Word: walts
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...coming to grips with the succession problem: a Disney board member said it was "under active consideration," and according to one source, the company may solicit a list of outside candidates as early as this week. At the same time, friends of Jeffrey Katzenberg, head of the highly successful Walt Disney Studios and in many ways the logical choice for the job, were busy making Katzenberg's case to anyone who would listen...
...Robertses' bid not only reaffirmed Diller's status as a mogul manque, but it left CBS on the block for a takeover attempt by anyone from the Walt Disney Co. to cable-TV magnate Ted Turner. By agreeing last month to join forces with QVC, Tisch, 71, had shown himself willing to cash in half of his 20% stake in the network and to hand the titles of president and chief executive officer to Diller. Now, with the QVC deal gone aglimmering, CBS had what amounted to a COMPANY FOR SALE sign on its black granite headquarters in New York...
Eisner might have cited Katzenberg as the one man -- the modern Walt, who does not create the story or draw the pictures but whose imprint is indelible in a million questions and suggestions, in his noodging and kibitzing, in refusing to be quickly pleased. Yet Katzenberg denies authorial status. "This is not me having a humility attack," he says. "It's just that the characterization isn't true. If you want, you can call me the coach. When Pat Riley coaches a basketball team, they do pretty good. Yet the absolute reality is that Riley did not put one ball...
...with the theme parks. Walt Disney's genius was to drain the boardwalk midway of its anarchy and menace. He smoothed and creamed and pureed it into a shamelessly sweet, hopelessly inauthentic 3-D movie set he called a theme park. His movies are Hans Christian Andersen pasteurized. His parks are Coney Island homogenized. In both he created the perfect entertainment for children...
Sixty years after Disney introduced the Mickey Mouse watch, Eisner & Co. has perfected Walt's theory: everything sells everything else. Disney movies bring customers into the stores, where they are exposed to a promotional blitz of products and wall videos that aim to recycle folks back to the parks and theaters. "This summer," says Eisner, "the stores will be geared to our new animated feature, The Lion King. You can also buy tickets for the park there. You can learn about the Disney Channel. It's all woven together." The Greeks had a word for it: $ynergy...