If you thought Disney War was light reading, then you’ll be happy to dive into the Conglomerate Blog Forum on the Ovitz/Disney Shareholder case. The general concensus seems to be that corporations and their boards have wide leeway to pretty much do as they like as long as they’re following the rules that they themselves… Read More »Ovitz Case: Minutia
The verdict in the shareholder lawsuit over the $140 million severance package given to Michael Ovitz is in. The Board of Directors, Michael Eisner, and Ovitz are absolved of responsibility as they followed proper procedures. Herre’s a story on Bloomberg.com. More later, I’m sure. Update: Forbes has a rather complete story already up. Doing your… Read More »Breaking: Ovitz, Disney Board free to go
A verdict in the shareholder lawsuit against the Walt Disney Company, its board of directors, and Michael Ovitz (ex-uber agent and ignored visionairy) is expected tomorrow. In an earlier post it was hypothisized that the shareholders would lose due to Delaware’s lax laws of corporate governence. According to a story at CBS Marketwatch: Law professors… Read More »Decision in Ovitz case expected tomorrow
Peter Jennings, ABC News Anchor, Chief Editor, and a great American, has died from Lung Cancer at age 67. For nearly all of my aware life since middle school Jennings has been my anchor of record on television. For me there was a direct line… Read More »Peter Jennings, ABC News Anchor, Dies at 67
For Mr. Katzenberg, who had top movie jobs at Paramount Pictures and the Walt Disney Company before co-founding DreamWorks SKG in 1994, it seemed natural that he would become the chief executive of his own company one day. But what has caught many investors by surprise is the number of blunders DreamWorks Animation has made… Read More »DreamWorks Struggles with Sparky in Charge
Roy Disney has announced that SaveDisney.com, the website from which he led his charge to oust Eisner, will be shuttered as of August 7th. That’s a shame because there is plenty good reporting there. Many articles express the hopes and dreams of so many cast members, artists, fans, and scholars for the Walt Disney Company’s… Read More »SaveDisney.com to close August 7th
CartoonBrew reports that Longtime Disney Animator Floyd Norman has released another of his sketchbooks. This one has an edge however. "How The Grinch Stole Disney" pokes fun at Eisner and the anti-animation policies that have infested the mouse house recently. Which brings up the question — Does anyone really think things will change at Feature… Read More »How The Grinch Stole Disney
Larry E. Ribstein, who plays a law professor in real life, breaks down the Ovitz shareholder lawsuit and posts what he sees as the likely result and why it is such an important case in corporate law. First, … this case straddles several recent eras of corporate history. It has moved from the pre-Enron era,… Read More »Ovitz Case… prognosticating the results