Jacobson, 40, one of Hollywood's most respected movie executives, was fired Monday morning by her boss, studio Chairman Dick Cook, when she called him from the hospital room where her partner was about to deliver their third child. Despite the record-breaking performance of Disney's current release, "Pirates of the Caribbean: Dead Man's Chest," she was hearing rumors and wanted reassurance that her job was safe. It wasn't. Cook told Jacobson who had two years to go on her three-year contract that Oren Aviv, the studio's marketing chief, was replacing her as president of production.
Cook offered Jacobson a production deal at the studio, which she declined.
"I would rather start fresh with something new," she said Tuesday. "I feel very sad to be leaving a job that I have loved."
Cook called Jacobson a "good friend, great colleague and tireless worker." Acknowledging that the timing was bad, Cook said, "I begged to see her face to face and she wanted to talk to me right then. This was not what anybody wanted."