Disney to slash Miramax Films staff to 20, reduce releases to 3 a year
October 3, 2009Walt Disney Co., looking to rein in costs at its Hollywood studio as it focuses on mainstream movies, is slashing staff by 70% at its Miramax Films specialty label and is substantially reducing the number of pictures it releases. The retrenchment, which has been foreshadowed in Disney Chief Executive Robert Iger’s strategy to emphasize family [...]