Word: disneyized
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After these experiences, Grant, now 38, appears to be older, wiser and more rueful--but only in an utterly boyish kind of way. Of Divine Brown--and the headlines like CAN HOLLYWOOD EVER FORGIVE HUGH?--Grant says, "The day after all that happened, the head of Disney was calling me up to beg me to be in 101 Dalmatians. Hollywood never had a problem with it." Newell agrees: "People loved him, they forgave him. Once you've got that relationship with the [audience], they're going to come...
...JEFFREY KATZENBERG, former Disney filmmaking big cheese; his ongoing lawsuit against Walt Disney Co.; in Los Angeles. A judge ruled that Katzenberg is owed a slice of the profits, plus interest, from films and related products he oversaw as Disney's studio chief from 1984 to 1994. The trial resumes this week to determine Katzenberg's compensation, which could hit the quarter-billion-dollar mark...
...industry analysts are issuing dire warnings: "Orlando is now a zero-sum game," says Curt Alexander, an analyst with Media Group Research. "There will be bloodletting of biblical proportions." The theme-park glut promises bargains for consumers but a brutal shakeout that could pound the earnings of park owners Disney, Seagram (Universal) and Anheuser-Busch (Busch Gardens, Sea World...
...Disney alone has built at least one park every decade since the Magic Kingdom appeared in 1971. Last year the company not only opened the gates to Animal Kingdom (reported cost: $800 million) but also launched the Disney Magic ($350 million), its first cruise ship in Florida. A second ship, the Disney Wonder, is on its way. Analysts see so little economic rationale for these expenditures that they've begun to label the ships "Tragic" and "Blunder." Disney's stock price has been taking on water. Yet the company still has enough land in central Florida to add three more...
Determined to loosen Disney's choke hold on area tourism, Seagram's Universal division bought an additional 1,900 acres in the area late last year. That's enough for two more parks. Anheuser-Busch's Sea World, the third big player in central Florida, is adding a splashy new park in which visitors will be able to swim with the residents. That interactive attraction is scheduled to open next year...