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I've been critical of Disney (NYSE: DIS) when it comes to some of the Mouse's moves in terms of content development. But, when I see something I approve of, I have no problem highlighting my feelings about it. Today is just such a day.
According to The Hollywood Reporter, Disney does not want to help Walden Media make the next picture in the Chronicles of Narnia franchise. The studio teamed up with the production company on The Chronicles of Narnia: the Lion, the Witch, and the Wardrobe, as well as the second feature, Prince Caspian. Although I'm certain that there will be Caspian DVDs under a lot of Christmas trees this holiday, I, along with everyone else, noticed back in the summer that the film delivered disappointing results at theaters. And then, Disney CEO Bob Iger tried to make excuses about the bad performance (CEOs are always trying to make excuses about one thing or another, it seems). Now, though, Iger is done synthesizing reasons for the failure of Caspian. Instead, he's passing on The Voyage of the Dawn Treader, and I congratulate him on his decision.
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