Hardie replaces Taylor as Jetix chief

Following Disney acquisition of the children's TV network

LONDON -- Jetix chief executive Paul Taylor has resigned with immediate effect, to be replaced by Disney exec John Hardie, following Disney's full acquisition of the Pan-European children's entertainment group, it was announced Wednesday.

Hardie will remain executive vp of Disney Channels EMEA, overseeing the studio's channel distribution activities, but will also take over responsibility for the Pan-European kids channel which was formerly Fox Kids Europe.

Disney announced Dec. 8 that it intended to acquire 100% ownership of Jetix Europe and will delist the company from the NYSE Euronext Amsterdam exchange at the end of this month.

"Paul has done an exemplary job in his four years as CEO and we wish him the very best in future endeavors," said Andy Bird, chairman of the supervisory board of Jetix Europe.

It is thought that Disney will integrate Jetix operations more closely with its own bouquet of children's channels in a bid to streamline operations and cut costs.