Disney earnings soar on DVD sales

May 7th, 2008 at 12:40 pm

Disney Dollar

Walt Disney Co. managed to make a little more Disney dollars than expected, with a 21% jump in the second quarter. Net income rose to $1.13 billion, compared to $931 million in the same period last year.

DVD releases of ‘Enchanted,’ ‘Game Plan’ and ‘No Country For Old Men’ helped to increase DVD sales with 15%. You didn’t know Disney was responsible for such a gruesome picture, did you?

Other than the DVD income, the Disney theme parks did some good numbers as well. “I think we’re six to nine months into this recession and it looks like their bookings have not suffered,” Laura Martin of Soleil/Media Metrics said. Sales for this division climbed 11% to $2.72 billion.

No, the entertainment industry isn’t ready to give in on that recession just yet.

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Miley Cyrus photo to take down $1 billion franchise

April 28th, 2008 at 1:00 pm

Miley Cyrus

Thinking she was doing an “artsy” photo shoot, Miley Cyrus was tricked into posing topless for the Vanity Fair magazine. And before you go off to Google to search for an uncensored pic, hint: there’s nothing to see. If she should know anything though, it’s not to spike controversy by selling sex in America. Not when you are Janet Jackson and certainly not when you are Hannah Montana, adored by millions of children in your country.

Last month, the president of entertainment for Disney was quoted saying, “For Miley Cyrus to be a ‘good girl’ is now a business decision for her. Parents have invested in her a godliness. If she violates that trust, she won’t get it back.

But will this really threaten the ‘Hannah Montana’ franchise, which is expected to make $1 billion this year alone? I think not. Last year, pictures of Vanessa Hudgens hit the net and Disney didn’t seem to mind that much back then. You had probably forgotten about it too, until I told you just now.

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Talking animals make $2 million upfront

April 22nd, 2008 at 10:32 pm

Animal Booty Call

Jay Scherick and David Ronn weren’t too pleased when their pitches at the Hollywood studios brought them nothing but rejection. Maybe it wasn’t until they stopped telling everybody they co-wrote ‘Norbit,’ that almost one year later they finally made a deal.

The script ‘Zookeeper’ is about a zookeeper who gets dating tips from the talking animals he works with. MGM made the deal and proudly describes it as ‘Hitch’ with animals. Apparently, Disney and Dreamworks were interested in the script too, both fitting candidates. And this way, Scherick and Ronn got “a $2 million advance against a $3 million if the project gets made.”

I just hope they bring something new to the ‘talking animals table.’ They pretty much have to, with that amount of money.

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