"Disney's Sean Bailey Steps Down, David Greenbaum Takes Over in Studio Shakeup"

Disney's live-action film studio undergoes a leadership shakeup as motion picture production president Sean Bailey steps down after disappointing box office performances, to be replaced by David Greenbaum. The move comes as Disney faces pressure to improve profits from its streaming business and boost box office performance, with activist investor Nelson Peltz calling for a shakeup of the company. Former Disney boss Bob Iger has returned to the company after its share price plummeted and Disney+ continued to make a loss.