Seems like Disney will be making their company a little smaller (which will result in a lot of money made…since the movies that they do make will be better choices–at least one would hope).
Darkhorizons.com has the scoop (like there was ever anyone else?):
Disney – Jobs & Films Have Got To Go
Posted: Wednesday July 12th 2006 3:09pm
Author: Garth Franklin
Disney Pictures will announce within the next ten days that it’s cutting back on the number of films it makes to around eight per year – it currently releases around 18 – and will substantially reduce its workforce reports Variety.
All movies will be Disney-branded, meaning companies like Touchstone could be vastly diminished. The cutbacks will be far greater than many anticipated, as Walt Disney Studios chairman Dick Cook looks to reinvent the architecture of his studio.
Move reflects an effort to improve the studio’s return on investment and get infrastructure back into line which, despite high profile success like “Pirates” and “Cars”, has seen some failures too like “Annapolis”, “Stay Alive” and “The Wild”.
Yeah, I don’t even remember ever seeing a commercial for Stay Alive or The Wild, maybe that should be there first step, making their products known. Annapolis I did see commercials for and wanted to see it, but it was in and out of the theaters in like three weeks. I’ve heard that it was actually good and may check it out on DVD soon.
I think its a great new step for the company, I don’t think all the names should go under the Disney label, because what if there is a need to make a rated R movie. The highest rating a Disney movie ever made was a PG-13 (that was for the first Pirates movie) and before that was a PG (which started with Tarzan and later followed a whole bunch more of the animated or CG movies like The Incredibles). Here’s a question I’d like answered, Disney used to own not only Touchstone Pictures but also Hollywood Pictures (which made a few movies here and there but I can remember the name for two reasons, number one it was called Hollywood Pictures (or films or productions or something along the lines of that, but never the less, it was Hollywood) and its symbol was a sphinx, which was always bizzare to me. The second was that the first time I saw the name was for Super Mario Bros. the movie, for all I know it could have been around a lot longer than that, but that was the first time the name caught my eye.
Anyway, Disney also owns Miramax and Diminesion (both previously owned by Bob and Harvey Weinstein who now own The Weinstein Co.) which usually do dramas and horror movies respectively. So, part of me wonders why they would throw all of that away and then I realized that if they are restructuring everything, its best to just have one company, first of all you don’t have to pay all of those people in all of those companies and you’d be saving a ton of money, and second they could eventually bring back the names of the companies as they see fit to make certain types of movies. So, I’m fine by that.
Disney is doing good right now, they have my blessing.