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...trend has metastasized into supposedly more respectable network TV, thanks to the success of Fox's Temptation Island and ABC's one-man-and-a-harem hit The Bachelor. In the innocent days of 2000, NBC decided the dating show Chains of Love was too declasse for a major network. Now it's airing Meet My Folks, a reality rip-off of the movie Meet the Parents in which Mom and Dad grill their children's suitors using a lie detector--and the suitors quiz Mom and Dad about their sex lives. "We just want people to have a good...
...first time in Eisner's reign, nearly every Disney division is sputtering. Ratings at its ABC network are horrible, and the theme park business is suffering from the economic malaise and post 9/11 downturn in travel. Takings at the new California Adventure theme park in Anaheim, one of two new locations, have been disappointing. The film studio is muddling through, and its relationship with Pixar Animation, which produced Toy Story, may be renegotiated on less profitable terms. Such ills have a symptom. Last week, Disney stock hit an eight-year low, closing at $14.65 - down 66 percent from its high...
...Wall Street has doubts. The economy is clearly out of Disney's control, but not ABC, which lost 20 percent of its prime-time audience last season. "ABC is the one area we can turn to and say we have control over our performance, and it's our No. 1 priority," Iger says. The company will improve ratings by focusing more on family-oriented programming, he says. Though the results won't be fully visible until fall, Iger says advertisers have endorsed the strategy by spending $2.1 billion up front for primetime slots, second only...
...Clearly if you have a couple of hit shows your ratings can improve," says Jeffrey Logsdon, analyst at Gerard Klauer Mattison. "But they have talked about how ABC was a priority the last couple of years and it's still not happening." For now, an Eisner toppling seems unlikely. Even the Disney family could be brought back into the Eisner camp quickly if the stock turns up. Disney family members reportedly borrowed against the stock when it was much higher and may face a margin call if it declines further. Fixing that issue would go a long way toward fixing...
Kate L. Rakoczy ’04, a Crimson editor, is sharing an apartment in Washington, D.C. this summer with her college roommate. On the rare occasions when she leaves the apartment, she goes to work as an intern at the ABC News Political Unit. Though she’s considering completing her education on the couch in her living room, if Kate does return to Harvard in the fall, she will be a junior social studies concentrator in Lowell House...