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Undercuts Xbox's Price
Nintendo is also trying to gain market share by keeping a number of its strongest titles exclusive to the GameCube. These are mostly titles related to Pokemon and Super Mario Bros. In a press release, Nintendo tried to push its position:
"At the heart of the Nintendo difference, we have the best development team lead by Mr. Miyamoto and an unrivaled number of superior partner companies around the world whose game designers and engineers are working exclusively for Nintendo," says Peter Main, executive vice president, sales and marketing, Nintendo of America Inc. "Together, we will deliver on our promise -- a dedication to innovation, the highest in game quality, and our heritage of creating the most loved franchise characters in the universe."
Nintendo needs all
the advantages it can get as analysts say that the Xbox is a stronger
console that is backed by Microsoft, which is pumping hundreds of millions
of dollars into the launch in order to gain a strong market share of the
Kids Goes Up Against Osmosis Jones in August!
This news does not bode well for Osmosis Jones, which is having trouble finding an audience. Osmosis Jones was originally rated PG-13 then later edited down to PG. The release date has already been changed twice. Originally, it was to be released on July 27, then it was moved to August 3, then finally August 10. The last date will put it up against Spy Kids: Special Edition, American Pie 2, and The Curse of the Jade Scorpion. In addition, it will be competing against holdovers from the previous weekend including Rush Hour 2 and The Princess Diaries.
Just Life, Isn't It?"
When asked about the salary cuts and changes in the animation division, the head of Walt Disney Studios, Peter Schneider, said, "I'm not saying it's pleasant or easy, but that's what's happening. That's just life, isn't it?"
The animation cuts
will greatly reduce the cost of future Disney animated films. Recently
Disney films, including Atlantis, have cost over $100 million to
make. Under the new structure the costs should drop to the $70 - $80 million
range, leaving room for greater profits.
News Link of the
Day - Ogre Easy
"The title character Shrek is a surly green ogre who may be just mean enough to knock Disney off its pedestal as the unquestioned king of animation.
When the analysts
get done picking over the box office data for DreamWorks' "Shrek"
and Disney's Atlantis: The Lost Empire (due June 15), "Shrek"
is almost certain to be judged the bigger hit. (I've seen both, and Shrek
is the more commercial picture)
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