Feather in Disney's Cap
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The sky wasn't falling at Disney (DIS Quote) Monday after Chicken Little posted a strong opening weekend at the box office.
The tale of the scrawny chicken who thinks the world is coming to an end took in $40 million, according to Boxofficemojo.com. That made it the weekend's top movie and the second-biggest opening in terms of unadjusted grosses for a Disney-made feature, behind The Lion King.
Chicken Little's performance, which came despite lukewarm reviews, may ease concerns on the part of some investors that the Burbank, Calif.-based media giant is too dependent on its partner Pixar (PIXR Quote) for hit animated films. ...
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