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BRIEFCASE DISNEY MAY CLOSE SOME RETAIL STORES.


Byline: - Staff and Wire Services

The Walt Disney Co. is considering closing additional retail stores or selling all or part of them, The Wall Street Journal reported Friday.

The report, citing unidentified sources, gives no timetable for a decision. Disney representatives were not immediately available.

The underperforming Disney Store chain has already shrunk to fewer than 400 in the United States.

Warehouse marks its grand opening

CANOGA PARK - Warehouse Shoe Sale will celebrate the opening of its newest store at Sherman Way and De Soto Avenue at 10 a.m. today.

The store renovated a pawn shop with money from the Community Redevelopment Agency. The 10,000-square-foot building also houses a Ritmo Latino music store.

Top studios file copyright lawsuit

Warner Bros BROS Brothers
BROS Benefits and Retirement Operations Section (King County, Washington)
BROS Barnes and Richmond Operatic Society (London, UK) 
., MGM MGM
 in full Metro-Goldwyn-Mayer, Inc.

U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925.
, Columbia Pictures and Paramount Pictures are among several studios that filed suit Friday against three men who allegedly profited by selling the rights of classic movies to South Korean broadcasters.

Marv & Mark Enterprises, identified as Marvin Goodman, Mark Goodman and Norman Goodman, are making money by licensing rights to movies such as ``Rosemary's Baby,'' ``The Fugitive,'' ``Birdy'' and ``An Officer and a Gentleman,'' notwithstanding their ``utter lack of rights to the motion pictures,'' according to a lawsuit filed in Los Angeles Superior Court.

Other plaintiffs in the copyright infringement, misappropriation misappropriation n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any  and unjust enrichment A general equitable principle that no person should be allowed to profit at another's expense without making restitution for the reasonable value of any property, services, or other benefits that have been unfairly received and retained.  suit include Tristar, 20th Century Fox, Disney Enterprises and Universal City Studios.

The studios are seeking an injunction preventing the defendants from continuing the alleged misdeeds, as well as disgorgement Disgorgement

A repayment of ill-gotten gains that is imposed on wrongdoers by the courts. Funds that were received through illegal or unethical business transactions are disgorged, or paid back, with interest to those affected by the action.
 of profits and unspecified monetary damages.

Bankruptcy still possible for AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12.  

FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities.  - American Airlines may still have to file for bankruptcy protection from its creditors despite winning concessions from its unions and suppliers, the carrier's parent company warned in a government filing.

American parent AMR Corp. may have to file under Chapter 11 of the bankruptcy laws ``because its financial condition will remain weak and its prospects uncertain,'' the company said in the Securities and Exchange Commission filing Thursday.

The world's largest carrier recently dodged bankruptcy by securing a series of cost-cutting measures aimed at netting $4 billion in annual savings.
COPYRIGHT 2003 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:May 17, 2003
Words:349
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