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May 29, 2006

Disney May Review Long-Term Movie Plans

Walt Disney Studios is expecting a big summer with the release of the highly anticipated animated film "Cars" and the next installment in the popular "Pirates of the Caribbean" series. But not all is well in movieland - and changes are afoot. With a decline in DVD sales and the rising cost of making movies, Hollywood in general has been tightening its belt. And now Disney, as part of a long-term review, is contemplating layoffs, looking to rein in costs and rethinking the type of movies it wants to make at its live-action Disney Studios, according to people apprised of Disney's planning.

Details & Discussion Here
Posted By: Figment! @ 7:52 PM | permalink

 

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