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Two senior executives depart Maker Studios

Maker Studios, the multi-channel network purchased by the Walt Disney Co. last year, has parted ways with two senior executives.

The exits of chief content officer Erin McPherson and senior vice president of marketing Jeremy Welt are the company's highest-profile executive departures since it was acquired by Disney for $500 million in March 2014.

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A spokeswoman for Maker said McPherson is "no longer with Maker Studios per mutual agreement with the company. Maker does not have any immediate plans to replace her role."

The company declined to comment on the departure of Welt.

McPherson joined Maker in 2013 after a stint at Yahoo, where she oversaw the Internet company's video business, including licensed content and original programming.

Welt has now had two tenures at Maker: He worked there as head of marketing for about a year before departing in November 2012 to join Revolt TV. He rejoined Maker in 2013.

Disney's purchase of Maker is a major digital bet that could end up costing the Burbank entertainment giant as much as $950 million if the company meets certain goals. Maker produces low-cost videos for YouTube.

The executives' departures were first reported by VideoInk.

Follow @DanielNMiller for film business news

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