Word: disney
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...when you just want to score five Andrew Jacksons so you can have dinner at that great little place that doesn't take Visa, you could find yourself in a very slow line behind people sending flowers to Mom or arguing over which seats to buy for the next Disney on Ice show...
Along the way, the company was acquired by Disney for $60 million, which gave the Weinsteins the clout (and the wallet) to hustle, bully and outspend the competition. Hit Man Harvey and Backroom Bob became as notorious as any WWF tag-team champions. For Harvey, a fearsome tank of a man with the temper and competitive streak of Bobby Knight, screams, threats and smears were simply standard operating procedure. Miramax executives, says a producer, "are like victims of abuse." Harvey became famous for his office tantrums, along with his combative intrusiveness during contract negotiations and his micromanaging of production...
...post-Enron world understandability of earnings reports is all the rage. Companies like Disney are voluntarily handing their auditing and consulting businesses to different firms, and legislation to clamp down on the accounting business is on the tip of Washington's tongue. The new Wall Street scrutiny just might reinvigorate a market for boring bean counters in green eyeshades - and make it possible for a tightly focused company like the new Andersen to charge a premium for unassailability...
...Jeffrey Godsick, "and that's why you see a willingness in them to go to these movies on their own." Shrek, with its bathroom humor (you don't put Eddie Murphy and Mike Myers in a movie and get a Sunday school lesson) and inside jokes about rival studio Disney, made the genre seem cool to teens. Ice Age, directed by Chris Wedge and produced through Fox's digital arm, Blue Sky, was hyped to all age groups via a marketing campaign that cost about $25 million. Burger King created a new frozen Ice Age drink for the kids...
...arrival of Ice Age coincided last week with Disney's announcement that it would lay off 265 animation employees and retrain some of its artists on computers. This underlined a nagging notion that traditional animation is becoming extinct. More likely, though, we'll be seeing a marriage of the old and the new. DreamWorks co-owner Jeffrey Katzenberg concedes that "if we stayed stuck in the 20th century with the same look and style, it would be rejected--and it has been rejected." But he doesn't blame the audience; he blames Hollywood. Tarzan, he says, referring to Disney...