BUSINESS
December 25, 2008 | Claudia Eller
As Hollywood grapples with the difficult economics of its business, Walt Disney Studios has canceled plans to partner on the next film in the "Chronicles of Narnia" series, "The Voyage of the Dawn Treader." A Disney spokeswoman confirmed Wednesday that the Burbank studio decided not to exercise its option to co- finance the third movie in the franchise based on C.S. Lewis' classic children's books because of "budgetary considerations."