Daniel Battsek has stepped down as president of Miramax, less than a month after parent company Disney said it would scale back the number of releases from its arthouse division.
"With the change in direction at Miramax, we have reached a mutual agreement with Daniel that he will leave his post as president, effective January 2010," Rich Ross, newly appointed chairman of the Walt Disney Studios, said in a release Friday.
Besides downsizing the Miramax division’s schedule, Disney also folded much of its operations into the studio’s larger film group in early October. At the time, Disney said Battsek would continue to oversee all aspects of creative, development, production and business and legal affairs out of New York.