October 1, 2002 |
Walt Disney Studios has signed a two-year film distribution deal with Walden Media, a subsidiary of Anschutz Co. of Denver. The deal includes two films, the award-winning children's property "Holes" and James Cameron's 3-D underwater exploration adventure "Ghosts of the Abyss." Both are scheduled for release early next year. Walden was founded by Chief Executive Cary Granat, former president of Miramax Films Dimension Label, and Michael Flaherty, an entrepreneur in the education field.
October 30, 2002 |
Visitor numbers at Euro Disney's new theme park outside Paris have failed to pick up as the company had hoped, say analysts who are scaling down attendance and profit forecasts for next year. The Walt Disney Studios that opened in March was originally flagged as a crowd-puller that would lift total visitors to the two neighboring parks to 16 million to 17 million by 2002-03. Some analysts lowered estimates to 14.2 million. The group, which reports full-year results Nov. 13, declined to comment.
November 4, 1999
* Charles Newman has joined the Los Angeles office of executive search firm Blackshaw, Olmstead, Lynch & Koenig as managing principal. Newman most recently was senior vice president of human resources at Airport Group International Inc., an affiliate of Lockheed Martin Corp. and Soros Capital. * Walt Disney Co. named Chris Montan as president of Walt Disney Music, a new position to oversee music for animated movies, stage productions and other operations.
March 13, 2010 |
In a cost-saving move, Walt Disney Studios is shutting down Robert Zemeckis' ImageMovers Digital studio in Marin County, which employs 450 people. Those employees will be phased out over the course of the year until the facility closes by January. The director and producer's San Rafael-based studio, which Disney has been bankrolling, produces motion-capture animation technology that was used in Zemeckis' 2009 big-budget holiday movie "A Christmas Carol."
December 4, 2012 |
Netflix has acquired the exclusive U.S. rights to movies from Walt Disney Studios films, beginning in 2016, in a three-year deal that catapults the Internet video-on-demand service into direct competition with pay-TV giants such as HBO and Showtime. The news is a blow to the pay channel Starz, which previously had the rights to Disney movies, including its Pixar animated films and Marvel superhero pictures. Disney has also agreed to immediately give Netflix non-exclusive streaming rights to more of its older library titles including "Dumbo," "Pocahontas" and "Alice in Wonderland.
CALIFORNIA | LOCAL
October 24, 1992 |
Walt Disney Studios has donated $25,000 to a proposed Burbank branch of the Natural History Museum of Los Angeles County--the largest gift the fledging project has received. T.J. Baptie, a spokeswoman for Burbank-based Disney, said she became interested in supporting the museum after she was asked by City Councilman Michael Hastings to serve on a committee raising money for the project.