From PJLifestyle: The Rise And Fall Of An Entertainment Mogul

After two and a half years at the helm of of Walt Disney Studios, Chairman Rich Ross, 50, stepped down on Friday. Ross’ departure comes on the heels of the high-profile failure of the sci-fi/fantasy epic John Carter. The $250 million film, which Disney hoped would be the year’s first blockbuster, only earned $269 million worldwide. After distribution and marketing expenses, John Carter‘s dismal take equals a loss of $80-120 million for Disney.

Ross took the reins at Walt Disney Studios with the goals of cutting costs and creating sure-fire hits. The projects he bet on cost him his job.

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