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Disney to axe Sydney studio

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  • Disney to axe Sydney studio

    Link:

    http://www.smh.com.au/news/film/that...?oneclick=true

    Australia's film industry has been dealt a blow with the decision by US entertainment giant Walt Disney Co to close its animation production studio in Sydney.

    The closure of DisneyToon Studios Australia (DTSA) in mid-2006 will cost about 250 jobs, the company said.

    "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 today.

    "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."

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