Printer Friendly

COURT AFFIRMS DISNEY'S EXCLUSIVE RIGHTS TO MGM NAME ON MOVIE-BASED THEME PARKS

 COURT AFFIRMS DISNEY'S EXCLUSIVE RIGHTS
 TO MGM NAME ON MOVIE-BASED THEME PARKS
 BURBANK, Calif., Oct. 23 /PRNewswire/ -- The Walt Disney Co. (NYSE: DIS) has announced that, in a decision issued today, the Superior Court of the State of California has confirmed the company's exclusive worldwide right to use the MGM name on movie-based theme parks.
 Disney Chairman and Chief Executive Officer Michael D. Eisner hailed the decision in a statement issued following the court's decision:
 "The entire Walt Disney Co. is delighted that our position in regard to the MGM name dispute has been confirmed and that our exclusive worldwide rights to the use of the MGM name in connection with movie theme parks will continue.
 "The court's decision effectively means that MGM Grand Hotel may not use the MGM name on any park similar to ... or resembling ... the Disney-MGM Studios Theme Park, Florida, and a similar Disney-MGM Theme Park-Europe now being developed," Eisner said.
 "We hope this favorable ruling will bring to an end almost five years of dispute. We will closely monitor MGM Grand's representations that its Las Vegas amusement park will in no way resemble a movie-based theme park," he concluded.
 -0- 10/23/92
 /CONTACT: Sandy Litvack, 818-560-7707, or Tom Deegan, 818-560-1572, both of Walt Disney Co./
 (DIS) CO: Walt Disney Co.; MGM Grand Hotel ST: California IN: ENT LEI SU:


JB-JL -- LA024 -- 4264 10/23/92 15:05 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 23, 1992
Words:234
Previous Article:EPA SETTLES WITH HENRY LINK, INC., LEXINGTON, N.C., FOR VIOLATIONS OF THE CLEAN AIR ACT
Next Article:PENNSYLVANIA LIQUOR CONTROL BOARD CHAIRMAN RECOGNIZED
Topics:


Related Articles
BOZO BACK BY POPULAR DEMAND TO TAPE SHOWS AT WALT DISNEY WORLD
MISS AMERICA COMES HOME TO DISNEY-MGM STUDIOS THEME PARK OCT. 16-17
A PERFECT 10: JOAN LUNDEN RETURNS TO HOST DISNEY CHRISTMAS PARADE
MARY TYLER MOORE TO ANNOUNCE NAMES OF NEXT SEVEN TV ACADEMY HALL OF FAME INDUCTEES ON MAY 6 FROM DISNEY-MGM STUDIOS THEME PARK IN ORLANDO
DISNEY NAMES SUCCESSORS TO KEY THEME PARK, SALES POSITIONS
FROM SUPREME COURT TO WALT DISNEY WORLD RESORT: ARKANSAS LIGHT DISPLAY FINDS HOLIDAY HOME AT WALT DISNEY WORLD RESORT
Bankruptcy files shed light on Osborne: deal being considered to move lights to Disney's MGM Studios in Florida.
AFI and Disney Open Nation's First Major Showcase to America's Film Past and Future

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters