EXHIBIT 23.1

                        CONSENT OF INDEPENDENT AUDITORS


We consent to the incorporation by reference in the Registration Statement (Form
S-8 No. 33-77816) pertaining to the Employees' incentive stock options and other
stock option and warrant agreements of Iwerks Entertainment, Inc. of our report 
dated August 2, 1996, with respect to the consolidated financial statements and 
schedule of Iwerks Entertainment, Inc. included in the Annual Report (Form 10-K)
for the year ended June 30, 1996.

Los Angeles, California                   /s/ Ernst & Young LLP
August 29, 1996