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A future in showbiz- Orange County Register- 6/15/05

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  • A future in showbiz- Orange County Register- 6/15/05

    Departing Disney CEO-turned-author Michael Eisner sees himself in movies, TV or theater, and praises replacement Robert Iger in interview (free registration required)

    Walt Disney Co.'s outgoing chief executive, Michael Eisner, said he's ready for a "fourth act" involving Broadway, television, movies or publishing, after more than 20 years leading the company.

    "I have an opportunity to do something theatrical," Eisner said Monday in an interview on "Charlie Rose," where he was promoting his new book, "Camp." Before taking over at Disney in 1984, Eisner led Paramount Pictures and helped run programming at ABC television network.

    Eisner, 63, is leaving Disney, the nation's second-biggest media company, amid a ratings rebound at ABC, increased traffic at theme parks and higher movie revenues. Eisner last year announced plans to retire in September after fighting off ouster attempts by former directors Roy Disney and Stanley Gold.

    "You have to be tough to sustain people trying to undermine your excellence and trying to get you to do things on the low road," Eisner said. "Continuing on the high road is very hard."

    Shares of Burbank-based Disney, up from a little over $1 in 1984, on Tuesday fell 12 cents to $27.64 on the New York Stock Exchange. The stock has risen 12 percent in the past 12 months.
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