Variety reports that Disney will no longer release an average of 18 films a year. From now on it'll be about 8 films per year. This includes films Disney puts out under its Touchstone Pictures label and its Hollywood Pictures alias.
Massive lay-offs and budget cuts are expected to be announced soon.
While I feel sorry for those losing their jobs, I do feel cheered that the possiblity of a Shaggy Dog 2 just became a bit more unlikely.
Posted by Sterling (Member # 8096) on :
Theatrical releases, or does this include direct-to-video/DVD releases?
(You may not yet be safe from SD2...)
Posted by The Pixiest (Member # 1863) on :
What about their Miyazaki imports? Are those included?
Posted by Puffy Treat (Member # 7210) on :
The article seemed to indicate a tightening of the belt all over.
The Studio Ghibli stuff is only distributed by Disney, not made by them, so it won't be affected. I think.
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