Walt Disney Co To Close Animation Studio In Australia
DOW JONES NEWSWIRES
July 26, 2005 5:25 a.m.
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SYDNEY (AP)--Walt Disney Co. said Tuesday it will close its Sydney animation production studio next year, with the loss of about 250 jobs.
"It is with regret that DisneyToon Studios has decided to close their animation production facility in Sydney in mid-2006," the company said in a statement.
"This closure is a business decision due in large part to the changing creative climate and economic environment in which DisneyToon Studios requires more flexibility to choose the most appropriate and efficient animation process," the company added.
Staff were told of the decision Monday when all employees were briefed by General Manager Philip Oakes.
DisneyToon Studios Australia started life in 1988 working mostly on television cartoons, such as "Winnie the Pooh," "Darkwing Duck," and "Duck Daze" but later graduated to work on animated movies such as "Return to Neverland," the 2002 sequel to the 1953 Disney classic "Peter Pan".
-Edited by Marissa Chew
DOW JONES NEWSWIRES
July 26, 2005 5:25 a.m.
--
SYDNEY (AP)--Walt Disney Co. said Tuesday it will close its Sydney animation production studio next year, with the loss of about 250 jobs.
"It is with regret that DisneyToon Studios has decided to close their animation production facility in Sydney in mid-2006," the company said in a statement.
"This closure is a business decision due in large part to the changing creative climate and economic environment in which DisneyToon Studios requires more flexibility to choose the most appropriate and efficient animation process," the company added.
Staff were told of the decision Monday when all employees were briefed by General Manager Philip Oakes.
DisneyToon Studios Australia started life in 1988 working mostly on television cartoons, such as "Winnie the Pooh," "Darkwing Duck," and "Duck Daze" but later graduated to work on animated movies such as "Return to Neverland," the 2002 sequel to the 1953 Disney classic "Peter Pan".
-Edited by Marissa Chew