Word: disneyisms
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That's a pretty dry way to describe the termination of one of Hollywood's most successful professional marriages, which in the decade since the two men came to Disney pushed company revenues from $1.4 billion to $8.5 billion. And if last week's climactic conversation were dialogue in a Disney script, Katzenberg would tell the writer to punch it up. It went like this...
Hollywood went seismic over the news. The town regards Katzenberg as the most demanding boss and the keenest people pleaser in the business. People wondered why Eisner, if he didn't want Katzenberg to run Disney's business side as Wells had, didn't simply redefine the job and take the younger man on as a junior partner -- instead of what he will surely become, a ferocious competitor...
...think Jeffrey should have been given anything he asked for, based on his mountain of accomplishments at Disney," says Steven Spielberg, who is co- owner with Katzenberg of Dive, the scalding-hot new Century City eatery. ! "But I don't think he's feeling bitter about it. He's looking forward to an exciting future...
...though, the Katzenberg era at Disney -- one of phenomenal growth, an eerie stability and that amazing revival of the precious cartoon heritage -- has ended. Oh well, as the Lion King would say, hakuna matata. Not to worry. Eisner will reinvent his company, and soon, perhaps, Katzenberg will invent his own. For the moment, he's in the hot seat. His former colleague -- and future competitor -- is sitting in the Katzenberg seat...
That's why the Bells have been going Hollywood. Three weeks ago, the Walt Disney Co., whose chairman, Michael Eisner, had until recently seemed to disdain two-way TV, agreed to team up with Ameritech, BellSouth and Southwestern Bell to develop and distribute movies, games and other programs to home viewers. Not to be outdone, Hollywood dealmeister Michael Ovitz, who heads the powerful Creative Artists Agency, has reportedly been meeting with nynex, Bell Atlantic and Pacific Telesis to discuss the creation of a company of their own that would make and distribute films...