Disney Moves to New Groove

Article Abstract:

Walt Disney Co. has announced that it will reduce the costs of its animated feature films as part of a strategy to increase its motion picture profits. Disney, whose "Dinosaur" film cost $130 million to produce, only spend $100 million on the new "The Emperor's New Groove."

Strategy & planning, Management

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Disney Studio chief resigns from unit after 18 months

Article Abstract:

Walt Disney Co. Studios' chairman, Peter Schneider, has resigned from his post after 18 months on the job. Schneider was instrumental in reviving the company's animation operations.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Walt Disney Co. Walt Disney Studios, Schneider, Peter

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Walt Disney nears deal to acquire Fox Family Channel

Article Abstract:

Walt Disney Co. is near a deal to acquire Fox Family Worldwide Inc. The deal is valued at $3.2 billion (3.67 billion euros) and will include the assumption of $2.1 billion in debt.

Asset sales & divestitures, Acquisitions & mergers, TV Program Production, Mergers, acquisitions and divestments, Television production, Television production companies, ABC Family Worldwide Inc.

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