During cross-examination, this prominent business executive [ Eisner ] admitted without embarrassment or remorse that he repeatedly lied publicly and privately to conceal a monumental business error and an irreparable rift between Disney and its newly-hired-but-in-the-process-of-being-fired president Michael Ovitz – a termination that cost Disney $140 million. Michael Josephson, who you’ve probably heard on the… Read More »Eisner Ethics? Oxymoron?
The NFL has arrived at a giant of a deal for the next 5 years of TV rights for NFL football. This deal is bigger than the MLB, NBA, and NASCAR combined. One little problem, ABC and ESPN have yet to deal with the NFL. The Sunday night and Monday night deal has been sweetened… Read More »NFL Broadcast Deal, Where’s ABC/ESPN?
I do pray that Light will shine down and remove the Darkness that consumed Walt Disney’s Magic Kingdom. This nightmare has all but destroyed the dream for everyone concerned. Though it’s mighty hard to play “The Glad Game” at The Studio these days, I remain an optimist like Pollyanna — and believe that “truth will… Read More »Disney Animation Dream
Yahoo! Inc. Chief Executive Officer Terry Semel has said ‘no way’ to running the Disney Company going forward. Semel ran Warner Bros. in the 90s and has been talked about as a likely successor for Michael Eisner. Sherry Lansing, current chair of Viacom’s Paramount Pictures and old buddy of Michael Eisner, has just announced her… Read More »Will the Next CEO please stand up.
[Ovitz] said he wasn’t allowed to pursue deals that would have expanded Disney’s music or books businesses or attract top creative talent to the company. He [Eisner] even nixed deals to buy a stake in the Yahoo Inc. Web portal and settle a dispute with Jeffrey Katzenberg, who went on to found Dreamworks SKG after… Read More »Ovitz: Eisner is the real bad guy here.
The stockholder lawsuit against Disney regarding Michael Ovitz’s huge severance package moves closer to its opening date. The suit threatens to expose much of Eisner’s inner workings and bad business decisions he made at the time. But beyond that, it could open the door for future suits against Disney and other large companies whose executive… Read More »Ovitz suit may have reaching impact
The on again off again relationship of Pixar and Disney has had more twists and turns than a theme park roller coaster. For now it appears to be back on track with the departure of Eisner next year. This does not bode well for Bob Iger’s chances at succession as Pixar likely would not sign… Read More »Disney and Pixar Sitting in a Tree
Michael Eisner wants to leave the Disney Company on sound financial footing. “It’s in my interest that when I leave, the company is in good enough shape that it will take a decade to screw it up,” Eisner said. Of course, that is exactly what most Disney fans think Eisner’s been doing the past decade… Read More »Eisner decides now is the time to make money