13 September 2012 12:56 PM, PDT | The Wrap | See recent The Wrap news »

Disney will take a $50 million write-down this fiscal quarter due to a halted stop-motion film, Disney CFO Jay Rasulo said on Thursday. Disney is typically tight-lipped about its business, but Rasulo revealed a couple of intriguing tidbits to the Bank of America/Merrill Lynch Media, Communications and Entertainment Conference in Beverly Hills. The first was the write-down, which stems from Henry Selick's latest film. Selick, best-known for directing "Coraline" and  "The Nightmare Before Christmas," had been at work on a stop-motion animated film set for a fall 2013 release. New studio chief Alan »


- Lucas Shaw

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