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Peter Rice

Biography

Peter Rice

Overview

  • Born
    1966

Biography

  • Peter Rice is an independent producer partnered with A24 under a producing and co-financing agreement, according to a June 2023 article in The Hollywood Reporter.

    Formerly Disney's top film and television executive, Peter Rice was unexpectedly fired by Disney CEO Bob Chapek in June 2022, which came as a shock to Hollywood, as reported by CNBC.

    Peter Rice, when Chairman of General Entertainment Content for The Walt Disney Company, focused on creating original entertainment and news content for the Company's streaming platforms and its cable and broadcast networks. Under his oversight were the content engines of 20th Television, ABC, ABC News, ABC Signature, Disney Channels, Freeform, FX, Hulu Originals, National Geographic and Touchstone Television. Rice also oversaw The Walt Disney Company's equity interest in A+E Networks.

    When 21st Century Fox was acquired by Disney, Rice was President of 21st Century Fox and Chairman and CEO of Fox Networks Group (FNG), where he was instrumental in driving the growth of FNG's television business across linear and digital platforms. During his tenure, FNG's revenue doubled as its portfolio was reorganized and aligned around four key brands reaching more than 2 billion subscribers worldwide.

    At FNG, Rice oversaw long-term sports rights deals with the NFL, MLB, the UFC, FIFA, WWE and dozens of professional sports leagues and teams. A driving force in the formation of National Geographic Partners and the launch of FS1 and FS2. At Fox, Rice was responsible for realigning its international channels business in Europe, Asia and Latin America, and integrating the company's advertising divisions into a single, data-driven enterprise. He oversaw the launch of its Digital Consumer Group; its participation in Hulu, where he serves on the board; and the establishment of FoxNext Games. Under Rice's leadership, FNG was home to shows including "The Simpsons," "American Idol," "Glee," "The Americans," "Genius," "Modern Family," "Homeland," "This Is Us" and "Empire," the World Series, the World Cup and the Super Bowl. During his tenure, FNG earned more than 600 Primetime Emmy® nominations, 68 Golden Globe® nominations and more than 200 Sports Emmy nominations.

    In 2010, Rice served for two years as Chairman, Entertainment, for FNG. He also served as Chairman, Entertainment for Fox Broadcasting Company, helping to lead FOX to three seasons as the No. 1 network and extend its streak to eight seasons as the top-rated broadcaster. Before transitioning to Fox's television business, Rice served as President, Fox Searchlight Pictures. During his tenure, Fox Searchlight generated 51 Academy Award® and 42 Golden Globe Award nominations. The films released under his leadership include "Slumdog Millionaire," "Juno," "Napoleon Dynamite," "Little Miss Sunshine," "The Last King of Scotland" and "Sideways." Prior to leading Fox Searchlight, Rice was Executive Vice President of Production for Twentieth Century Fox, where he worked with director Baz Luhrmann in the development and production of Oscar® Best Picture nominee "Moulin Rouge" and "William Shakespeare's Romeo & Juliet." He also served as the supervising creative executive on "X-Men."

    Rice has served on the board of directors for Hulu, National Geographic Partners, the National Cable & Telecommunications Association, Southern California Public Radio, and the Motion Picture & Television Fund's Board of Governors.

    Rice began his career as an intern in the marketing department at Twentieth Century Fox in 1989. He graduated from the University of Nottingham.
    - IMDb mini biography by: CNBC, The Hollywood Reporter and Walt Disney site official bio

Trivia

  • Began working at Fox as a Summer Intern in 1989.
  • The "Bloodlines" Connection: Rice's entry into Hollywood was fueled by a unique family history. His father, Tom Rice, was a British union official who notably cooperated with Rupert Murdoch during the 1986 Wapping labor dispute. Murdoch reportedly had such high respect for the elder Rice that he viewed Peter as an "adjunct member" of the Murdoch family.
  • The Socratic Method: In high-stakes business meetings, Rice is known for using the Socratic method, frequently asking questions rather than giving orders. He is also comfortable with long, "cryptic" silences that some of his lieutenants have described as intentionally intimidating.
  • The "One-Studio" Man: Before his high-profile ousting from Disney in 2022, Rice had famously never worked for another company. He joined 20th Century Fox as a summer intern in 1989 and stated in a Variety essay that he "never wanted to work anywhere else".
  • Art-House numbers Cruncher: He is described as a rare Hollywood hybrid: a "film-buff numbers cruncher". He has enough "English reserve" to walk away from massive projects like Traffic when the budget exceeds his calculated range.

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