Word: eisner
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...consumer company that fusses over its "guests," Walt Disney Co. can treat its shareholders as if they'd been caught littering the Magic Kingdom. Its CEO, Michael Eisner, already a model for runaway executive pay, made investors livid last year by running up a $100 million tab in hiring and firing Michael Ovitz. More recently the stock has lagged the market, dogged by boycotts by religious groups protesting everything from racy movies to personnel policies and, potentially far worse for shareholders, by concerns that the formula for the Mouse's wholesome animated films has grown stale. Never mind that Disney...
What provokes more conspiracy theories than a Mel Gibson summer movie? Last week's announcement that publication of Disney chairman MICHAEL EISNER's autobiography is being postponed "indefinitely" by Random House. The book's planned October release just happens to be a month before the trial date set for former Disney movie chief JEFFREY KATZENBERG's lawsuit against Disney. Katzenberg's attorney won a discovery motion to get all transcripts, notes and computer disks used for Eisner's book that pertain to his client, but so far those materials have not turned up. A Disney spokesperson denies any link between...
Jobs is working hard to make Pixar a brand name as powerful as Disney's. Michael Eisner, head of Disney, says he doesn't even think of the two companies as separate anymore. "We are joined at the hip, at the computer and at the soul," he told TIME. "Pixar's success is not a fluke. One thing I always think is essential is enthusiasm, and Steve Jobs is massively enthusiastic. Jobs' bravado is his charm. He's a serious businessman, but he's out there with his charisma. It's fun to be with...
...built some prototype puppets out of cardboard, showed them to Disney executives--including chairman Michael Eisner--and got the job. She not only directs the show but has also designed the costumes and (with Michael Curry) the masks and puppets. The Disney folks scoff at the notion that she was a risky choice. "I don't think the Julie part is the risk," says Peter Schneider, president of Disney animation and theatrical productions. "Putting The Lion King onstage is the risk." Schneider and Schumacher have both been looking over Taymor's shoulder in Minneapolis, watching rehearsals and consulting with...
Taymor and the Disney executives admit that tensions were high before the first preview, which was attended by Eisner, on July 8, but they were greatly relieved when the show came off without a major hitch and drew an enthusiastic response from the audience. Theatergoers continue to burst into applause at least half a dozen times each night when they first glimpse Taymor's startling designs. Indeed, though the show has a way to go before it is ready for Broadway (some pruning of its 2-hr. 45-min. length would help), it is an ingenious and sometimes thrilling piece...