Disney Board Endorses Steps to Turn Company Around (http://www.latimes.com/business/la-fi-modisney25sep25,0,797929.story?coll=la%2Dheadlines %2Dbusiness) - LA Times, 9/25/02

Another article dealing with yesterday's board meeting, with additional information about what was discussed.

QuikQuote: Disney executives presented a plan to broaden ongoing companywide cost-cutting efforts amid the soft economy that has especially hurt Disney's theme park business. Disney has already squeezed $500 million in cost savings in the last year.

Well, it sounds like I'm not too happy with how the meeting went. I'm glad that they want to bring the company back to it's glory, but I wish they'd go about it differently. You know, like restore the research and developement department, put money into all the theme parks (with good ideas, again-- r&d), and focus on quality films and television shows, as opposed to generic ones.