Official Disney Meeting Thread, Live Right Now!

Carrousel Lover

New Member
Originally posted by stingrock23
Like it or not, ESPN is a huuuuge moneymaker for the company.
without a doubt and with Outkast music also...:lol: They saved the best for last re success so I can only hope we are almost finished with this part.
 

TravisMT81

Well-Known Member
Eisner is not going to be gone. You could have 80 percent of the votes and he still would not have to leave. We will see what happens in the next couple months.
 

stingrock23

Active Member
I don't think he will be gone right away, but if there is 40% no confidence vote, something major will happen. Either he'll step down as either chairman or ceo, or he'll have a succession plan in place.
 

Snapper Bean

Active Member
Originally posted by Lee
No way I'm gonna go back and read 15 pages, so if this has been mentioned, forgive me.

Reuters is reporting that a source has indicated that the vote against Eisner is in the low 40% range. Huge.

And as a side note, Disney barred Jim Hill from the meeting. They felt he was collaborating too much with Roy. Sad.

Jim doesn't own any stock? If he does, how could they bar him from the meeting. Its a stockholders meeting.
 

civileng68

Account Suspended
Original Poster
WRONG

Originally posted by TravisM
Eisner is not going to be gone. You could have 80 percent of the votes and he still would not have to leave. We will see what happens in the next couple months.


True that 80% and he still COULD stay but there's one thing. In corporate history, CEO's are asked to step down at around 20%. Why? because sure, they COULD keep him but with that many stockholders upset, you risk a sell off, and they surely don't want that. Not even Eisner since he owns that much stock.
 

Lee

Adventurer
Originally posted by TravisM
Eisner is not going to be gone. You could have 80 percent of the votes and he still would not have to leave. We will see what happens in the next couple months.

Strictly speaking, true, he doen't HAVE to leave. The thing is, the board can fire him.
In fact it would be unprecedented if they don't fire him.

AOL/TimeWarner got rid of Steve Case after a 22% vote.

No way to survive anything in the 40s.
 

Lee

Adventurer
I'm not sure, but I don't think Jim owns any stock.
They can keep anyone the want out who isn't a stockholder.
However, he's the only one who was barred as far as I know.
 

GaryT977

New Member
Originally posted by tigsmom
If he holds any stock he has a legal right to be there. Either he doesn't hold any stock or decided not to attend. Don't think Eisner could keep him out.

I agree. If he was willing the let Roy & Stanley address the shareholders, why would he bother keeping Jim Hill out?
 

Lee

Adventurer
From Fab:

"If you're Jim Hill or Chuck Oberleitner, it might be that they just wouldn't LET you in. The head of Disney Corporate Communications informed Jim that because of his appearance on the cover of the Wall Street Journal, in which it was revealed that Roy Disney had called him for advice, he was obviously 'working with Roy' and would not be allowed into the meeting."

Also, Jim and Fab are going to be on MSNBC tonight with Deborah Norville.
 

civileng68

Account Suspended
Original Poster
what?

What the sam hell is going on at this meeting. Now we're showing sports clips in high definition and regular to show the difference. What? did Disney now invent the high definition connection?


Sure I know this is everyone's shot but they are trying to divert attention away from Eisner right now. They are dragging this on way too much. Nobody cares righ tnow. I love ESPN but im ready to see Eisner on my weenie roast!
 

Lee

Adventurer
Originally posted by GaryT977
I agree. If he was willing the let Roy & Stanley address the shareholders, why would he bother keeping Jim Hill out?

Roy and Stan still have voting rights....lots of them.
 

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