Word: katzenberg
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Former Mickey Mouse maven Jeffrey Katzenberg knows a sweet deal when he doesn't get one. As head of filmmaking for the Walt Disney Co., Katzenberg was entitled to 2% of the profits from films and TV shows produced under his watch, says a suit he filed last week against his old employer. That could amount to a Lion King's ransom, because Katzenberg's definition of profits includes much more than income from movie tickets. "By way of example," says the suit, "in 1994 Disney's video re-release of Snow White, an animated feature first released over...
...Katzenberg, who reanimated Disney by honchoing such megahits as Aladdin and The Lion King, says Disney stiffed him out of $250 million in unpaid bonuses. The high drama is Hollywood's favorite feud--between Katzenberg and Disney chairman Michael Eisner. Katzenberg stormed out in 1994 when Eisner refused to promote him to president. Last week a feisty Katzenberg was calling himself "the $250 million...
...political Zen master, a general without troops, a giver without desires. He talks frequently with White House officials, gave $320,000 to Democrats during the past four years and brought Bill Clinton into his Malibu, California, home to dine with key contributors like Steven Spielberg ($200,000) and Jeffrey Katzenberg ($195,000). Yet Geffen told TIME, "I have no active involvement in trying to influence legislation of any kind." He is the President's point man in Hollywood, making connections and keeping the campaign money flowing, even though the town's infatuation with Clinton is gone. "That he does what...
...that hardly stopped the city of Los Angeles from showering $85 million in tax credits and other incentives on DreamWorks SKG, the new Hollywood studio formed by moguls Steven Spielberg, Jeffrey Katzenberg and David Geffen. Also in on the deal were four high-tech companies, including IBM and Silicon Graphics, that are teaming up with DreamWorks to build an entertainment factory on 260 acres of wetlands where Howard Hughes once assembled his lumbering wooden "Spruce Goose" plane. DreamWorks wasn't leaving the area--it needs the specialized talent that lives there--yet Los Angeles mayor Richard Riordan didn't want...
...much better in this regard is High Incident, a recently launched ABC police series (Mondays, 9 p.m. est). Fortunately, no character is named High or Incident. But despite a high-class pedigree--the show is produced by the Dreamworks team of Steven Spielberg, Jeffrey Katzenberg and David Geffen, with creative guidance from monologist Eric Bogosian--High Incident maintains an embarrassingly CHiPs-like feel as its cast of eight Ray-Ban-wearing patrol-car cops meander about a fictional Los Angeles suburb responding to wacky calls...