Word: eisner
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...striking some sort of deal involving NBC. While he refuses to comment on reports that GE is considering the sale of a 49% stake in the network to Time Warner, he acknowledges that "we've had discussions about every combination with everyone." That includes Walt Disney chairman Michael Eisner, who also has been eyeing NBC. Welch described his conversations with executives like Time Warner chairman Gerald Levin as "two guys groping, to see what fits." But he strongly hinted that he intends to keep at least some control of the network. "The outright sale is not something that is high...
...make sub sandwiches." As of Oct. 1, he is at leisure. "I'll take a 60-day pit stop -- and I'm sure I'll be incompetent at that. I want to rest and recharge, make sure there's enough traction on them wheels." Or perhaps, as he told Eisner in a friendly chat at week's end, "I'll start up a company, and later you'll buy it. Then I'll end up working...
...though, the Katzenberg era at Disney -- one of phenomenal growth, an eerie stability and that amazing revival of the precious cartoon heritage -- has ended. Oh well, as the Lion King would say, hakuna matata. Not to worry. Eisner will reinvent his company, and soon, perhaps, Katzenberg will invent his own. For the moment, he's in the hot seat. His former colleague -- and future competitor -- is sitting in the Katzenberg seat...
That's why the Bells have been going Hollywood. Three weeks ago, the Walt Disney Co., whose chairman, Michael Eisner, had until recently seemed to disdain two-way TV, agreed to team up with Ameritech, BellSouth and Southwestern Bell to develop and distribute movies, games and other programs to home viewers. Not to be outdone, Hollywood dealmeister Michael Ovitz, who heads the powerful Creative Artists Agency, has reportedly been meeting with nynex, Bell Atlantic and Pacific Telesis to discuss the creation of a company of their own that would make and distribute films...
...post. Hailed as the mastermind behind such blockbusters as Aladdin and The Lion King, the mercurial Katzenberg sought the post after the April death of Disney president Frank Wells. Katzenberg's exit augurs more uncertainty for Disney, which this year has already weathered Wells' death and chairman Michael Eisner's quadruple-bypass heart surgery...