Studio Business Units Restructure to Reflect This Renewed Focus and New Global Organization
BURBANK, Calif., July 18 /PRNewswire/ -- Dick Cook, chairman, The Walt Disney Studios, announced today a strategic shift toward more Disney branded movies. The studio will produce and distribute approximately 10 Disney live-action and animated films a year and two to three Touchstone films a year.
In making the announcement, Cook said, "Disney is the #1 name in filmed entertainment around the world. It's the name on the door, it's what we do best, and when we do it right, not only do moviegoers of all ages benefit from the finest in quality entertainment, but it lifts the entire company as well. The depth and breadth of great Disney movies range from Pirates of the Caribbean to Cars to The Chronicles of Narnia, and we look to expand our global reach even more."