Michael Eisner

DRUMZ2B

DIS Veteran
Joined
Jan 25, 2002
Messages
206
I was wondering,with the shareholders meeting in Philly coming up, what impact would there be if support for Mr. Eisner as CEO of Disney was to decay? If he is relieved of duty,who will take control of the company, regardless of the comcast bid,and what are the long term effects that may be felt?! As DVC members I would think that this would be very important.:confused:
 
Well, as far as actually having an effect upon our DVC ownership...the only thing it may change is resale value...most timeshares lose 50% to 70% of their value the minute you buy them. DVC is the exception, and the fact that DVC has ROFR as an artificial price support helps.

The resorts themselves could be changed to an outside management company, like Marriott, who is experienced in upscale resort management. Points required per resort are pretty well set in stone. The point charts could be adjusted, just as they can be now, to up some rooms and season but they'd also have to lower others...the overall point total can't change.

Parks, if a new owner wanted to make a quick buck, could sell off park operations to Six Flags or Cedar Fair (Cedar Point's parent), OR they could continue to operate the parks.

It would depend entirely on WHY they want to acquire the company, and what their long term vs. short term goals are.
 


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