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NY Daily News: Disney decline at forefront [Archive] - MousePad

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Cooie
09-09-2002, 08:29 AM
...and the link:
http://www.nydailynews.com/business/story/17195p-16354c.html

Quick Quote:
"Sept. 11 continues to haunt Michael Eisner.

"Just a month ago, the embattled Disney chief shocked investors when he told them that bookings for Disney's theme parks are down 10%.

"The reason: jittery foreign travelers, fearful of another attack, continue to stay away from Disney World and Disneyland.

For the troubled media mogul, it was another piece of bad news. Disney's already sinking stock took another pounding, and the announcement set off renewed speculation that Eisner's days at Disney are numbered."


While I'll agree that 9/11 affected the company, I don't agree that it's been the only thing that sent it into a tailspin...

merlinjones
09-09-2002, 08:51 AM
The fickle finger of fate always seems to point to "uncontrollables" like 9/11 and the Economy. Please.... they should be just as accountable as their employees for failure.

Sure, 9/11 caused a hit, but the complete failure of DCA, for example, to connect even with locals - - desperate for escapist fare in the shadow of 9/11 - - can only be blamed on its creators.

Gemini Cricket
09-09-2002, 09:07 AM
Originally posted by Cooie
...and the announcement set off renewed speculation that Eisner's days at Disney are numbered."

If only.


Disney needs to rethink how they're doing business. They are really ticking a lot of people off: their stockholders, their CMs, their guests...
They need to get rid of Eisner and start over with someone who cares about the company and its history and less about how to milk their fans and customers of their money and patience.

WannabeWalt
09-11-2002, 12:39 AM
Disneys attendence would be down even if Sept 11th hadn't happened. It's kind of fun to see Eisner be put under the same pressure that he
puts all his subordinates under. This is the guy that worried about attendence being down then raises the price of a ticket at DisneyWorld. If Disney wants to get attendence up they should lower the ticket price slightly. Especially DCA; " Half as many attractions as Disneyland but at the same price ." That is pretty much Disneys subliminal marketing campaign.


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