Word: disneyized
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...Johnson, who was always interested in business while he was playing ball. "I don't know everything, but I get caught up on what I don't know." He's got some fancy tutoring too. Among those who help him brush up on balance-sheet analysis is former Walt Disney Co. president Michael Ovitz, a close friend. Adds Lombard: "Earvin is a tremendous businessman. He has the same level of vision that he had on the court and the same control in knowing when to pull the trigger and when...
...president who would not report to Arledge. But when Robert Iger, president of ABC Inc., decided he wanted to make such a change, Arledge fought it, arguing that he was still at the top of his game. By some accounts, Michael Eisner, chairman of ABC's parent Walt Disney Co., intervened on Arledge's behalf (the two worked at ABC at the same time during the 1970s). In the end, Arledge prevailed upon Iger to let him retain at least nominal power for another year, until June 1998--with Westin reporting...
...spokesperson for Iger denied this scenario. Eisner, in an interview with TIME, denied the reports of his involvement, calling them "totally and completely wrong." The Disney chief went on to praise Arledge and to discount any suggestion that ABC News is seriously troubled. "I wish the rest of our company were in as good shape as ABC News," said Eisner. Arledge, meanwhile, insists that no timetable has been set for his retirement. "I have a contract that goes well beyond the year 2000," he says. "Whether I'll be as active two years from...
Receiving a hand stamp from Lamelle Rawlins '99 at the door--reminiscent of trips to Disney World when I was 10, seemed a bit childish and informal--but the half-filled hearts some wore found complements as the evening progressed...
...trouble, they turn to BARBARA WALTERS. A few confessions, some tears to wash away the iniquities, and they're as good as new. But what happens when the mother confessor slips up? In December, Walters did a happy, heartfelt profile on Andrew Lloyd Webber and noted that Disney, which owns ABC, was one of Lloyd Webber's investors. But she neglected to mention that she herself had put $100,000 into Sunset Boulevard. "I should have disclosed the investment," said Walters. "It won't happen again...