Word: disneyized
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After all, doing deals on Wall Street is a far cry from riding Space Mountain in the Magic Kingdom. Yet while the business and operational sides of any company are obviously different, the philosophy that underlies them at the Walt Disney Company is not. Disney's commitment to creativity has not only meant great films and memorable vacations for millions, but also a legacy of financial success...
...Treasury department, Disney's chief financial arm, is charged with the ongoing task of increasing shareholder value by taking an ambitious and innovative approach to finance. This is accomplished through three broad areas of financial management: corporate finance, cash and investment management, and foreign exchange...
This is the new Hollywood gospel, and its prophet is Jeffrey Katzenberg. In January, Katzenberg, who runs Walt Disney's movie operations, wrote a staff memo that was passed around Hollywood more quickly and urgently than a joint at Woodstock. In this back-to-basics plea, he ripped the notions of the bankable star. "If this were true," he asked, alluding to Batman and The Two Jakes, "then how can one explain what happened to 1990's vehicle for 1989's 'most bankable star,' Jack Nicholson?" He apologized for the studio's big- budget Dick Tracy and disclosed that...
...trade is bristling over TV ads for Disney's newly revived One Hundred and One Dalmatians. The 1961 classic portrays the fiendish CRUELLA DE VIL as a Leona Helmsley-esque character obsessed with luxury furs. The ads create "a gruesome picture in ((children's)) minds, making them understandably upset the next time they see their mother put on a fur coat," complains Fur Age Weekly editor Lisa Marcinek. Joining the fray, People for the Ethical Treatment of Animals exhorts parents to expose their children to the film's "playful, yet solid antifur message." And so they are. Dalmatians has pulled...
...what to tell the kids. The radio and TV airwaves were suddenly alive with Pee-wee jokes (His favorite baseball team? The Montreal Expos. His next television project? A remake of Diff'rent Strokes). CBS yanked the five remaining repeat episodes of Pee-wee's Playhouse, and the Disney-MGM Studios pulled a two- minute clip including Pee-wee that was being shown during backstage tours of its theme park in Orlando...