Word: disneyized
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...long ago, humor writer Dave Barry lamented that he and his wife had spent "two-thirds" of their disposable income taking their son to see Mickey Mouse and Donald Duck. "If we weren't actually in Disney World, we were standing outside the fence," he said. "If the lines were too long, we just threw money over...
That's the cartoon version that Disney's corporate choreographers might have invented for their CEO, who until recently seemed as invulnerable as Simba the Lion King. But since this was life, Disney's public relations team last week was limited to the semi-astonishing: within 48 hours after doctors sewed four arterial loops to the side of his heart, the head of one of the world's largest entertainment companies was taking a short walk, meeting with at least one member of his board, and spending several hours dictating orders for senior staff members from his hospital...
Even that impressive plot line, however, was not enough to quell the concerns raised by Eisner's brush with mortality two weeks ago, when he was rushed to surgery after a weekend with other media moguls in Idaho's Sun Valley. The unexpected illness of Disney's chairman unleashed a flood of speculation about the future of a company that only four months ago lost its second-in-command, Frank Wells, to a helicopter crash in Nevada. Last week there was some evidence that Disney executives may finally be coming to grips with the succession problem: a Disney board member...
...fretting was more urgent than it might have been because the recent management of Disney had been largely a Wells-Eisner fandango. Beginning in 1984, the pair had led Disney through a recovery that increased annual revenue more than $7 billion in 10 years. Wells was the detail-oriented negotiator who framed the deals for Disney's acquisitions and tended to the nuts and bolts of the business. Eisner was the company's intellectual incubator, dreaming up new projects, overseeing theme-park expansion and, in his own words, acting as the company's main "cheerleader." So close were...
...Robertses' bid not only reaffirmed Diller's status as a mogul manque, but it left CBS on the block for a takeover attempt by anyone from the Walt Disney Co. to cable-TV magnate Ted Turner. By agreeing last month to join forces with QVC, Tisch, 71, had shown himself willing to cash in half of his 20% stake in the network and to hand the titles of president and chief executive officer to Diller. Now, with the QVC deal gone aglimmering, CBS had what amounted to a COMPANY FOR SALE sign on its black granite headquarters in New York...