DISNEY WINS SHAREHOLDERS SUIT
Outgoing Disney CEO Michael Eisner participates in a Hollywood Walk of Fame ceremony July 14, 2005. A court decision yesterday cleared the Walt Disney Co. in connection with a lucrative severance package given to former company president Michael Ovitz. Ruminating on Eisner, the ruling judge wrote: "By virtue of his Machiavellian (and imperial) nature as CEO, and his control over (Michael) Ovitz's hiring in particular, Eisner to a large extent is responsible for the failings in process that infected and handicapped the board's decisionmaking abilities. "Eisner," the judge continues, "stacked his (and I intentionally write "his" as opposed to "the Company's") board of directors with friends and other acquaintances who, though not necessarily beholden to him in a legal sense, were certainly more willing to accede to his wishes and support him unconditionally than truly independent directors." . (UPI Photo/Jim Ruymen/File
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Chicago Mayor Rahm Emanuel's political fund has attracted hundreds of thousands of dollars, with Hollywood accounting for much of the donations, records show.
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Nickelodeon said Tuesday it has ordered a second season of 20 episodes of its U.S. stop-motion animated series, "Glenn Martin, DDS."
Kevin Nealon, Catherine O'Hara and Judy Greer have signed on to lend their voices to the new U.S. stop-motion animated comedy series, "Glenn Martin, DDS."
Craig Ferguson, Penny Marshall and Stan Lee have agreed to appear on "CNBC's Conversations with Michael Eisner," the U.S. network announced.
The new Web hit "Prom Queen," funded by Michael Eisner's Los Angeles company, has already had 3.7 million views on Myspace.com. The flashy teen-aimed soap opera would fit in nicely on MTV or the CW, but with 80 episodes at just 90 seconds each, its true h
Former Walt Disney Co. Chairman and CEO Michael Eisner is host of a new bimonthly, prime-time interview show for CNBC, it was announced Tuesday.
Michael Eisner has made an earlier-than-expected departure from the board of Walt Disney Co.
A Delaware judge gave a highly qualified pass to Walt Disney Co.'s outgoing chief executive for paying a fired executive $140 million.
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