Felix Salten in chief of the "B.Z. am Mittag" and the "Berliner Morgenpost", but relocated to Vienna some months later. He wrote also film scripts and librettos for operettas. In 1927 he became president of the Austrian P.E.N. club as successor of Arthur Schnitzler. His most famous work is "Bambi" (1923). It was translated into English in 1928 and became a Book-of-the-Month Club success. In 1933, he sold the film rights to the American director Sidney Franklin for only $1,000, and Franklin later transferred the rights to the Walt Disney studios, which formed the basis of the 1942 animated classic, "Bambi". Salten
Walt Disney Studios (division) were reassigned to other groups with most transferred to The Walt Disney Studios or CC/ABC. Units returning to the studio were the television production companies, Walt Disney Television, Disney Television Animation, Touchstone Television and Buena Vista Home Entertainment. Buena Vista International - Latin America and two other companies became owners of Patagonik Film Group, an Argentina-based production company, in 1997. In late 1997, Disney bid on CDR's Epic movie library but lost to PolyGram Filmed Entertainment. Disney's Buena Vista Distribution and Cinergi Pictures had a 25-picture distribution deal with Disney taking a 5% stake in Cinergi stock. After nine films