[ERNST & YOUNG LETTERHEAD] Consent of Independent Auditors We consent to the reference to our firm under the caption "Experts" in the Registration Statement (Form S-3 No. 33-02727) of Iwerks Entertainment, Inc. for the registration of 315,000 shares of its common stock and to the incorporation by reference therein of our report dated August 18, 1995, with respect to the consolidated financial statements and schedule of Iwerks Entertainment, Inc. included in its Annual Report (Form 10-K) for the year ended June 30, 1995, filed with the Securities and Exchange Commission. /s/ Ernst & Young LLP Los Angeles, California May 29, 1996