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January-1999

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Response No. 15<br />

PROJECnON<br />

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EQUIPMENT<br />

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incraen, thanks in part to<br />

"Deep Impact* and "The Truman Show.*<br />

MOSTLY MOUSEY<br />

Disney reported net profit down 24 percent<br />

to $296 million for the fourth quarter and<br />

annual profit up 4 percent to $1.9 billio<br />

(with revenue up 6 percent to $23 billion); b<br />

comparison, past-years' profit growth habeen<br />

in the 1 5 percent to 20 percent range.<br />

But the numbers included fast writedowns on<br />

"Holy Man* and "Beloved,* in part explaining<br />

the creative-content division quarterly<br />

numbers of $253 million in operating income<br />

(down 39 percent) on 8 percent higher revenue<br />

($2.9 billion) and annual tallies of $1.4<br />

billion in operating income (off 1 7 percent)<br />

arKi $10.3 billion in revenue (up 2 percent).<br />

»RLS JUST WANTTO HAVE RINDS<br />

^.- a ) Jisparities between Hollywood's<br />

top male and female stars appear to be narrowing,<br />

according to recent reports. Twotime<br />

Oscar winner Jodie Foster is to receive a<br />

reported $1 5 million for her tum in the Deborah<br />

Kerr role of Fox 2000's "Anna and the<br />

Kirtg,' while Julia Roberts (who nabbed more<br />

than $12 million for her career-rescuing tum<br />

in 'My Best Friend's Wedding* last year) was<br />

expected to grab north of $1 7 million opposite<br />

Richard Gere in Lakeshore/Paramount's<br />

upcoming "The Runaway Bride." Although<br />

thc»e numbers are less than the previous-to-<br />

"WaterBoy" per-plcture earnings cap of $20<br />

million enjoyed by the elite men's club that<br />

38 BOXOFFKX

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