Entertainment & Sports
May 24, 2002
Disney Concedes Huge Loss If It Fails in Pooh-Rights Suit
Column by Garry Abrams - After long ducking the issue, the Walt Disney Co. has conceded publicly that it potentially faces a huge financial hit, should it lose a closely watched breach-of-contract lawsuit over the licensing rights and royalties generated by the lucrative Winnie the Pooh characters.
After long ducking the issue, the Walt Disney Co. has conceded publicly that it potentially faces a huge financial hit, should it lose a closely watched breach-of-contract lawsuit over the licensing rights and royalties generated by the lucrative Winnie the Pooh characters.
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