Disney brings new channel to Africa

FILE - Disney corporate headquarters in Burbank, Calif., is seen in this Feb. 6, 2006 file photo. The New York Times and Los Angeles times report that Disney signed an agreement to sell Miramax Films for about $660 million late Thursday July 29, 2010with Filmyard Holding. The investor group is led by construction magnate Ronald Tutor (AP Photo/Reed Saxon, File)

May 12, 2011 9:29:04 AM PDT
Disney sees opportunity in Africa as the continent's middle class and its leisure and retail infrastructure grow, the giant entertainment company said Thursday.