Walt Disney Studios News
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Disney’s extravagantly flashy “Oz the Great and Powerful” all but snuffs out the horsefeather magic and carnival heart that provides what little enchantment the film conjures.
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A Walt Disney Co. unit asked a federal judge to block a bankruptcy court ruling that would allow another company to sell patents related to three- dimensional movies.
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U.S. customs officials began closing Web sites that offer pirated movies, fulfilling a promise to crack down on illegal downloads that Hollywood executives say cost the U.S. economy more than $20 billion a year.
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Medtronic Inc. ’s CoreValve unit didn’t infringe Edwards Lifesciences Corp. ’s European patent for artificial heart-valve technology, a U.K. appeals court ruled.
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While Barnes & Noble Inc. Chief Executive Officer William Lynch describes Apple Inc.’s iPad as a great product, even a “juggernaut,” he also has a few criticisms. Mainly that it’s expensive and weighs too much.
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Walt Disney Co. agreed to buy George Lucas’s Lucasfilm Ltd. for $4.05 billion, pressing Chief Executive Officer Robert Iger’s $15 billion bet on creative franchises by adding “Star Wars” and “Indiana Jones.”
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Barnes & Noble Inc. , which makes the Nook electronic reader and sells books from its website, sued Xerox Corp. and Alcatel-Lucent SA over demands the bookseller pay royalties for patents.
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Walt Disney Co. will cut about 200 jobs at its film division, or 5 percent of the workforce, said two people with knowledge of the plans, as the company realigns distribution and relies more on production from Marvel and Steven Spielberg ’s DreamWorks Studios.
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“Marvel’s The Avengers” crushed U.S. box-office records with $207.4 million in weekend ticket sales, opening the summer movie season with a huge win for Walt Disney Co. following the mega-flop “John Carter.”
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Jeffrey Katzenberg, with deals that give him new characters, a theme park and a footprint in China, is signaling DreamWorks Animation SKG Inc. plans to expand beyond 3-D movies and home video.
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