Darkbeer
09-17-2002, 10:44 PM
Case and Eisner: A Tale of Two Media Honchos' Trying Times (http://www.washingtonpost.com/wp-dyn/articles/A31784-2002Sep17.html) - Washington Post, 9/18/02
Frank Ahrens takes a look at both the AOL Time Warner Inc. and the Walt Disney Co. chairmen, and the current problems they are dealing with regarding their company, plus some of the current events related to the situation.
Eisner further pleased analysts by telling them that Disney was not interested in operating a cable system or buying what it does not own of Pixar Animation Studios, the company responsible for movies such as "Monsters Inc." that is 62 percent-owned by Apple Computer Inc.'s Steve Jobs. Eisner told analysts that ABC radio is not central to Disney's portfolio and that he may consider selling the 26 stations if the price is right, reported analysts at Banc of America Securities LLC, or even "irrational," as analysts at Kaufman Bros. LP reported Eisner saying.
One item of issue between the company and investors is that of Eisner's successor. Disney says there is a succession plan in place, though it declines to elaborate. This is a problem for Wall Street.
Frank Ahrens takes a look at both the AOL Time Warner Inc. and the Walt Disney Co. chairmen, and the current problems they are dealing with regarding their company, plus some of the current events related to the situation.
Eisner further pleased analysts by telling them that Disney was not interested in operating a cable system or buying what it does not own of Pixar Animation Studios, the company responsible for movies such as "Monsters Inc." that is 62 percent-owned by Apple Computer Inc.'s Steve Jobs. Eisner told analysts that ABC radio is not central to Disney's portfolio and that he may consider selling the 26 stations if the price is right, reported analysts at Banc of America Securities LLC, or even "irrational," as analysts at Kaufman Bros. LP reported Eisner saying.
One item of issue between the company and investors is that of Eisner's successor. Disney says there is a succession plan in place, though it declines to elaborate. This is a problem for Wall Street.