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Technology Stocks : C-Cube
CUBE 36.64-0.5%Dec 5 3:59 PM EST

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To: Stoctrash who wrote (28075)1/14/1998 4:08:00 PM
From: John Rieman   of 50808
 
Disney takes over top spots in DVD title sales. Lion King and Pocahontas to be released next year........................................

ijumpstart.com

CAN DISNEY HELP U.K. CABLE

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The popularity of Disney films has given instant credibility to cable's pay-per-view offering. In other markets, Disney's involvement has been essential. Disney's decision to finally agree to release some of its titles on DVD has instantly paid off for the industry - which has seen a significant increase in fourth quarter titles sold. Last month, Disney owned seven of the top 12 spots, including the top five positions, including "The Rock," "Scream," "George of the Jungle," "Tombstone" and "Ransom" - according to the U.S.-based VideoScan.

Next year, Disney plans to make a splash with the live-action OMighty Joe Young.O It also plans to release two made-for-video animated films that are sequels to "Pocahontas" and "The Lion King."

The studio posted record revenues of $22.5 billion last year - a 20 per cent increase over the previous year. Disney's creative content group posted revenues of $10.9 billion and operating income of $1.9 billion.
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