The Walt Disney Co. is currently in talks to remake the 1981 film Condorman, which originally starred Michael Crawford, Oliver Reed and James Hampton.
The film follows the story of a cartoonist who magically transforms into the superhero he draws, but the original film didn’t meet with much success. Despite its initial failings, Condorman has grown into somewhat of a cult classic over the years. Because of this, Disney seems on the fast track to getting this reboot under production as quickly as possible.
We’ll let you know more when further details …

The Walt Disney Co. and Cablevision Systems Corp. have finally reached a multi-year deal that will give Cablevision’s T.V. subscribers access to Disney’s EPSN on mobile devices. Additionally, Disney will now have a distributor for a 24/7 news channel aimed at Hispanic audiences.
The agreement comes on the heels of a dispute between the two corporations two years ago, when Cablevision subscribers lost 15 minutes of ABC’s Oscars ceremony because of a blackout due to a fight over fees. Now that the dispute is behind them, the companies were able to …

Last Thursday, Disney Chief Financial Officer Jay Rasulo discussed the company’s performance this fiscal quarter at a presentation to investors at the Bank of America/Merrill Lynch Media, Communications and Entertainment Conference in Beverly Hills. Rasulo also disclosed that the company had taken a $50 million write-down following the cancellation of one of its upcoming films.
Following the cancellation of a stop motion animated film helmed by Henry Selick, the company has taken a $50 million write-down, which will cost the company two cents per share. The film, which was originally slated …

While known internationally as a popular European destination, Disneyland Resort Paris has been bogged down by debt and lackluster financial results since its opening in 1992. This week, however, Time Business revealed that the Walt Disney Company may be working to relieve these financial troubles through a buyout of the French company that manages the resort, Euro Disney SCA.
Time reports that internal meetings are currently being held to decide if the Walt Disney Company should buy out the Euro Disney stock that it does not own; currently, Disney owns about …

Last week, Disney Enterprises Inc. filed three lawsuits against people who allegedly sold fake tickets to their theme park.
One of the lawsuits filed is against Elena Tarano, who has been arrested three times in the past year for selling previously used tickets to Disney as well as Universal Orlando. Tarano operates a ticket shop in Orange County, where Disney claims her illegal business practices have occurred.
In the lawsuit against Tarano, Disney alleges copyright and trademark infringement, and also claims that Tarano’s illegal acts have negatively affected Disney’s image. Says the …

The Walt Disney Company-owned ESPN Network is currently in talks with Apple Inc. to offer subscribers online access to ESPN programming via the Apple TV device. This would enable those who confirm they are paid television subscribers to access the WatchESPN app on Apple TV.
Sean Bratches, ESPN’s vice president of affiliate and advertising sales, says:
We’re a platform-agnostic content company. To the extent that in the future there’s an opportunity with Apple to authenticate through the pay-TV food chain as we’re doing with Microsoft, that’s something that we will participate in.
However, …

After being locked away in The Walt Disney Co. archive for 40 years, a 1928 drawing of Oswald the Lucky Rabbit was showcased at an event for Epic Mickey 2: The Power of Two.
Oswald, who was co-created by Disney as a predecessor to Mickey Mouse, was lost in a 1920′s contract dispute with Universal Studios. Years went by before Disney regained the character, but it wasn’t until 2010 when Oswald made his triumphant return and appeared in the original Epic Mickey.
Many of Disney’s early cartoons were destroyed over the …

Sources have reported that no representative for the estate of the late Steve Jobs will serve on the Walt Disney Company’s board of directors.
Despite the fact that the estate is Disney’s largest shareholder, with 7.7 percent of the company’s common stock, papers filed by Disney last Friday say that no one will be serving on the board on Jobs’ behalf. His widow is not a candidate, nor are any other representatives of the estate. As of this writing, no word has been heard from Disney about this news.
Source

Kellie Rodriguez, who attended a 2011 taping of Disney’s popular sitcom Good Luck Charlie, is suing the Walt Disney Company for the alleged sexual misconduct that took place during the taping.
According to the lawsuit, Rodriguez was subjected to lewd and inappropriate acts at the hands of crowd entertainer Ron Pearson. Rodriguez, along with two other audience members, were chosen by Pearson to participate in a contest that involved a “silly dance” to The Village People tune “YMCA.” However, Rodriguez claims the “silly dance” was anything but silly. In fact, Rodriguez …

The director of animal operations from the Walt Disney Co., Mark Stetter, has just been hired at Colorado State University to be the new dean of the College of Veterinary Medicine and Biomedical Sciences.
Stetter’s credentials are impressive; in total, he has more than 23 years of experience in veterinary medicine.
The university has one of the top-ranked veterinary programs in the nation, and has won numerous accolades for their infectious disease and cancer research as well as other health-related research.
While working for Disney, Stetter helped oversee the care of thousands of …