Word: disneyized
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...runs on his delightful spirit--and runs right past an adult's expectations for animation. We usually hope not to get too restless as we indulge the kids in their cinematic treats. But this pretty, fractured fairy tale offers us real wit--including some nice, satirical hits on the Disney tradition--while still giving the wee ones plenty of broad, silly...
...other words, we have a new (and French) vertically integrated media behemoth. The small group of big companies - AOL Time Warner, Disney, Fox - fighting not only to produce but deliver their sports, music, movies, TV shows and "interactive programming" to the U.S. couch potatoes that love them has a new member. Just a year after swallowing Universal Studios (and its theme parks), the former French water utility now figures it's ready to, in the words of former Fox TV creator Diller, "compete in the first tier of entertainment...
That dual appeal is a sign of a welcome change in animation. Cartoons have bridged kids' and adult entertainment since the heyday of Walt Disney and Chuck Jones, but the field went through a long creative slump in the '70s and '80s, as programmers churned out Saturday-morning knock-offs made mainly to shill toys (My Little Pony) or repurpose sitcom characters (The Fonz and the Happy Days Gang). Today cartoons have undergone a renaissance, as kids' channels such as Nickelodeon and Cartoon Network have given their animators the freedom of auteurs. Smarter and more idiosyncratic, these animators have created...
...billion company that beams its signal in eight languages to 53 countries ("I don't think TV gets harder than STAR," says chief programmer Steve Askew). Yet Rupert Murdoch chose his youngest son as his lieutenant in Asia, just as giants such as AOL Time Warner, Sony and Disney came rushing in. This office?sensible, austere, pragmatic?speaks not of transformation, but of evolution: from Harvard dropout to committed corporate man, from (sort of) outsider...
...empire. A Saudi royal and the world's sixth wealthiest individual, al-Waleed, 46, is a global investor whose moves are followed closely by CEOs and money managers. His interests range from his own construction, hotel and oil firms to the stocks of troubled brand-name firms, including Compaq, Disney and Kodak. The prince, who follows the markets by satellite from his yacht, scored his first big win in 1991: $790 million of depressed Citicorp stock that has grown to an $8 billion stake in what is now Citigroup. And he's looking for similar opportunities in today's market...