It has also called into question Walt Disney Co. Chairman and Chief Executive Robert A. Iger's ambitious attempt to modernize the 89-year-old studio by placing a TV executive in charge of his film division and accelerates uncertainty at a time when all entertainment companies are struggling to come to terms with a dying DVD business and long-term declines in movie ticket sales.
Dismissed after less than three years in the top movie job, Ross leaves a legacy of costly box-office flops, including last year's "Mars Needs Moms" and the recent Martian adventure film "John Carter," for which Disney plans to take a $200-million write-down — one of the largest losses in movie history.
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