Disney Puts End to Partnership With Bruckheimer and 2 Other Dow Movers to Watch
Walt Disney Co. (NYSE:DIS): Current price $64.96
As Disney concentrates on Pixar, Marvel, and Lucasfilm Ltd. projects, the company announced that it will end its movie partnership with Jerry Bruckheimer, who produced Pirates of the Caribbean and The Lone Ranger. The arrangement with Bruckheimer, who is one of the best-known action producers in Hollywood, will not be renewed when it expires next year, Disney said Thursday in a statement. The first four Pirates of the Caribbean films brought in $3.73 billion in the worldwide box office, but Bruckheimer stumbled in July with The Lone Ranger, which could cost $190 million in losses for Disney.