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Disney produces fabulous movies around certain characters, and then they commercialize that engagement through toys, books, cruises.

The only one that seems to be able to hold the business is Disney. They do it is because they have a fabulous philosophy about marketing- but even they wavered.

In the U.S., it would be so much better if the studios made many more smaller films for niche markets rather than a few tent pole films that swamp cinemas and Hoover up all the funding.

A nice thing about being at Disney is that these movies can develop into a presence in theme parks and become something real, or maybe get a sequel or tell other stories.

Pixar is going in the direction of the early Disney. And it's also corporate, where they have four or five projects in the works. I don't want to get into that subject.

We really believe that Walt Disney is a very able company with great depth and a great set of franchises.

We have a unique opportunity as Disney because it really is the only true global entertainment brand.

I think that might have been an element in it, and people have asked me that very thing. Remember, Disney is the majority shareholder, but it is not an operating division of Disney.

People go to Disney because they know its brand attributes. We believe we have an opportunity to go with our content directly to consumers.

If DreamWorks and Disney need that name to sell the cartoon and get people in the seats, that's what they need. It's not fair, but there's plenty of other work for us to do.