Word: katzenberg
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Dates: during 2000-2009
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...major events in DisneyWar are familiar: Eisner's fallings-out with lieutenants Jeffrey Katzenberg and Michael Ovitz, the turbulence at the acquired ABC network. But Stewart gleans fantastic fly-on-the-wall reportage from his inside access, interviews and Eisner's revealing notes and e-mails. Some of these incidents put Iger in a bad light just as the Disney board is considering CEO candidates. At the end of an argument between him and ABC chairman Lloyd Braun, Iger gets so agitated that he accidentally hits a waiter, who spills coffee down Iger's shirt. Not that Iger...
...opened a window into troubles at the high-flying studio, launched in a blaze of publicity in 1994 by Steven Spielberg, Jeffrey Katzenberg and David Geffen. The IPO filing reveals that DreamWorks' animation division lost more than $350 million over the past five years. It also warns of a litany of potential pitfalls, from the studio's meager slate of big-budget films to its undersized library of movies from which to generate cash during lean years...
...most stinging charge is that Eisner has repelled corporate talent, particularly anyone with CEO potential. Disney has suffered an exodus of executives during his tenure. Its cast members no longer include execs like Paul Pressler, now at Gap; Geraldine Laybourne, who quit to co-found Oxygen Media; and Jeffrey Katzenberg, the man behind The Lion King, who co-founded DreamWorks. Comcast's No. 2 executive, Burke, is a fast-track escapee. He spent 12 years at Disney and proved himself a skilled executive by recharging Disney's consumer-products division (it faltered after he left) and reviving Euro Disney (another...
...wonder years like a ride on Space Mountain. Eisner had a terrific run from 1984 through '98, when profits grew from $291 million to $1.85 billion. He expanded the theme parks, heavily marketed Disney merchandise, turned the studios into tight-budget, live-action hit factories and presided with Jeffrey Katzenberg over a rebirth of Disney's animation franchise that produced such crown jewels as The Lion King. Investors from Warren Buffett to the Bass family latched on as the stock soared 3,598% during those 14 golden years. And Eisner cashed in. So far, he has exercised options worth roughly...
...ensuing conflict resulted in the executive board’s “no-confidence vote” for Goldin on October 24 and the resignation of two influential and high-profile trustees: Jeffrey Katzenberg, the co-founder of Dreamworks SKG, and Kenneth Feld, owner of Ringling Bros. Barnum & Bailey Circus...