The magic deserts Fox Walden: One of the biggest buzzwords
of the past decades has been "family film." Theater chains love them because
they tend to attract kids that mean more concessions, which equals more profit.
And studios see them as pictures that have the potential for
... morebreakout and
long-term play on DVD and cable. So, when 20th Century Fox teamed up with Walden
Media, the Phil Anschutz-backed production company that had wild success teaming
with Disney on "The Chronicles of Narnia: The Lion, the Witch and The Wardrobe"
and "Bridge to Terabithia," most observers saw huge promise. Well,
less than two years after creating Fox Walden, both parties agreed to shutter it
after heavy losses for disappointments such as "The Seeker," "Nim's Island" and "City of Ember." 'Nuff said. (Fox
Walden)Close
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