Word: disneyized
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...price will drop--have been furiously buying back shares in recent months to cut their losses as the stock goes up. But such panicky buying only serves to raise prices higher still. So do hopes that a FORTUNE 500 giant will pour big bucks into an Internet company. Disney did just that last month when it acquired a 43% stake in InfoSeek, the third largest Internet search engine, in a widely watched transaction that valued Infoseek at more than $1 billion...
SEMINAR TOPICS Mornings are for presentations on different companies and panel discussions. This year's presentations are on Nokia, America Online, Loral Space & Communications, Comcast and Disney, NBC, Coca-Cola and Microsoft...
...venture really began two years ago when Weinstein asked permission from his overseers at Disney, which owns Miramax, to fund a new magazine, a longtime goal of his. Weinstein was already a friend and fan of Brown's, and when he read last month that her contract with the New Yorker was due to expire on July 1, he approached her with an offer. More than a year ago, according to Disney chairman and CEO Michael Eisner, he and Brown--they too are good friends--had begun having general discussions about her joining the company in some capacity. The Miramax...
Another approach is Disney's Internet Guide, a preselected list of family-safe websites similar to Yahoo's Yahooligans. Since the pool of acceptable sites is limited, surfing here is a bit like going to the children's library. It also suffers from weird glitches. In testing, every time I typed in a potentially objectionable word, it retrieved a transcript of a (tame) interview between two of my favorite writers, Martin Amis and Will Self. That's a bug I could live with...
...suspects have been indicted and no grand jury impaneled, but ABC is encouraging development of a TV movie based on the JONBENET RAMSEY murder case. Knowledgeable sources say execs at the Disney-owned network have been considering a prime-time docudrama offering a behind-the-scenes portrait of the Ramsey family. "It would look at an American tragedy without getting into significant aspects of the ongoing investigation," remarks a participant. A script should be finished by late July, with the narrative focusing on JonBenet's life rather than the mystery surrounding her death or the subsequent legal wrangles. No other...