Walt Disney Co. said Steve Wadsworth will step down as president of the company’s Interactive Media Group.
Four years ago, Bob Iger , the chief executive officer of Walt Disney Co. , tried to build a cell- phone business. Disney created a family-oriented service that included global positioning so parents could track their kids.
Walt Disney Co. is in talks to buy Playdom Inc. , maker of video games played on the Facebook social-networking website, according to a person with knowledge of the negotiations.
"There are a number of career adventures and new endeavors that I have been interested in exploring, but my commitment and focus have been here at Disney."
- Steve Wadsworth on Sep 24, 2010
Taking Stock: Winners and Losers, Tapjoy, TrimTabs