EXHIBIT 99.1


Independent Accountants' Review Report

The Board of Directors
Iwerks Entertainment, Inc.

We have reviewed the accompanying unaudited condensed consolidated balance sheet
of Iwerks Entertainment, Inc. and subsidiaries as of March 31, 1997, and the
related unaudited condensed consolidated statements of operations for the three-
month and nine-month periods ended March, 1997 and 1996, and the unaudited
condensed consolidated statements of cash flows for the nine-month periods ended
March 31, 1997 and 1996.  These financial statements are the responsibility of
the Company's management.

We conducted our reviews in accordance with standards established by the
American Institute of Certified Public Accountants.  A review of interim
financial information consists principally of applying analytical procedures to
financial data, and making inquiries of persons responsible for financial and
accounting matters.  It is substantially less in scope than an audit conducted
in accordance with generally accepted auditing standards, which will be
performed for the full year with the objective of expressing an opinion
regarding the financial statements taken as a whole.  Accordingly, we do not
express such an opinion.

Based on our reviews, we are not aware of any material modifications that should
be made to the accompanying condensed consolidated financial statements referred
to above for them to be in conformity with generally accepted accounting
principles.

We have previously audited, in accordance with generally accepted auditing
standards, the consolidated balance sheet of Iwerks Entertainment, Inc. as of
June 30, 1996, and the related consolidated statements of operations,
stockholders' equity, and cash flows for the year then ended not presented
herein and in our report dated August 2, 1996 we expressed an unqualified
opinion on those consolidated financial statements.  In our opinion, the
information set forth in the accompanying condensed consolidated balance sheet
as of June 30, 1996 is fairly stated, in all material respects, in relation to
the consolidated balance sheet from which it has been derived.


April 28, 1997


                                         /s/ Ernst & Young LLP