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...Despite a building boom in the rest of the Times Square area, 42nd Street's caretakers were having a hard time interesting new tenants because a figurative stench still lingered. Of the few serious inquiries about the old theaters, one came from a mud-wrestling entrepreneur, another from Michael Eisner. Disney's chairman became interested in owning a theater in New York because the company's theatrical version of Beauty and the Beast was imminent on Broadway. As it happens, the architect Robert A.M. Stern, who had devised post-Johnson-Burgee guidelines for 42nd Street, is a member of Disney...

Author: /time Magazine | Title: MIRACLE ON 42ND ST. | 4/7/1997 | See Source »

...position of chairman and to appoint a new 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...

Author: /time Magazine | Title: PRESS: ABC YA, ROONE | 3/17/1997 | See Source »

...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...

Author: /time Magazine | Title: PRESS: ABC YA, ROONE | 3/17/1997 | See Source »

...rich uncle. Basically, they're our bank. You can say Disney or you can say Chase Manhattan." Miramax has the freedom to run its business so long as it works within budget guidelines and doesn't buy movies rated NC-17. "A hundred-percent freedom," says Disney CEO Michael Eisner. "They're completely autonomous. And they should be. They keep their costs down and their ideas up. They look rough-and-tumble, but I always knew they were secret intellectuals and closet film experts. They run the business very well." Eisner has reason to be pleased. In 1993 Disney bought...

Author: /time Magazine | Title: CINEMA: INDEPENDENTS' DAY | 2/24/1997 | See Source »

Monster is loaded with payback and toxic anecdotes: Walt Disney Studios under the hard hand of then chairman Jeffrey Katzenberg was known as Mouschwitz or Duckau. When Dunne describes his open-heart surgery, Walt Disney Co. chairman Michael Eisner responds, "Of course, mine was more serious." Dunne's account sometimes reads like a nonfiction sequel to his satiric 1994 Hollywood novel, Playland. But without fiction's remove and craft this chronicle often seems like a hasty downloading of shoptalk and tele-shmoozing. It may be too much to expect 27 rewrites, but one more scroll through the laptop might have...

Author: /time Magazine | Title: BOOKS: FILM FOLLIES | 2/24/1997 | See Source »

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