Disney cuts chairman's bonus to zero; company says net income goal wasn't met
Article Abstract:
Michael D. Eisner was denied his annual bonus for fiscal 1999 and the cover stock of Walt Disney Co.'s annual report is lighter for cheaper mailing costs to investors. The company needs to remain focused on cost-cutting and returning to a 'growth track.' The only other year Eisner didn't get a bonus since 1984 was in 1993. In 1995 his bonus was $8 million plus almost $6 million in stock; in 1997 he received a bonus of $9.9 million and in 1998 it was $5 million.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Media Bigwigs Spar Over Access. Time Warner-Disney Battle Signals Growing Importance of 'Broadband'. 'Content Is King' No More as Power Shifts to Distribution
Article Abstract:
Walt Disney Co. changed its view of the importance of cable companies, and now opposed the Time Warner/AOL merger, resulting in growing animosities between the companies.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Disney sites to offer larger space for ads
Article Abstract:
Web sites owned by Disney will offer "The Big Impression"--Internet advertising which will be larger than banner ads and can remain in place for longer periods of time.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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