Word: disneyized
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...they sat together at an opulent wedding reception that financier Marvin Davis was throwing for his daughter at his Beverly Hills home on Dec. 7, Michael Eisner and Michael Ovitz, the ranking executives at the Walt Disney Co., apparently came to the conclusion that their own corporate union must be dissolved...
Just a week later, one of the more stunning reversals of fortune (even for Hollywood) was announced, following a frenzy of speculation that transfixed both coasts. Ovitz, the former superagent once routinely described as "the most powerful man in Hollywood," was out as president of Disney after a brief and unhappy 14 months. And he wasn't departing to take over Sony's troubled entertainment empire, as had been rumored. Simply put, he was out of a job. "There are even people who don't like him who feel sorry for him," said one of his bitter enemies, who added...
...press release Ovitz acknowledged, "It is important to recognize when something is not working." For Disney, his exit comes at a perfect time: despite troubles at recently acquired ABC, its theme parks are booming and the studio is enjoying a bumper crop of holiday hits, including Ransom and 101 Dalmatians. Analysts were unperturbed. "This is as good a time as any to have this kind of change in top management," said Harold Vogel of Cowen...
Ovitz won't walk away empty-handed. His severance package could reach $90 million if he gets to exercise all the stock options in his contract. Disney sources discounted that figure, implying that the exit deal was cut closer to $30 million...
...acquisition of Columbia Pictures in 1989 and shepherded Matsushita into its purchase of MCA the following year--deals that soured for the buyers. In 1994 he engaged in highly publicized negotiations to take the top job at MCA. Once those talks collapsed, returning to CAA became impossible, and Disney opened the door...