12 cents to $34.28 at 4 p.m. today in New York Stock Exchange composite trading. The shares have climbed 6.3 percent this year.
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