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DISNEY DROPS SUIT AGAINST FOX

 DISNEY DROPS SUIT AGAINST FOX
 BURBANK, Calif., Jan. 29 /PRNewswire/ -- The Walt Disney Company


(NYSE: DIS) today announced that it is dismissing its lawsuit against Fox Broadcasting Company and several related entities. The suit, filed in February 1990, dealt with The Disney Afternoon animated program schedule and the Fox Television Network.
 In announcing the dismissal, Rich Frank, president, The Walt Disney Studios, said, "It is time to put this conflict behind us, and focus on the myriad of good and long-standing relationships that have existed between Fox and Disney, as well as the key officers of the two companies.
 "Both companies are presently successful in children's television and we are confident Disney will continue to have access to the weekday market of children's animation," Frank added.
 In response, Jamie Kellner, president of Fox Broadcasting Company said, "We are very happy at Disney's statesmanlike di?sion to end this litigation. We have always felt that these issues of competition are best worked out in the marketplace. Disney's great expertise and success in animation gives Fox Children's Network much to aspire to."
 Kellner added, "We are hopeful that having put this behind us, the Disney Company and every area of Fox can find all sorts of productive ways to work together in the future."
 -0- 1/29/92
 /CONTACT: Erwin Okun, senior VP of The Walt Disney Co., 818-560-5400/
 (DIS) CO: The Walt Disney Co.; Fox Broadcasting Co. ST: California IN: ENT SU:


KJ -- LA008 -- 4750 01/29/92 12:45 EST
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Date:Jan 29, 1992
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