Walt Disney Pictures, a division of the Walt Disney Company (NYSE:DIS) , is set to release Oz the Great and Powerful early next month.

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Columnist Army Archerd reports that the "Home Improvement" star has told the president of Walt Disney Pictures that "20 Thousand Leagues Under the Sea" is his favorite film of all time.

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Walt Disney Pictures came to Comic-Con in 2008 with test footage from what was then referred to as "TR2N, " a sequel to the 1982 cult classic "Tron, " one of the first films to use computer-generated imagery.

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The film releases May 3, 2013, and is distributed by Walt Disney Studios Motion Pictures.

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Companies include: The Walt Disney Studios Motion Pictures, DreamWorks Animation (DWA), Sony Pictures Entertainment, Pixar, ESPN, BSkyB, Panasonic, XpanD 3D, Dolby Laboratories, 3ality Technica, Masterimage 3D, RealD, IMAX, StereoD, National Geographic Cinema Ventures, CCTV China, Korea Telecomm, Intel, THX, Microsoft, Technicolor, Samsung, Sony Electronics, MobiTV, BluFocus, Walt Disney Studios, Eutelsat, Turner Broadcasting, Vizio and others.

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Varying by region and distributor, customers will have access to movies from the following studios and independents: 20th Century Fox, Entertainment One (eOne), Lionsgate, MGM, National Film Board of Canada, Paramount Pictures, Sony Pictures Home Entertainment (US), Starz Digital Media, STUDIOCANAL, The Walt Disney Studios, Universal Pictures (UK), Warner Bros.

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Entertainment, Lionsgate, The Walt Disney Company, Universal Pictures and Paramount Pictures to our service.

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The strong sales should benefit Viacom-owned Paramount Pictures, which distributed the film, and Walt Disney, which owns the Iron Man character through its recent acquisition of Marvel Entertainment.

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