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Wednesday, 09/21/2011 8:10:32 AM

Wednesday, September 21, 2011 8:10:32 AM

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Disney (Walt) Co (DIS) (32.31 -0.20)
Sept 20 (Reuters) - Walt Disney Co : * Disney, Fox and James Cameron to bring AVATAR to life at Disney parks * Disney plans to build the first avatar themed land at Walt Disney world, within the animal kingdom park * Long-term agreement will bring avatar themed lands to Disney parks, with the first at Walt Disney world in Orlando * Says construction is expected to begin by 2013 * Says agreement gives the company exclusive global theme park rights to the avatar franchise * Agreement provides for additional avatar themed lands at other disney parks ((Bangalore Equities Newsroom; +91 80 4135 5800; within (Thomson Reuters 01:46 PM ET 09/20/2011 More...)
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Disney (Walt) Co (DIS) (32.31 -0.20)
Sept 20 (Reuters) - Moviegoers pining for a return to the lush moon of Pandora in James Cameron's "Avatar" will finally get their chance -- first-hand. Walt Disney Co , teaming with the Oscar-winning director and News Corp unit Fox Filmed Entertainment, will begin building from 2013 a section at its Orlando theme park that will mimic the thriving green landscape depicted in the highest-grossing movie of all time. Under their agreement, Disney -- which typically sticks to its own franchises and properties in designing rides -- won exclusive global theme park rights to the Avatar franchise. It will eventually take Avatar "lands" beyond Orlando's Disney World. "Our goal is to go beyond current boundaries of technical innovation and experiential storytelling, and give park-goers the chance to see, hear, and touch the world of 'Avatar' with an unprecedented sense of reality," Cameron said in a statement. "Avatar," which chronicled the (Thomson Reuters 04:10 PM ET 09/20/2011 More...)
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Disney (Walt) Co (DIS) (32.31 -0.20)
Sept 20 (Reuters) - Rupert Murdoch's News Corp bought back more than $1 billion of its shares in the last month, according to a filing, as it seeks to improve relations with shareholders frustrated by what they say is the media company's unpredictable capital allocation strategy. Filings show News Corp, which owns Fox TV, Twentieth Century Fox studios, The Wall Street Journal and The Sun in the United Kingdom, bought back more than 65.6 million Class A shares at between $15.64 and $17.34 in the period from Aug. 15 to Sept. 18. News Corp shares have risen about 10 percent since July 12, when it announced it would buy back $5 billion in stock over 12 months. Murdoch's decision to pursue the aggressive buyback strategy was confirmed a day before the company announced it would drop its controversial bid to take full control of UK satellite TV operator BSkyB in the wake of a phone tapping scandal at its UK newspaper unit. News Corp shares typically (Thomson Reuters 04:50 PM ET 09/20/2011 More...)
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