Word: disney
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...complex media waterworks from what was once a simple French water utility, acquiring a hodgepodge of cross-border assets, from phone companies to film studios, that at some point were supposed to connect seamlessly and gush money. But he was late to the Big Media theory. Firms like Disney, AOL Time Warner, News Corp. and Viacom had already spent billions connecting content with distribution. To catch up, Messier became a serial acquirer, buying the Bronfmans' Seagram Co. and its Universal movie studio, theme parks and music group for $34 billion in stock. Last year, in the U.S. alone, he agreed...
...article about Disney's Lilo & Stitch, Richard Corliss mentioned that the movie includes "half a dozen Elvis Presley songs for Mom and Dad" [MOVIES, June 24]. Pardon me, but I think he meant Grandmom and Grandpop! Elvis died before I turned four years old, and I'm the mom of two young Disney fans who are as out of touch with Elvis as I am! JOANNA BELL Lutherville...
...didn't have enough problems with a soft ad market and a sinking stock price, the Walt Disney Co. has revealed to shareholders that it may owe several hundred million dollars because of a silly old bear. In 1961 Disney licensed certain rights to the character of Winnie-the-Pooh from literary agent Stephen Slesinger, who had acquired U.S. merchandising rights from A.A. Milne, author of the books featuring Pooh and Christopher Robin. That contract made no mention of videotapes, computer games or DVDs--because such uses either didn't exist or weren't widespread when the deal was made...
...though, Disney's sales of Pooh products, including videos, DVDs and interactive storybooks, bring in more than $4 billion a year, making Pooh the most popular Disney character, ahead of even Mickey, according to lawyers for the heirs of Slesinger, now deceased. Disney denies that math, but the heirs are suing for back royalties of $500 million to $1 billion and unspecified punitive damages. They even want a share of profits from theme-park rides like Pooh's Honey Hunt in Tokyo...
...very inclusive, but these are not Disney Indians. "We're not celebrating Lewis and Clark," says Tex Hall, president of the American Congress of Indians, who is scheduled to speak at the January launch of the commemoration at Monticello, outside Charlottesville, Va. "Still, people are making money on this, so don't leave out the Indians. It's an opportunity for us to tell our story." And to revive cultures that are slipping away. In Oregon, the Umatilla tribe, whose members told Clark they thought the explorers were "supernatural and came down from the clouds," wants funds for a language...