I 'm not so sure!

What's Roy's plan for the Disney Company?

I have spent a long time at savedisney.com. If he has one, he has made sure nobody knows about it, except himself.

I can't agree more on several facts. First: he truly knows what Disney stood for. Second: he's hurting about the way Eisner is handling things. Third: he's aware that the Disney brand name may not ever recover from Eisner's era.

But besides that, does he know how to solve the problem? Is he willing to sell the excess baggage and return Disney to be a theme park industry / animation studio? Will he diversify? Consolidate? Fire the current staff? Move the pieces around? Hire Lasseter as CEO (he DAMN should!)?

What worries me is, once Eisner is out, then what course will Disney take?

Maybe the Magic was supposed to die when the Walt did. :(

Seems to me that Cast Member Matt seems to be Disney's salvation.

Just go to Miceage.com and read about all the smart and productive things he is doing for our favortie park.

Maybe the Magic was supposed to die when the Walt did. :(
The company worked very well after his death, and Wells and Eisner (note the order) saved the company from some worse choices, with Roy's help.
Magic died a lot more after Frank Wells died.

Roy is not going to tip his hand now, least of all not on a highly publicized website that caters mostly to Disney fans. If he does have a plan, which I'm confident he must, he's expressing his goals to the people who can affect change, not just shouting them into the wind.

Roy is not going to tip his hand now, least of all not on a highly publicized website that caters mostly to Disney fans.

That would be his own site, right?

I would think that if he wants more support for his "cause", it would be easier to garner such if he actually had a plan. Otherwise, he's just asking people to blindly follow him, which I don't think is good in most cases.

Actually, I would think that Roy would be precluded from announcing anything due to SEC regulations. Plus, stating how he's going to takeover Disney publicly seems like a bad idea if he wants to avoid tipping off the competition.... ;)

I know at his NFFC speech a few months back, he was very adamant that he would not be sharing his plans because of the upcoming and now-infamous stockholders' meeting. It wouldn't surprise me if he is still under some kind of restriction regarding talking about strategy and business plans.

Sheila

Seems to me that Cast Member Matt seems to be Disney's salvation.

Just go to Miceage.com and read about all the smart and productive things he is doing for our favortie park.
I've read so much about it... I'm very happy for Disneyland. The Happiest Place on Earth deserves nothing less than perfection....

...that, and to have its old "Disneyland - The Happiest Place On Earth" light blue sign placed outside of it again :)

That would be his own site, right?

I would think that if he wants more support for his "cause", it would be easier to garner such if he actually had a plan.

He doesn't need any more support for his "cause" than what he had on March 3. That was the point of SaveDisney.com - to rally the common shareholders into a revolt. They made their point, and then got smacked down by the board. What would be the point of further involving the public, most of which are not significant players in this battle?

I imagine the current phase of his plan is far more behind the scenes, taking his case directly to business investors, sponsors, etc. He wouldn't need to report to the public his every move - in fact, he'd be foolish to do so.

I think what SaveDisney.com is doing is taking notes of Disney corporate progress and news each fiscal quarter, noting forward movement or failures, and working with institutional investors and others to mount another challenge at the Annual Shareholder's Meeting in 2005. Roy Disney and Stanley Gold have already announced their interest in putting up an alternative slate of officers in 2005. The news was open, hot, and dramatic between December 1, 2003 and March 3, 2004. However, there is nothing now anyone can do per SEC regulations to get Michael Eisner or the Board out of office before the next Annual Shareholder's Meeting. So SaveDisney.com and institutional investors, and I bet all the small investors who voted "withhold" on their proxies, are paying attention each fiscal quarter to Disney financial news.

The next quarterly results announcement and conference call will be August 10. This will be three quarters into Disney's 2004 fiscal year, one fiscal quarter away from Disney's new fiscal year October 1 and about seven months away from the next Annual Shareholder's meeting. Live action and animated films have not fared well so far this year, but the theme parks are perking up. Scrutiny will be on independent governance of the Board since Michael Eisner was removed as Chairman of the Board and replaced by former US Senator George Mitchell. There will be close attention paid by stock analysts and stockholders of Disney's performance since March 3. If there's any disappointment, SaveDisney.com will point that out and keep the pressure on publicly. But I'm betting there is much preparation going on behind the scenes we don't know about.

Another thing going on is apparently new rules allowing stockholders having more of a say in the corporate governance nomination process is stalling. An article from The Street.com on CBS Marketwatch.com this week seemed to indicate the rolling tide for reform in favor of stockholders may have hit a snag or slowing down. If the movement for this slows down, that plays more into Disney's hands and less into SaveDisney.com's hands, the latter of whom would have to go the traditional route of nominating a slate of alternative CE
O and Board Member(s),

So it isn't as hot and flashy and argumentative as it seemed in the first months of 2004. But I beleive behind the scenes the soap opera continues even as we speak.