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Disney Could Lose Substantial Royalty Revenue Due to Winnie the Pooh Dispute

The New York Post reports that heirs of New York agent Stephen Slesinger are suing The Walt Disney Company, asking to terminate the companies right to use Winnie the Pooh and related characters in its sales and marketing activities. If the law suit were totally successful, some analysts estimate that Disney could lose up to 25 percent of its annual licensing revenues. The article reads, in part, "The attorneys quoted a sales and consumer data tracking company's figures showing that in licensed toy sales, Pooh characters have outsold Mickey, Minnie and friends $316 million to $114 million through November 1999."

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