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#1 (permalink) | |
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All Hail Peter Jackson!
Join Date: Jun 2002
Location: Hogwarts School of Witchcraft and Wizardry
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Roy E. Disney Resigns
Walt Disney Co. Vice Chairman Roy E. Disney, nephew of Walt Disney, submitted his resignation from the company board on Sunday and called for Disney Chairman and CEO Michael Eisner to step down from his own positions. The following is a reprint of his letter in which he resigned and called for Eisner to do the same.
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And what will happen to Fantasia III without Roy E? His involvement in F2000 really, really benefited the film and I don't think it would have turned out as good without him. I'm nervious. I agree with pretty much every point Roy made in that letter. Michael Eisner did some wonderful things for the company from 1984-1994, including helping the revival of animation and seeing The Little Mermaid, Beauty and the Beast, Aladdin, and The Lion King through to completion. But since Frank Wells' death, and moreso recently, he is doing things -- closing animation studios, laying off thousands of talented people who the company could really benefit from, and letting the Pixar deal fall apart are just some examples -- which are really harmful to the company. He did some great things, but as Roy pointed out in his letter, he just doesn't know when to step down and let someone else take over to revive the company once again. I will miss Roy's involvement in the company and don't think that it will be the same without him. I loved his work on some of the DVDs and on Fantasia 2000, perticularly. Goodbye, Roy. I hope you will return to steer the company in the right direction after Eisner is fired/replaced or retires.
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Proud Supporter of Blu-ray Disc! My modest collection of little silver movie discs |
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#2 (permalink) | |
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Actor
Join Date: Apr 2001
Location: Governor of California
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I agreed with every thing on Roy's list, especially this:
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With fronds like these, who needs anemones? |
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#3 (permalink) |
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Rezident Non-Black MetroSexual
Join Date: Dec 2002
Location: Mesa, AZ
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Incredible news. I definitely agree with every point. Eisner has made the company go to shit. If "new blood" comes into play, I hope they cam make me love this company again.
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DVDFile Mascot | A Metrosexual DVD Collection! | STAY IN SCHOOL KIDS! "I sure hope she doesn't have a penis because that would just ruin it for me." - Damian |
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#4 (permalink) |
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Don't phear the reaper
Join Date: May 2002
Location: Sacramento, CA
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wow - for this big of an event to be out in the open with DISNEY is amazing.
Disney usually likes to sweep everything under the rug, don't they? It's not like them to have something this volatile and internal to be seen. Great read, and too bad about Disney. It's gonna be a LONG time before they get good again.
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"You mean you killed off REAL heroes so that you could PRETEND to be one!?!" |
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#5 (permalink) | |
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Rezident Non-Black MetroSexual
Join Date: Dec 2002
Location: Mesa, AZ
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Re: Roy E. Disney Resigns
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"In accordance with Item 6 of Form 8-K and Item 7 of Schedule 14A, I request that you disclose this letter and that you file a copy of this letter as an exhibit to a Company Form 8-K." ...Roy's got balls. and Eisner got Own3d
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DVDFile Mascot | A Metrosexual DVD Collection! | STAY IN SCHOOL KIDS! "I sure hope she doesn't have a penis because that would just ruin it for me." - Damian |
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#7 (permalink) |
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Cynical Prick
Join Date: May 2002
Location: Oldsmar, FL
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it would be great if Roy could find a way to take the Disney name with him and save what his uncle started so long ago. but i think Disney has degenerated too far into the "corperate" mentality that it would be impossible to do.
i think Eisner has done things to the company from deep inside to keep this business OUT of the "family owned" enviornment. very sad indeed, as i loved what Walt had acomplished and Eisner destroyed. it just goes to show you how bad the Corperate enviornment has become. i wish Roy the best of luck and commend him for the GIANT balls he has grown to stand up to such a pompous ass !!! maybe the Disney of now will truly die and hopefully be reborn later as something great again through PROPER leadership and guidance from someone who can tap into what Walt was thinking and doing while helming his creation. ![]()
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Smokey, this is not 'Nam. This is bowling. There are rules |
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#8 (permalink) |
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My dad can beat up your dad.
Join Date: Jun 2000
Location: Mississippi
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Incredible read. I seriously doubt it will prompt Eisner to step down though. He's probably too stuborn and/or greedy to do so. If he left now he'd always be known as the man who practically killed the Walt Disney Corporation. If he hangs around and waits and prays for something lucky to happen, then he'll be known as the man who resurrected a dying company.
I'm not too up on my executive rules and such but can't the CEO be thrown out if there is a majority vote by the board members? Without Roy though I can only think this.. Walt Disney Company - A Disney = Big Giant 0! Sad read indeed. ![]() |
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#10 (permalink) | |
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My dad can beat up your dad.
Join Date: Jun 2000
Location: Mississippi
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Re: Roy E. Disney Resigns
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#11 (permalink) | |
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Cynical Prick
Join Date: May 2002
Location: Oldsmar, FL
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Re: Re: Roy E. Disney Resigns
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i for one wouldn't stand around and watch some schmuck kill what my family has built, and would rather leave than be known as the guy that just stands around being stifled by the hands of some guy that has taken over his family and not be able to keep in tradition to his uncle's vision of his "kingdom". ...if only Walt could come back and clean the mouse house. ![]()
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Smokey, this is not 'Nam. This is bowling. There are rules |
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#12 (permalink) | |
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My dad can beat up your dad.
Join Date: Jun 2000
Location: Mississippi
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Re: Re: Re: Roy E. Disney Resigns
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Hopefully Roy's letter does have some effect and doesn't just die with him leaving the company. |
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#13 (permalink) |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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Let us keep things clearly in mind here... prior to Eisner taking over Disney, the company was dead. They couldn't make a film (animated or otherwise) so save their lives and they were nearly at the point where things were to be liquidated.
The team of Eisner, Wells and Katzenberg not only saved Disney from the dustbin of history (think RKO, MGM, etc.) and kept it afloat, they returned the reputation of excellence to the name Walt Disney. They figured out not only how to maintain only the highest standards, but also how to turn a very healthy profit. They returned animation to the feature screens and pioneered computer animation with their partnership in Pixar. Eisner may have done a lot of things wrong in the past ten years, but he did more things right. There would not be a Disney to miss or lament or fear for the future of now if it weren't for Eisner's leadership and vision. Is his time past, and are Roy's points valid? Certainly. But also don't forget how he saved that studio.
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I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#14 (permalink) |
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Banned
Join Date: Jul 2002
Location: Multiple Account Ban
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Didn't Eisner piss off the guy who went and started up Dreamworks SKG (I forget the story behind this) with Spielberg and Geffen?
If so then I'm glad Eisner's in charge because Shrek was better (as a family film at least) than anything Disney's done in the past 20 years. Keep up the good work Mike and drive more people towards finding creative freedom elsewhere. ![]() |
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#15 (permalink) | |
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My dad can beat up your dad.
Join Date: Jun 2000
Location: Mississippi
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Re: Roy E. Disney Resigns
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He certainly did save Disney from death, but what I think we're saying here is it really is time for somebody else to take charge and move Disney in a different direction. Over the past few years most of their animated movies have steadily gone down in quality. Some will argue this point and I agree there have been some very good animated movies turned out. Emporers New Groove and Lilo and Stitch to name a couple. But for every Emporers New Groove, we also have and Atlantis, Return to Neverland, Treasure Planet..etc. Their direct-to-video sequels are a joke and are really just there to milk a few more pennies from the parents. As for the parks, I don't have a lot of input on this since I've only ever mostly been to Disneyland. I never did understand why they opened up a park called California Adventure, IN California. Didn't make a lot of sense to me but it was an okay addition. It just doesn't have the same magical feel that Disneyland has. I think it would be hard to get rid of Eisner after this year. With the success of Finding Nemo and Pirates of the Caribbean he probably still has a pretty good foot hold in the company. Not sure how The Haunted Mansion did this past weekend but I'm sure it will make it's money back. I do agree that it might be time for new management, starting from the top. |
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#16 (permalink) | |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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Re: Roy E. Disney Resigns
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I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#17 (permalink) | |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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Re: Re: Roy E. Disney Resigns
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I agree on this point as well. As much as a prick Eisner could be and as much of bastard that he was, I didn't want this to become a slam-fest without adding a dose of history.
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I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#18 (permalink) | |
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My dad can beat up your dad.
Join Date: Jun 2000
Location: Mississippi
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Re: Re: Roy E. Disney Resigns
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My favorite being the frying of the eggs that were in the shape of Mickey'shead. |
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#19 (permalink) | |
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My dad can beat up your dad.
Join Date: Jun 2000
Location: Mississippi
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Re: Re: Re: Roy E. Disney Resigns
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#20 (permalink) | |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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Re: Re: Re: Re: Roy E. Disney Resigns
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I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#21 (permalink) | |
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Banned
Join Date: Aug 2002
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Re: Re: Roy E. Disney Resigns
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#22 (permalink) |
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Is never satisfied?
Join Date: Sep 2003
Location: Home of Justin Guarini, Carson Kressley and Christine Taylor
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I suppose ya' all have seen this by now:
http://tv.yahoo.com/news/ap/20031201/107031906000.html Seems to be a mass exodus going on. Well...okay, only 2 so far. But a shake-up appeared to be imminent and whether or not these are voluntary resignations remains to be seen in the tell-all book we will no doubt see in the not too distant future.
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"Why? Because it feels so god@*mn good." Last edited by PALMERLIME : 12-02-2003 at 01:33 AM. |
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#23 (permalink) |
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Banned
Join Date: Jan 2003
Location: Houston, TX
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It is about goddamned time that Roy restored honor to his family name and really stuck it to Eisner for fucking up his uncle's company and ruining its name. Everything he stated were ON THE MONEY. I can't tell you how proud I am to hear of this, although I do have concerns about whether real change can now occur because of Roy's absence from the company.
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#24 (permalink) | |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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Re: Roy E. Disney Resigns
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And again, I'm the last to defend Eisner, but his fucking up the company and ruining its name came after he saved the thing in the first place. ![]()
__________________
I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#25 (permalink) |
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I have a "Cool Label" under my name!
Join Date: Feb 2003
Location: Use of the spoiler tag is highly recommended
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It is no secret that I am a large opponent of Eisner's. However, I do give the devil his due. He did save Disney. Of course, he did so under the approval and supervision laid forth by Roy in 1984. Yet, no matter what Eisner did in the past, the corporate world is more concerned about "what have you done for me lately". The outcries against him are beginning to spill outside of the "insiders" conversation and into mainstream America. I can not tell you how many non-industry related people I have heard openly critizes Eisner for driving what was once one of the most dependable stocks into a stock always on the brink of diving.
Roy has taken the initiative to restore order to the Mouse House. What needs to be done, I don't know. But despite some fluke successes recently, Disney is in dire need of help. Disney's stores are closing every 6 months, the amusement parks are becoming more and more bare, ABC now has buzz about only at most 5 programs other than MNF, and the heart and soul of Disney, the 2D animation is now debunk. In a perfect world, I would hope of one of three (fantasy) things to happen:
Of course, none of this will happen. More than likely, this will lead Eisner to create a braintrust of talented writers and producers who will roll out a string of say 3 or 4 consecutive hits, (I guess they'd have to be 3d this time) and thus save himself from the gallows for about 10 years, around the time he is forced to step down as Roy was, due to the mandatory age requirement. Oh well, no matter what happens, I hope the "souless" company as it has been called will always remember that it started with a mouse and a boy with a dream. ![]() |
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#26 (permalink) | |
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Banned
Join Date: Jan 2003
Location: Houston, TX
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Re: Re: Roy E. Disney Resigns
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Hell, even Nolan Ryan knew when to retire. When you can't pitch those fastballs quite so fast anymore, when your curveball isn't curving the way it used to, and when you don't have the same team you won the pennant with, it's time to hang up your glove and say thanks for the memories. |
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#27 (permalink) | |
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Rezident Non-Black MetroSexual
Join Date: Dec 2002
Location: Mesa, AZ
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Re: Re: Re: Roy E. Disney Resigns
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__________________
DVDFile Mascot | A Metrosexual DVD Collection! | STAY IN SCHOOL KIDS! "I sure hope she doesn't have a penis because that would just ruin it for me." - Damian |
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#29 (permalink) | |
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Cynical Prick
Join Date: May 2002
Location: Oldsmar, FL
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Re: Re: Re: Roy E. Disney Resigns
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Eisner may have been a fresh voice in 84, but i don't see ANY positive credibility in anyone saying that there were positive effects from Eisner being part of Disney, and being the one to bring Disney to the height of power it had 10 years ago. cause you can CLEARLY see that Eisner, if anything, was the weak link of Katzenberg, Wells, and Eisner. when did Disney start to fall? ...when Wells died ...and Eisner was left to rule alone. so i personally can NEVER view Eisner as anything remotely like a savior to Disney's company, so i don't think that Eisner had ANY real redeeming qualities to Disney's success. even if Disney was floundering in 84, they still consistently made decent features and CARED for what they did up until that point. it's just unfortunate that you can't make it in the world just by caring for what you do alone. i think Eisner's just a schmuck that weaseled his way to the top of Disney by bullshitting the right people. if that's what makes a good businessman, then he is. but as far as saving Disney, i personally don't think he did it. i mean for the last 10 years he's done nothing but bring Disney down. Katzenberg still has Dreamworks pretty well on track, why can't Eisner keep Disney at a steady pace? greed, yea. inability to be a GOOD businessman, yea. not knowing how to do his job, DEFINETLY. i guess what the simple of it is is that Eisner NEEDS a good team of guys to look any good as a leader. alone, he's just another greedy ass trying to milk the world of any greenback he can get. he CLEARLY cares NOTHING (and probably never has) for Disney's well being (dismantling the 2D dept., not upgrading the Theme parks to keep a high interest, firing the TALENTED people for cheap labor, etc.). so i cannot see Eisner as anything other than the devil in disguise. ![]()
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Smokey, this is not 'Nam. This is bowling. There are rules |
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#30 (permalink) |
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Director/Moderator
Not a fancy tickler Join Date: Jun 2002
Location: People's Republik of Kalifornia
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Mike Eisner was overhead recently: "Who does this guy think he is? He acts like his uncle founded the company or something!"
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"The women of this country learned long ago, those without swords can still die upon them." - Eowyn, The Two Towers DVD Profiler | DVD Aficianado | DVD Spot | Movie Reviews | Facebook |
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#31 (permalink) |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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I'll play Eisner devil's advocate to point out that he more than lucked into his positions and that he once was able to not only succeed, but to lead great teams forward.
Notable notes: In 1975, Eisner served ABC as Vice President for Program Planning and Development and as Senior Vice President for Prime Time Production and Development in 1976. In these posts, he fostered programs such as Happy Days, Welcome Back Kotter, Barney Miller, and Starsky and Hutch. During Eisner's years in the programming department, ABC had moved from a perennial third place among television networks to first place. Eisner was the creative producer of SCHOOLHOUSE ROCK, which entertained and educated a generation. The average Paramount production during Eisner's tenure cost only $8.5 million to produce, when the industry average was $12 million per picture. During this time, Paramount moved from last place to first place among the six major studios. In October 1978, half of the top ten box office attractions were Paramount films. Films produced at Paramount during Eisner's reign include: Raiders of the Lost Ark, Saturday Night Fever, Grease, Heaven Can Wait, Ordinary People, Terms of Endearment, An Officer and a Gentleman, The Elephant Man, Reds, Flashdance, Footloose, Trading Places, Beverly Hills Cop, Airplane and three installments of the Star Trek cycle. While at Disney, Eisner was credited with the successful aquisition of Mirimax. Eisner has received the lion's share of the credit for transforming Walt Disney Productions from a well-known but fading brand name entertainment firm into a powerful multimedia juggernaut. When Eisner came aboard as chairman and CEO in 1984, nearly 80 percent of Disney's revenue, then totaling around $1.7 billion, came from its theme parks. By 1994, corporate coffers were bulging with over $10 billion in revenues with an impressive $4.8 billion streaming in from Disney films, a hefty $3.5 billion from theme parks and a neat $1.8 billion in Disney merchandise. The aquisition of Capital Cities/ABC is still considered a major coup and the crown jewel in Eisner's career.
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I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#32 (permalink) | |
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I have a "Cool Label" under my name!
Join Date: Feb 2003
Location: Use of the spoiler tag is highly recommended
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Well, take this last little tid-bit with a grain of salt:
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#33 (permalink) | |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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Re: Roy E. Disney Resigns
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__________________
I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#36 (permalink) | |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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Re: Roy E. Disney Resigns
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__________________
I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#37 (permalink) |
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I have a "Cool Label" under my name!
Join Date: Feb 2003
Location: Use of the spoiler tag is highly recommended
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Not really, he just basically wanted people to realize that he is not seeking to take Eisner's job. He also wanted people to make the distinction between the money the company has earned and the money the company should have earned.
Paula at the top of the interview that Disney value has gone from $1 billion in 1984 to something like $25 billion this year. Roy wanted her to understand that if a person invested $1000 in Disney in 1994, they would right now be able to cash out at $1000 today. He said that "the money would have been better in the bank". He also cited acquisitions that Disney has made in the past 9 years that should have multiplied the companies earnings, when in truth, they have been "as flat as a pancake". Didn't seem like a real forceful or persuasive interview, I think he was just trying to get more awareness out there about what is going to be happening (ie: the impending battle). When asked what he would do if he failed, he said he plans on being around a long time, and isn't going anywhere. Sure didn't seem to me like a man too old to be a part of his uncle's company. ![]() |
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#38 (permalink) |
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Actor
Join Date: Aug 2003
Location: Cleveland, OH
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Cool... nothing I like more than a good old Hollywood fight. Especially when the lines seem so clearly drawn between good and evil.
__________________
I'm going with Jerkstore! Jerkstore is the line! Jerkstore! Yes. - George Costanza "What a lovely day for an exorcism." Demon/Regan - THE EXORCIST |
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#39 (permalink) | |
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My dad can beat up your dad.
Join Date: Jun 2000
Location: Mississippi
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Re: Roy E. Disney Resigns
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![]() If he's not out for Eisner's job, then what's the impending battle going to be for? I'm certain he does't want his old job back because even if he got it, he'd be subjected to daily harrasment by Eisner. (not to mention they already filled his job with somebody from Sybase. A company in the bay. My friends father worked for the guy that just left to take Roy's old position.) |
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#40 (permalink) | |
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Re: Re: Roy E. Disney Resigns
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This is shaping up into one of the more interesting Hollywood business stories we've seen in a good long while. pop some corn and sit down informt of the tv to watch it all unfold! |
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