Word: tron
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...shortage of enchantment is beleaguering the Magic Kingdom. Annual profits of Walt Disney Productions have fallen 30% since 1980, when it earned $135 million. Disney has failed to charm audiences with films like Tron, a write-off of $10 million. Even its fantasy lands have lost some of their drawing power. During the first quarter of fiscal 1984, attendance at Florida's Walt Disney World fell 8% from the previous year...
...sales of everything else. That, says Wall Street Disney Watcher Lee Isgur of Paine Webber Mitchell Hutchins, might add $25 million to $40 million to Disney's operating profits next year. The income should fatten Disney profits from its U.S. theme parks, adventure and family movies (TRON, Tex) and other activities, which ran to some $200 million last year...
...only field events that may be weaker are the weight throw and shotput. Junior Tom Schuler and senior Al Quintero will be competing, but the loss of Captain Lanny Tron to graduation will be felt...
...huge success. Though the new venture is more than half financed from its own assets, the Disney organization is no longer the magic profitmaker that Uncle Walt bequeathed. Disney films have flopped almost without exception since Mary Poppins in 1964; the organization's celluloid bid for adult acceptance, TRON, has yet to recoup its $22 million expenditure. The recession and the declining appeal of its theme parks have reduced attendance at Disneyland and the Magic Kingdom. Epcot Center is expected to attract 9 million admissions its first year at a one-day price of $15. Disney strategy...
...select group of 15 U.S. Army officers went to Livermore, Calif, last year to do what no one had done since Hiroshima and Nagasaki: set off nuclear weapons in a battlefield situation. The action took place, TRON-like, entirely with in the circuitry of a large research computer, but the officers sitting in front of the machine's display screens were not just playing video games. They were in Lawrence Livermore National Laboratory at the Pentagon's request to test the world's most powerful combat simulator. The fate of the earth after the fall out cleared...