Disney Reorganizes Home Video And DVD Operations

Disneyís home video unit has reportedly been a sluggish performer in recent years. The company has cited weak home video sales as one major reason its profit fell 30 percent in its most recent fiscal quarter. To combat declining revenues, Disney has announced that it is reorganizing it home video and DVD unit under veteran film executive Richard Cook as part of a larger effort to combine operations to cut overhead in its film group. Cook, whose title is Chairman of the Walt Disney Motion Pictures Group, will be given the additional responsibility for Buena Vista Home Entertainment.