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Exclusive: Jason Krebs To Leave Disney-Owned Maker Studios

Exclusive: Jason Krebs To Leave Disney-Owned Maker Studios
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Walt Disney Co's (NYSE: DIS) Maker Studios may soon be seeing an executive departure.

People familiar with the matter told Benzinga that Jason Krebs, head of sales at Maker Studios, could soon be on his way out. He joined Maker Studios in 2013, when it acquired Blip, where Krebs was serving as President, Sales and Marketing.

Maker Studios was acquired by Disney in 2015 for $500 million.

Courtney Holt is at the helm of Maker Studios, which is now part of Disney's Consumer Products and the Disney Interactive Division. Signs of trouble brewing in the paradise of a Disney-Maker Studios combo emerged when Ynon Kriez, who was the CEO at the time of the deal, decided to quit following a year after the consummation of the deal.

Reports suggested that skirmishes among top executives and a lag in the integration of Maker Studios into Disney led to the fallout. Additionally, it's also speculated that Maker Studios couldn't pocket the $450 million milestone payment due to the failure to meet some growth goals.

Disney could not be reached for comment at time of publication.

Check back on Benzinga for more information as it comes in.

Posted-In: Jason Krebs Maker StudiosNews Rumors Management Best of Benzinga


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