Disney to Slash 450 Jobs in Animator Shutdown

TheStreet: Disney is shuttering Blue Sky Studios, the animation studio it acquired as part of its purchase of the majority of Fox’s assets two years ago. Disney’s decision, unveiled on Tuesday, will eliminate about 450 jobs. Blue Sky Studios, which Fox bought in 1999 following the success of Disney’s Pixar studio, is best known for the animated films “Ice Age” and “Rio.”