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Mouseketeer
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- Dec 29, 1999
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Interesting article from the NY post:
http://www.nypost.com/business/38925.htm
MOUSE TROUBLE
January 28, 2005 -- Disney management is so distraught over damaging revelations in a book on CEO Michael Eisner that the public relations head offered to resign, The Post has learned.
Sources say Disney obtained several chapters of James B. Stewart's soon-to-be published book "Disney War" last week, and immediately put their lawyers and spinmeisters into overdrive to try to get Stewart to soften the portions most damaging to Eisner and his top deputy, Bob Iger.
Sources say the publisher, Simon & Schuster, has no idea how the Mouse House was able to obtain an advance copy of "Disney War," and is trying to find out how it was leaked.
A spokeswoman for Simon & Schuster declined to comment beyond saying, "The book will speak for itself when it's published."
The material was believed to be so damaging to Eisner that public relations exec Zenia Mucha offered to resign an offer that Eisner refused. Sources said the move was spurred by the anticipated negative public relations, and that as department head she felt she should take the fall. Both top executives cooperated with Stewart on the book.
Mucha said she "can't confirm or deny" that she got an unauthorized copy, adding, "I went through a normal fact-checking process."
She declined to comment on whether she offered to resign from Disney.
The hard-charging Mucha known for her aggressive p.r. tactics was formerly an adviser to New York Gov. George Pataki.
The only public glimpse thus far of Stewart's exposé is an excerpt this month in The New Yorker, which detailed the ill-fated relationship between Eisner and his ex-No. 2, Michael Ovitz, the subject of a high-profile shareholder lawsuit.
"Disney War" is set to hit store shelves March 7. Stewart, a Pulitzer Prize-winning reporter, also wrote the Wall Street classic, "Den Of Thieves."
Iger, Eisner's preferred successor, stands to suffer even more from any negative portrayals since his boss has agreed to resign in September 2006.
This partly explains Disney management's "overly harsh reaction," according to one source.
While Disney's board of directors has promised to conduct an independent search for Eisner's successor it has hired search firm Heidrick & Struggles management has been waging a pro-Iger campaign, while the board has yet to seek out any outside candidates. The next chief is expected to be named by June.
"I think the danger for Iger is that [management is] controlling the process and not the board," said one industry source close to Disney.
The perception that a wide-ranging search is not being conducted could ignite further outrage from disgruntled shareholders, as well as Stanley Gold and Roy Disney, the former board members who resigned in late 2003 to campaign for Eisner's ouster.
Disney and Gold largely succeeded in their efforts, as Eisner resigned his chairmanship last March and later announced he would not continue on as CEO beyond the terms of his contract.
http://www.nypost.com/business/38925.htm
MOUSE TROUBLE
January 28, 2005 -- Disney management is so distraught over damaging revelations in a book on CEO Michael Eisner that the public relations head offered to resign, The Post has learned.
Sources say Disney obtained several chapters of James B. Stewart's soon-to-be published book "Disney War" last week, and immediately put their lawyers and spinmeisters into overdrive to try to get Stewart to soften the portions most damaging to Eisner and his top deputy, Bob Iger.
Sources say the publisher, Simon & Schuster, has no idea how the Mouse House was able to obtain an advance copy of "Disney War," and is trying to find out how it was leaked.
A spokeswoman for Simon & Schuster declined to comment beyond saying, "The book will speak for itself when it's published."
The material was believed to be so damaging to Eisner that public relations exec Zenia Mucha offered to resign an offer that Eisner refused. Sources said the move was spurred by the anticipated negative public relations, and that as department head she felt she should take the fall. Both top executives cooperated with Stewart on the book.
Mucha said she "can't confirm or deny" that she got an unauthorized copy, adding, "I went through a normal fact-checking process."
She declined to comment on whether she offered to resign from Disney.
The hard-charging Mucha known for her aggressive p.r. tactics was formerly an adviser to New York Gov. George Pataki.
The only public glimpse thus far of Stewart's exposé is an excerpt this month in The New Yorker, which detailed the ill-fated relationship between Eisner and his ex-No. 2, Michael Ovitz, the subject of a high-profile shareholder lawsuit.
"Disney War" is set to hit store shelves March 7. Stewart, a Pulitzer Prize-winning reporter, also wrote the Wall Street classic, "Den Of Thieves."
Iger, Eisner's preferred successor, stands to suffer even more from any negative portrayals since his boss has agreed to resign in September 2006.
This partly explains Disney management's "overly harsh reaction," according to one source.
While Disney's board of directors has promised to conduct an independent search for Eisner's successor it has hired search firm Heidrick & Struggles management has been waging a pro-Iger campaign, while the board has yet to seek out any outside candidates. The next chief is expected to be named by June.
"I think the danger for Iger is that [management is] controlling the process and not the board," said one industry source close to Disney.
The perception that a wide-ranging search is not being conducted could ignite further outrage from disgruntled shareholders, as well as Stanley Gold and Roy Disney, the former board members who resigned in late 2003 to campaign for Eisner's ouster.
Disney and Gold largely succeeded in their efforts, as Eisner resigned his chairmanship last March and later announced he would not continue on as CEO beyond the terms of his contract.
