Saturday, June 26, 2004 Disney's Lost Opportunity with Moore Film Seen Minor

Entertainment News Article | "Michael Moore's gain will be Walt Disney Co.'s lost opportunity when anti-Bush film 'Fahrenheit 9/11' opens this weekend, distributed by rivals after Disney shunned the controversial movie.
But many Disney investors said that from a financial perspective they were not concerned by the company's decision.
Showings of the film, which mocks President Bush and criticizes his policy in Iraq, have sold out in New York theaters and the movie is set to open on 868 screens on Friday, a record for a documentary.
Lions Gate Entertainment Corp., which is distributing the movie with IFC Films, saw its stock climb about 3.5 percent on Friday. IFC is co-owned by a division of media major Viacom Inc. . "

By Peter Henderson


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