Disney Sells Movie Package: Walt Disney Co....

Disney Sells Movie Package: Walt Disney Co. has sold a package of 50 theatrical films to local TV stations for a record $125 million. The films, which include “Who Framed Roger Rabbit,” “Pretty Woman” and “Dick Tracy,” will begin airing on local TV stations in the fall of 1992 after they have finished their pay-TV runs. The deal is unique in that stations are committed to buying all 50 films even though only 17 have been produced so far. “This demonstrates remarkable respect and confidence in our future products,” said Mort Marcus, senior vice president at Disney’s Buena Vista TV division.