This is from today's New York Times, and paints a pretty ugly picture of Michael Eisner. Sit back and enjoy it.
October 27, 2004
Ovitz Testifies He Was Sabotaged at Disney
By LAURA M. HOLSON
GEORGETOWN, Del., Oct. 26 - Michael S. Ovitz, the former president of the Walt Disney Company, vigorously defended his 14-month tenure on Tuesday, saying his efforts to expand and improve the company were undercut at nearly every turn by recalcitrant senior executives and the man who lured him there, Michael D. Eisner, the chief executive.
Mr. Ovitz was a witness in the trial of a lawsuit filed by Disney shareholders, who contend its board of directors breached its fiduciary responsibility when Mr. Eisner hired Mr. Ovitz as president in 1995 and then signed off on a severance package valued at $140 million 14 months later.
Mr. Ovitz, who waved to reporters in the back row when he entered the courtroom, spent much of his four hours of testimony describing how his vision for a substantially different Disney was thwarted. To bolster Disney's relatively weak Hollywood Records division, he said, he tried to sign the pop singer Janet Jackson and explored acquisitions of or joint ventures with the EMI Group and Sony Corporation's music operation. Mr. Eisner rejected those prospective deals as too expensive, and then used Hollywood's poor performance as a reason to fire him, Mr. Ovitz said.