Anne Thompson at Daily Variety reports on a script of interest to those of us who are into Disney history… There’s a hot script making the rounds of the Hollywood studios. According to the cover page, "Two Blind Mice" is "based on the true story of Michael Eisner & Mike Ovitz and their time at… Read More »Screenplay Resurfacing About Ovitz vs. Eisner
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
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 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