Movie industry finding it hard to adjust to changing taste


LOS ANGELES: Management shake-ups at movie giants Universal and Disney reflect the industry’s difficulty in adjusting to the digital age and failure to halt sliding DVD sales, analysts say.

In the space of a few weeks, Disney has shown the door to its respected and long-serving chairman Dick Cook while Universal wielded the axe on co-chairmen Marc Shmuger and David Linde on Monday.

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