Disney Internet Chief Wadsworth Quits

The Walt Disney Company's (DIS) Internet chief resigned following a difficult tenure that included several shifts in strategy.

Steve Wadsworth, president of the Disney Interactive Media Group, resigned last night, The New York Times reported.

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"I have been thinking about this for quite some time," Wadsworth said in an e-mail to staff. "My desire and excitement to pursue other opportunities is too great to ignore."

John Pleasants, CEO of Disney's social gaming business Playdom, may succeed Wadsworth, The New York Times reported.

Wadsworth's group reported a quarterly loss of $65 million. The company has struggled to build gaming worlds around franchises such as Pirates of the Caribbean and Tinker Bell.

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