Burbank, CA – The Walt Disney Company agreed Tuesday to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100 percent owned by Chairman and founder, George Lucas. Under the terms of the agreement and based on the closing price of Disney stock on Oct. 26, the transaction value is $4.05 billion, with [...]
Since Disney discovered the golden goose that is “Pirates of the Caribbean,” an entire film franchise based on a Disneyland ride, the studio has decided to see if it can make lightning strike twice — or five or six times. 24 Frames reports that Disney is developing a script by Ahmet Zappa (son of Frank) [...]
Combining utterly disparate attributes and mythological beings has long been a successful formula in entertainment. Teenage mutant ninja turtles, space cowboys, alien vikings, etc. “Cowboy Ninja Viking” may just take the cake. Deadline reports that “Zombieland” scribes, Paul Wernick and Rhett Reese will be adapting a graphic novel by AJ Lieberman and artist Riley Rossmo, [...]
BURBANK, Calif. – August 27, 2010 – Two weeks after becoming the highest-grossing animated film of all time, Disney-Pixar’s “Toy Story 3″ will cross the $1 billion mark at the global box office today, joining “Alice in Wonderland” as the second $1 billion film this year from The Walt Disney Studios – the first studio [...]
Burbank, California, July 29, 2010—The Walt Disney Company announced today the sale of Miramax Films to Filmyard Holdings LLC for over $660 million subject to certain adjustments. Partners in Filmyard include Los Angeles businessmen Ron Tutor, Tom Barrack, Colony Capital LLC and other individuals. The transaction is subject to certain regulatory approvals and is expected [...]
Burbank, California – July 27, 2010—Advancing on its goal of bringing consumers its well-known stories, characters and brands in ever more engaging ways, The Walt Disney Company has agreed to acquire Playdom Inc., one of the leading companies in the fast-growing business of online social gaming. Playdom shareholders will receive total consideration of $563.2 million, [...]
*Update: del Toro will NOT be directing “The Haunted Mansion.” He will be writing and producing only. “Pan’s Labyrinth” director Guillermo del Toro recently devastated J.R.R. Tolkien fans by backing out of helming the upcoming “The Hobbit.” And now fans learn what project likely drew him away — a reboot of Disney’s “The Haunted Mansion.” [...]
BURBANK, Calif., July 20, 2010 – The Walt Disney Company makes its mark at the 2010 Comic-Con convention with an exciting line up of feature films, scripted and animated series, and interactive booths providing fans with a first look at new content, experiences and merchandise including toys, electronics, collectibles and more. Thursday, July 22 11:15 [...]
Disney was wrong. That’s what a jury decided today finally ending a years long $250 million “Who Wants To Be A Millionaire?” lawsuit brought against Disney by the show’s creator, Celador International. The jury found that Celador was wronged by a string of slippery inside deals by Disney, ABC, Buena Vista Television and Valleycrest Productions [...]
Pixar isn’t blazing any new trails in the realm of critically acclaimed animated cinema. Its parent company, Disney, has been winning Oscars with its hand-drawn masterpieces since 1937. But, the relatively young computer animation studio, through a flawless record of mature, innovative, deftly crafted pictures, has positioned itself atop the heap as a perennial Oscar [...]
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