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Disney's Cutting Back

Published July 12, 2006 in Movie Industry
By Ryan Parsons | Image property of Disney.
Disney Disney
Even with Pirates of the Caribbean: Dead Man's Chest pulling in all kinds of money for Disney, the studio is still ready to tighten its belt and begin cutting back on films.

Disney Cuts Back

According to Variety, Disney plans to announce that they will cut back their film production from eighteen a year down to eight. All the movies will now also be Disney-branded, which could spell the end of Touchstone.

The cutback on films also means that the studio will begin shrinking its workforce as well. Maybe Donald Trumph can run on over to the Disney lot and give them a big "You're fired!"

The cutback, larger than originally anticipated, reflects an effort to improve the studio's return on investment and get infrastructure back into line.

Though Disney had amazing returns with films like Cars and Pirates, the studio has also encountered multiple flops with Stick It, Annapolis, Stay Alive and The Wild.

Hence, Disney is still counting on a major follow-up weekend for Pirates.

Whether the cutbacks suggest no more crappy animated sequels from Disney is yet to be known.

Stay tuned for updates.

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Ryan Parsons
Sources: Image property of Disney.

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