BBC: Disney axes 650 global film jobs

I find the BBC’s wording of that headline curious, given who’s birthday it is today. That said, this doesn’t sound like happy-fun-rosy times at Disney now, does it?

US entertainment giant Disney is to cut 650 jobs worldwide as part of plans to produce fewer adult-oriented films and concentrate on family blockbusters.

The firm is to reduce its film output from about 18 to 12 movies a year, with only two or three from adult-oriented subsidiary Touchstone Pictures.

The article says the cutbacks are part of an effort to reduce the number of flops (like The Ladykillers and The Alamo) and hopefully produce more big hits (like the recent Pirates of the Caribbean: Dead Man’s Chest).

[tags]Disney, Movies, Pirates of the Caribbean, Box office hits, Job cutbacks[/tags]