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Falling visitor numbers prompt Euro Disney bail-out

Euro Disney, in Paris, has struggled in the economic downturn. Credit: Ian West/PA Wire.

Euro Disney has agreed a one billion euro bail-out deal as it struggles to recover following the economic downturn.

The Paris themepark, which is 40% owned by the Walt Disney Company, has seen visitor numbers drop by 700,000 to 14.9 million.

Its parent company is set to inject one billion euros into the business as part of a deal which include eliminating 600 million euros in debt.

Euro Disney opened in 1992 and has since welcomed more than 275 million visitors.


$20m settlement with Disney, Lucasfilm and Pixar

A US judge has granted final approval to a $20 million settlement involving Intuit and Walt Disney Co's Lucasfilm and Pixar units in a widely watched lawsuit over hiring in Silicon Valley.

The settlement involved Walt Disney Co's Lucasfilm and Pixar. Credit: Bay Area News Group/ABACA/Press Association Images

The ruling came from US District Judge Lucy Koh in San Jose, California. Four other companies, including Apple and Google, agreed to pay a combined $324 million to resolve similar allegations of hiring collusion. Koh has not yet ruled on that larger settlement.

Disney to shoot a live action film in Britain

Disney, the studio behind animated hits Frozen and the Lion King, will film its first ever British live action film called "Evermoor" in the UK.

No word on who will star in Evermoor, but Walt Disney said this was their "most ambitious project yet". Credit: Reuters

The mystery adventure will follow American teenager Tara Bailey as she moves to a beautiful but isolated village on the edge of eerie moors in the middle England.

The four-part film is the first ever live action film Disney have shot in Britain and begins with Tara and her siblings trying to adjust to their new home.

But they are soon faced with danger and have to unite to save their new home and family's start in England.

The film is set to be aired in 160 countries across the world from autumn this year.

Twitter co-founder nominated for Disney board

Jack Dorsey sent the first ever tweet and founded a billion dollar electronic payments firm. Credit: ABACAUSA.COM

Twitter co-founder Jack Dorsey has been nominated for a position on the board of the Walt Disney company, the firm announced.

Dorsey, who is also CEO of fast-growing payments start-up Square, will be by far the media conglomerate's youngest board member if elected at Disney's annual meeting on March 18th.

The 36-year-old, who sent the company's first tweet in 2006 - "just setting up my twttr" - spent the past few years moulding San Francisco-based Square into a billion-dollar payments company.

In November, Twitter's initial public offering valued Dorsey's 4.9% percent stake in the messaging service at about $1 billion (£0.61bn).


Manager confirms ex-Disney star committed suicide

Lee Thompson Young's manager has confirmed that the actor took his own life in a statement obtained by NBC News.

It is with great sadness that I announce that Lee Thompson Young tragically took his own life this morning.

Lee was more than just a brilliant young actor, he was a wonderful and gentle soul who will truly be missed. We ask that you please respect the privacy of his family and friends at this very difficult time.

– Jonathan Baruch

If you are in distress and need some support, the Samaritans are available 24 hours a day on 08457 90 90 90 or click here for their website. For those in the Republic of Ireland 1850 60 90 90.

Former Disney star Lee Thompson Young dead at 29

Former Disney star Lee Thompson Young, best known for his lead role in the 1990s series The Famous Jett Jackson, has died in Los Angeles, a police spokeswoman said, he was 29.

Lee Thompson Young pictured in 2009 has died aged 29. Credit: LuMar Jr/AFF/EMPICS Entertainment

Young was found dead by police at his home in the North Hollywood area of the city early on Monday, after colleagues on the TNT cable drama series Rizzoli & Isles called authorities to say he had not turn up for work, Sergeant Jerretta Sandoz said.

The actor most recently starred as Detective Barry Frost on Rizzoli & Isles.

Disneyland employee charged after explosion

File photo: The Castle at Disneyland Credit: Christian Ender/DPA/Press Association Images

A Disneyland employee has been charged with possessing a destructive device, two days after a small explosion in a rubbish bin prompted the evacuation of the Mickey's Toontown section of the Walt Disney Co California theme park, prosecutors said.

Christian Barnes, 22, faces up to six years in prison if he is convicted.

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