Report: big Disney cuts
By lipply on Jul 14, 2006 in Uncategorized
| Disney will substantially reduce its work force and slash its annual output of films from 18 to eight – cutbacks greater than [tag]Hollywood[/tag] had anticipated, Daily Variety reported Wednesday. Additionally, the Hollywood trade paper said all the movies will be Disney-branded, suggesting diminished roles for its Touchstone label. The paper said a [tag]Disney Co.[/tag] announcement was expected within 10 days. |
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Disney wouldn’t discuss the report. “We are constantly evaluating our business to make it better and more efficient,” Disney spokeswoman Heidi Trotta said in a prepared statement.