Interesting article on ME's golden retirement & Iger's income

[DVCconvert]

A clip from an article that has some verbage that may not be suitable for younger viewers.

To see the entire article from the LA Weekly, CLICK HERE

So unless Jane Eisner tires of Michael hanging around the kitchen all day in his Mickey Mouse PJs and suddenly divorces him, come September we may never know the lavishness of Eisner’s Disney-funded retirement. Chairman George Mitchell stammers whenever the subject comes up, saying only that the company will honor Eisner’s employment contract, which is reportedly being renegotiated. Of course, since he started at Disney in 1984, Eisner already has earned $1 billion in salary, bonuses and exercised stock options.

Yet isn’t it ironic that Eisner, notorious for nickel-and-diming employees as well as stars, is such a penny pincher when it comes to everyone but himself? One of the most telling anecdotes in James Stewart’s new book, DisneyWar, is how Disney’s perk-addicted president Michael Ovitz came up with the absurd idea that the company should give a gift to Bob Iger, then the head of ABC television, to acknowledge his hard work.

“Why?” Eisner asked. “He’s got a contract. He’s not going anywhere.”

“Don’t you want him to be comfortable, happy in his job?” Ovitz asked.

“Not really,” Eisner replied.

Recent newspaper and magazine articles purport to spot an Industry trend that such iconic and iconoclastic show-biz megalomaniacs are being replaced by a breed of “pinstriped, buttoned-down brass” and “stoic, faceless suits,”

 

[crusader]

Recent newspaper and magazine articles purport to spot an Industry trend that such iconic and iconoclastic show-biz megalomaniacs are being replaced by a breed of “pinstriped, buttoned-down brass” and “stoic, faceless suits,”

This is a joke. What recent newspaper and magazine articles? Corporate America has always been run this way. This is the problem with Hollywood - too many writers playing journalist.

 

[mitros]

Hey, why do you think Ei$ner nickel and dimes everybody and everything to death? THAT is how he pads his salary. Let's see, I just saved the parks 190,000 bucks a year by cutting CMs salaries, benefits, and laying people off, hmm, what should happen to that money I saved, dogone it, I'll put it in my pocket! K-aching! for me.