Word: bonus
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...midget," Jeffrey Katzenberg--Eisner's one-time protege at Walt Disney Co.--stared icily at his former boss. It was the moment Hollywood had been waiting for since Katzenberg sued Disney three years ago, claiming Mouseco had ripped him off to the tune of some $250 million in bonus money...
Disney, which paid Katzenberg $100 million in salary, stock options and bonuses over a decade at the company, has already conceded much of the case. In a November 1997 agreement that is still partly secret, the company admitted it owed Katzenberg more bonus money, with the figure to be decided by a private judge. Sources tell TIME that Disney subsequently cut two checks totaling $117 million. Katzenberg, however, is still pushing for upwards of $200 million more on everything from Disney's online business to T shirts, saying it is "an annuity for my children." His lawyers almost danced with...
Eisner testified that he considered Katzenberg "greedy" and the 2% contractual bonus "overgenerous." Yet the $7.5 million final package he gave Katzenberg included a $400,000 discretionary bonus to prove hard feelings were forgotten. Said Eisner, shrugging: "It's like the dentist. You forget the pain...
...burns with her steely blue eyes (which tend to match her outfits) and pursed lips. Witherspoon wants Tracy to be a walking display of pyrotechnics--a winner at all costs. Broderick, as her nemesis, plays the hapless fool even better than he normal does. (Besides, we give him serious bonus points for having to walk around half the film with a bee-stung, infected eyelid...
MATT MOSELY Telegenic fire fighter performs daring rescue, urges bonus for his union. Buy this...