"Tragic Kingdom" report?

[Genie of the Lamp]

Here's a vid link I found on CNBC that was uploaded last friday showing CALSTRS CEO Jack Ehnes:
http://video.cnbc.com/gallery/?video=3000149904
The thing I got away from the vid is that he stated that two years ago, they approved Iger/Execs. compensation pay/salary at a rating of 77%. It's now down to 57% he said. 4:55 talks about say and pay vote. Average approval rating on say and pay in America in the Russel 300 is 91%. He stated 55 companies there are under 50% and knows DIS is getting close to it. Enjoy if you haven't seen it.

 

[Walt 1901]

If only Roy was still alive.

I haven't fully researched what happened during the last shareholder revolt, but i personally think Roy would be perfectly happy with the current company. In the last year my stock price has gone from 24 dollars a share to 54 dollars a share as of friday. Roy was a money man. I just finished reading a book where it mention that it was Roy E Disneys' goal to erase Walt from the company and give more credit to his dad as the real reason the Disney company is here today

 

[MMFanCipher]

I would agree that Roy made sure the company survived, but Walt was the idea and visionary man. There wouldn't have been a Disney company without Walt.

 

[Cosmic Commando]

I haven't fully researched what happened during the last shareholder revolt, but i personally think Roy would be perfectly happy with the current company. In the last year my stock price has gone from 24 dollars a share to 54 dollars a share as of friday. Roy was a money man. I just finished reading a book where it mention that it was Roy E Disneys' goal to erase Walt from the company and give more credit to his dad as the real reason the Disney company is here today

Which book was this!?! I'm sure he did want his dad to get a lot of credit, because... it's his dad. But if he thought his dad did everything and Walt was worthless, why did he follow in his uncle's footsteps and go into animation instead of becoming a money guy like his dad?

Edit: By the time the second "Save Disney" campaign began, the stock price was already recovering from the hit that it took after 9/11, and actually went up during the campaign. It was about the style of the company, not just money.

11/28/03: 23.09 Roy resigned from the company on 11/30
3/5/04: 26.48 43% of shareholders oppose Eisner's re-election on 3/3
3/13/05: 27.59 Eisner announces his resignation

You can read Roy's resignation letter here. He specifically mentions building the theme parks on the cheap, looking for a quick buck instead of long-term value, and poor relationships with partners like Pixar.

 

[Mammymouse]

I agree, it seem like Disney feels that having exclusive licensing to classic stories is all they have to do. For example, they made the OZ movie but I keep reading reviews saying it was terrible, but that Disney will make money on it nonetheless because everyone will go to see it. Will the new Star Wars movie be as "thin" as OZ? I will save my personal opinion of OZ for when I see it but it's definitely concerning to see such a classic off to such a rough start. It's just not enough to have these stories and use them, they have to make them great. But it seems like the quality is not a huge concern for them. Sure a little bit of concern, but kinda like - oh it would be nice if it's a good movie too.

I wonder what the problem is for the new Oz? The original movie is my all time favorite - because the story was good but the cast is what made it exceptional. But James Franco as the Wizard? I'm not anticipating much.

 

[Hedwig's Keeper]

I wonder what the problem is for the new Oz? The original movie is my all time favorite - because the story was good but the cast is what made it exceptional. But James Franco as the Wizard? I'm not anticipating much.

The original movie was awesome. The music was great (the composers of "Somewhere Over the Rainbow" actually had to fight with the studio to keep that song in the movie, guess those MGM executives looked sheepish when it won the Oscar for best song), actors were great (Jack Haley that played the Tin Man actually read all his lines like he was reading a bedtime story to his 6 year old son, maybe sounds weird at first but of course it comes off great in the movie), story was tremendous, cinematography was amazing, everything was great. I guess when it comes down to the new cast, I think better options for the Wizard would have been Michael Fassbender, James McAvoy, or Tom Hardy. For the Witch, maybe Marion Cottilard, Emmy Rossum, or Eva Green.

Yeah, Eva Green and James McAvoy, that would have been a great movie...

 

[billDozer]

oz isnt going to be good as the first but its going to be a ton better than the original sequel walt had in mind does anyone remember the patch work girl song and dance from wonderful world of disney

 

[Genie of the Lamp]

Another Tragic Kingdom report that's been reported by the South China Morning Post:
http://www.scmp.com/news/world/arti...ors-threaten-revolt-over-chief-executives-pay
Boy, Robert really has that gray hair coming in these days.


Countdown to Shareholders meeting: 3 days!

 

[Walt 1901]

Which book was this!?! I'm sure he did want his dad to get a lot of credit, because... it's his dad. But if he thought his dad did everything and Walt was worthless, why did he follow in his uncle's footsteps and go into animation instead of becoming a money guy like his dad?

Edit: By the time the second "Save Disney" campaign began, the stock price was already recovering from the hit that it took after 9/11, and actually went up during the campaign. It was about the style of the company, not just money.

11/28/03: 23.09 Roy resigned from the company on 11/30
3/5/04: 26.48 43% of shareholders oppose Eisner's re-election on 3/3
3/13/05: 27.59 Eisner announces his resignation

You can read Roy's resignation letter here. He specifically mentions building the theme parks on the cheap, looking for a quick buck instead of long-term value, and poor relationships with partners like Pixar.

The book was titled Disney's World. As to why he decided to go into the animation division after he and his group threw Walt's son and law Ron Miller from the CEO position because the companies stock price was stagnant I don't have a clue. Maybe he did it to show that he could produce bigger grossing films then his famous uncle. I don't know the exact reason, all I know is I don't think Roy was the savior that he appeared to be. All I know is that the company is in trouble and the Disney name is not what is use to be. All Iger has done is purchased other companies and has done nothing to develop the Disney studio or Animation Division.

 

[Computer Magic]

Which book was this!?! I'm sure he did want his dad to get a lot of credit, because... it's his dad. But if he thought his dad did everything and Walt was worthless, why did he follow in his uncle's footsteps and go into animation instead of becoming a money guy like his dad?

Edit: By the time the second "Save Disney" campaign began, the stock price was already recovering from the hit that it took after 9/11, and actually went up during the campaign. It was about the style of the company, not just money.

11/28/03: 23.09 Roy resigned from the company on 11/30
3/5/04: 26.48 43% of shareholders oppose Eisner's re-election on 3/3
3/13/05: 27.59 Eisner announces his resignation

You can read Roy's resignation letter here. He specifically mentions building the theme parks on the cheap, looking for a quick buck instead of long-term value, and poor relationships with partners like Pixar.

This is why I think Roy Jr would be unhappy with the current path of Disney and why people in that video have it wrong. They are only looking short term at the stock price. What happens when there is nothing left to cut and you have to rely on the product to produce the revenue? If I recall, Roy Jr accepted Iger as the lessor of two evils. Iger was not Roy Jr 1st choice but accepted him.

Remember Iger pay is based on stock price. He will do anything to keep the stock price increase. Iger is all about buying other products to inflat the stock price, ie Pixar, Marvel, Lucas, etc.

 

[Cosmic Commando]

This is why I think Roy Jr would be unhappy with the current path of Disney and why people in that video have it wrong. They are only looking short term at the stock price. What happens when there is nothing left to cut and you have to rely on the product to produce the revenue? If I recall, Roy Jr accepted Iger as the lessor of two evils. Iger was not Roy Jr 1st choice but accepted him.

Remember Iger pay is based on stock price. He will do anything to keep the stock price increase. Iger is all about buying other products to inflat the stock price, ie Pixar, Marvel, Lucas, etc.

The book was titled Disney's World. As to why he decided to go into the animation division after he and his group threw Walt's son and law Ron Miller from the CEO position because the companies stock price was stagnant I don't have a clue. Maybe he did it to show that he could produce bigger grossing films then his famous uncle. I don't know the exact reason, all I know is I don't think Roy was the savior that he appeared to be. All I know is that the company is in trouble and the Disney name is not what is use to be. All Iger has done is purchased other companies and has done nothing to develop the Disney studio or Animation Division.

I was not involved in the second Save Disney campaign or anything, but I think in general when you want someone gone, you often don't look at the successor too hard. You just know who you hate and your primary goal is to get them out. I don't recall reading it before today, but Roy's resignation letter is a pretty awesome verbal smackdown. In a world where everyone leaves "to spend time with their family", holy cow he had some strong words for Eisner (link):
"In conclusion, Michael, it is my sincere belief that it is you who should be leaving and not me. Accordingly, I once again call for your resignation or retirement. The Walt Disney Company deserves fresh, energetic leadership at this challenging time in its history just as it did in 1984 when I headed a restructuring which resulted in your recruitment to the Company.
I have and will always have an enormous allegiance and respect for this Company, founded by my uncle, Walt, and father, Roy, and to our faithful employees and loyal stockholders. I don't know if you and other directors can comprehend how painful it is for me and the extended Disney family to arrive at this decision."

As for Iger, I don't totally hate him. While I do hate what WDW is becoming and the company does not seem to be creating as much of its own IP anymore, there's no reason those things have to stay the same once he's gone. Iger trimmed Disney's release schedule to 7-10 movies per year and THEN added Marvel and Lucasfilm and Dreamworks to the schedule. There's no room for Eisner's "singles and doubles" that people my age grew up loving; everything is a megamovie now. BUT I do think the Pixar acquisition was as much about getting their creative talent into TWDC as it was the movies. Also, I think the Pixar, Marvel and Lucasfilm acquisitions will all be absolutely amazing for the company for the next 50 years... but there's no reason that Disney can't be churning out product like they used to just because they made a few big purchases.

 

[Magenta Panther]

The book was titled Disney's World. As to why he decided to go into the animation division after he and his group threw Walt's son and law Ron Miller from the CEO position because the companies stock price was stagnant I don't have a clue. Maybe he did it to show that he could produce bigger grossing films then his famous uncle. I don't know the exact reason, all I know is I don't think Roy was the savior that he appeared to be. All I know is that the company is in trouble and the Disney name is not what is use to be. All Iger has done is purchased other companies and has done nothing to develop the Disney studio or Animation Division.

Hear! Hear! Iger's motto is: "Don't Aspire - Acquire".

 

[Computer Magic]

I have and will always have an enormous allegiance and respect for this Company, founded by my uncle, Walt, and father, Roy, and to our faithful employees and loyal stockholders. I don't know if you and other directors can comprehend how painful it is for me and the extended Disney family to arrive at this decision."

I remember this part sticking in my head back then. Telling Eisner is was my uncle and fathers company and I brought you in.

I still have a Save Disney bumper sticker around here some where.

 

[Walt 1901]

At this point I really wish the Disney family would come together and save the company that their parents or grandparents started. I believe the Florida property is being wasted. Universal and the other parks in the area should not even stand a chance to what I believe can be created on that land. Their is or was enough property their to create a vacation experience for all tastes that you would never have to leave the property. The company has neglected to utilize that asset to its full potential and as a stockholder I am please that my stock has risen, but furious the property is being sold off and wasted. What other company wouldn't kill to have one all that land and two be able to govern it by themselves.

 

[Magenta Panther]

oz isnt going to be good as the first but its going to be a ton better than the original sequel walt had in mind does anyone remember the patch work girl song and dance from wonderful world of disney

I saw it on Youtube. It was from the Mickey Mouse Club, and the Scarecrow and the Patchwork Girl were played by Mouseketeers. The bit hasn't exactly stood the test of time. I'm glad Walt gave up on the Oz movie.

 

[Walt 1901]

Is there anyone who knows of what if any involvement of the Disney family in the company. I would think that together they would have to be a large shareholder block. I just don't understand why Diane Disney or her kids are not more involved in the company her father started. I know there was some bad blood because of the revolt against her husband, but she came together to remove Eisner from power with Roy. Is there any hope that Walt Disney Miller may start becoming more vocal.

 

[Computer Magic]

Is there anyone who knows of what if any involvement of the Disney family in the company. I would think that together they would have to be a large shareholder block. I just don't understand why Diane Disney or her kids are not more involved in the company her father started. I know there was some bad blood because of the revolt against her husband, but she came together to remove Eisner from power with Roy. Is there any hope that Walt Disney Miller may start becoming more vocal.

There are others more knowledable then me on this subject, but I don't see Diane Miller having much to do with current Disney. She started the Walt Disney Musuem which centers the life of Walt. She doesn't talk much of the new Disney. Like I stated, I read she sold all her Disney stock.

I'm not sure what happen with Roy Jr. stock but Roy Pat Disney (Roy Jr. son) is the only person I see doing anything with current Disney.

 

[darthspielberg]

The sooner Iger leaves, the better. I am really hoping Oz bombs and NextGen falls flat on it's face.

Iger, who has overseen the succcessful purchase of Pixar, Marvel, and now Lucasfilm, is not going to be ousted because a movie tanks and a theme park technology doesn't work.

This board can both be hilarious and infuriating.

 

[PeterAlt]

The sooner Iger leaves, the better. I am really hoping Oz bombs and NextGen falls flat on it's face.

I hope Iger leaves too, but don't say you hope Oz bombs and NectGen fails flat on its face. Success in anything the company does will only help the company with anything else it does. Failure in anything will only hurt things, not help them!

That's like Republicans saying that they hope Obama fails. The fallacy with this logic is that if Obama fails, the country fails. As an American first, before party, we should hope that Obama succeeds. As a Disney fan first, we should hope that Iger succeeds, whether we like him or not. His success for the company will be something the next CEO (who we may love) could build on and capitalize. It would give the next CEO more power to do the things we want him to do!

 

[PeterAlt]

Eisner at his worst was better than Iger.

Wow