Hollywood

Disney: Movie Biz in Danger

Walt Disney chief Bob Iger told the Financial Times Monday that the film business is "changing right before our eyes," forcing Hollywood executives to drastically shift their way of operating. “The business model that underpins the movie business is changing,” Iger told the Financial Times “If we don’t adapt to the change there won’t be a business—that’s my exhortation to my team.” Chief among Iger's concerns is the fact that DVD sales are sliding and revenues from digital platforms have yet to fill in their place.