The Walt Disney Company is to cut 650 jobs worldwide - about 20% of its current work force - as part of just released plans to produce fewer adult-focused films and concentrate instead on family blockbusters.
Disney currently produces 14 to 18 movies a year that are more evenly divided between its family-oriented Disney brand and its mature Touchstone label.
The company said it will produce and distribute about 10 Disney live-action and animated films a year and two to three Touchstone films a year.
The new president of production at Walt Disney Pictures, Oren Aviv, gave a few examples of the type of movie that Disney hopes to focus on.
"They would be 'Pirates [of the Caribbean]', 'Chronicles of Narnia', 'National Treasure', 'The Pacifier' and 'Miracle,' he said.
"If it's a great idea and it's done with quality and care, then it qualifies to be a Disney movie."
'Pirates of the Caribbean: Dead Man's Chest' has become the most popular film of the year so far in North America and has also topped the Ireland and UK box office chart.
