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This week the public will get its first look at the most spectacular fruit yet of the area's renaissance: the unveiling of the Walt Disney Co.'s $34 million restoration of the New Amsterdam theater. Originally built in 1903 and famously taken over by Florenz Ziegfeld 10 years later, it is, after its refurbishment, one of the grandest and most mind-bendingly ornate theaters in America, an eclectic melange of Art Nouveau and other turn-of-the-century ornamentation and a triumph of the restorer's art. Disney is hoping the New Amsterdam will be an economic triumph...

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

...WALT DISNEY CO. Cedes to public gasps; reinstates and expands its "Happy Hearts" discounts for disabled kids...

Author: /time Magazine | Title: Notebook: Apr. 7, 1997 | 4/7/1997 | See Source »

...says Johnson, who was always interested in business while he was playing ball. "I don't know everything, but I get caught up on what I don't know." He's got some fancy tutoring too. Among those who help him brush up on balance-sheet analysis is former Walt Disney Co. president Michael Ovitz, a close friend. Adds Lombard: "Earvin is a tremendous businessman. He has the same level of vision that he had on the court and the same control in knowing when to pull the trigger and when...

Author: /time Magazine | Title: POST-GAME SHOW | 3/17/1997 | See Source »

...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 »

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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