Ebook Disney War, by James B. Stewart
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Disney War, by James B. Stewart
Ebook Disney War, by James B. Stewart
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Amazon.com Review
James Stewart has done it again. The author of the mega-bestselling Den of Thieves, about the 1980s insider-trading scandals on Wall Street, and Bloodsport, the 1990s tale of the Clintons' Whitewater affair, now gives us another epic story, this one culminating in late 2004. With DisneyWar, Stewart turns his investigative and storytelling lens on Michael Eisner and the corporate intrigue which has overtaken the Walt Disney Company in the last decade. He explains how this once-proud institution, long one of America's most admired and well-known businesses, has stumbled in recent years amid a disastrous swirl of egos, personalities, and bad business decisions. Like one of the roller coasters at DisneyLand, Stewart's epic book takes readers through a wild up-and-down ride as it describes Eisner's regime as CEO. The tale begins with Eisner's early successes rejuvenating Disney's live-action movie franchise and theme parks, the kickoff of the modern animation era with blockbuster hits like The Lion King and Beauty and the Beast, and the cultivation of a highly talented cadre of lieutenants, which reads like a Who's Who of executive talent now dispersed across the Fortune 500: Stephen Bollenbach (Hilton Hotels), Steve Burke (Comcast), Geraldine Laybourne (Oxygen Media), Richard Nanula (Amgen), Joe Roth (Revolution Studios), and so on. Stewart makes clear that Eisner has had a major eye for strong creative content himself, both as a young executive in his pre-Disney years at ABC and at Paramount Pictures and more recently in building partnerships like Disney's extremely lucrative one with Pixar. Just as he credits Eisner for various Disney successes, though, Stewart assigns blame for the failures, too. The thoroughly researched 534 pages of DisneyWar make clear that his overall verdict on the CEO is negative. Much of the book describes detailed and specific interactions between Eisner and his rivals. Readers interested in the entertainment industry or in the personalities which drive it will not be disappointed. The blow-by-blow accounts of Eisner's feuds with Dreamworks SKG founder Jeffrey Katzenberg, who was his chief aide for nearly two decades, and Michael Ovitz, the superagent from CAA who had been friends with Eisner for even longer than that, are amazingly detailed. They show Eisner to be creative, funny, and charming when he wants to be--and devious, dishonest, and horribly Machiavellian when he doesn't. Though dispassionate in his writing, Stewart assembles a withering portrait of Eisner as a grasping, self-centered, manipulative, and ultimately self-destructive executive. He shows how the Disney CEO has consistently undercut his potential successors within the company, in many cases drawing on Eisner's own writings and conversations with board members. He shows how Eisner's erratic attitude towards paying severance to former employees--in some cases being overly stubborn (as with Katzenberg, to whom he had a chance to close out for $90 million, but whom Disney ended up paying $280 million) and in others being shockingly lenient (as with Ovitz, who received a $140 million golden parachute after one relatively ineffective year at the company). He shows the overreach of grandiose projects like Euro Disney, and the missed opportunities like Lord of the Rings, Sopranos, and Survivor, on all of which Disney passed. In the end, Stewart has returned with DisneyWar to what he does best: drilling into a murky and complex subject, capturing an enormous amount of detail through personal interviews, emails, memos, court records, and other data sources, and then weaving together a rich tapestry of people and events to bring others to the same conclusions he has clearly reached himself. Though some readers might tire of the reams of detail Stewart offers--at certain points, the book reads like a gossip rag, with intricate he-said, she-said accounts of individual meetings--most will enjoy it. Beyond the entertainment value, this book also has serious value to students of corporate governance, as it presents a scathing portrait of Disney's captive board of directors and shows what happens with the lack of proper CEO oversight. --Peter Han
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From Publishers Weekly
Starred Review. The most explosive chapter of this exceptional, much-anticipated book may be its last, wherein Stewart (Den of Thieves, etc.) indicts Disney chief Michael Eisner on multiple charges: "Eisner squandered Disney's assets" [and] "committed personnel and judgment errors which... in the vitriol and publicity they generated, are without parallel in American business history." Eisner, Stewart finds, is a "Shakespearean tragic character" whose fatal flaw is "dishonesty," which in the author's view led directly to the ruptures with Steve Jobs (Pixar) and the Weinstein brothers (Miramax), the Disney Company's most important partners, and to former animation head Jeffrey Katzenberg's successful $280 million suit against Disney for moneys owed upon his firing. Stewart's DisneyWorld is a land riven by naked ambition and its necessary consequence, hubris, as during his reign (1984–present) Eisner left behind "a trail of deeply embittered former employees."One of Eisner's many achievements—Stewart tosses his subject petals as well as thorns—was the construction of the Team Disney headquarters in Burbank, buttressed by towering models of the Seven Dwarves; but there's no real place for Happy in the Disney world that the author portrays with unflagging precision. Stewart smartly frames his book with personal experience, opening with a description of his difficult training and inept performance in a Goofy suit at DisneyWorld, and closing with several encounters with Eisner (who, amazingly, cooperated with the book in part); at one, Eisner explained to Stewart that "Disney" is a French name, and that a Frenchman would pronounce the name D'Eisner as "Disney." Stewart understands the medieval nature of corporate life and presents business as a clash not only of ideas but of personalities. With a dream cast that includes Katzenberg and fallen überagent Michael Ovitz—both of whom come off no worse than Eisner, which is faint praise—plus heir apparent Robert Iger and ultimate Eisner nemesis Roy Disney (the book's hero, if there is one), Stewart has an astonishing story to tell. His notable accomplishment is that he tells it so well. The book is hypnotically absorbing—nearly 600 dense pages drawing on an impressive array of sources to build what reads like an airtight case against Eisner's leadership. There's much more craft than art here—Stewart's prose and approach are meticulous but lack the empathy and deep insight that can make a character truly Shakespearean; this is journalism told not with a novelist's eye but with a master journalist's—yet that craft is expert throughout and will help thrust this book toward the top of national bestseller lists. (Feb.) Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
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Product details
Hardcover: 592 pages
Publisher: Simon & Schuster; First Edition edition (February 11, 2005)
Language: English
ISBN-10: 0684809931
ISBN-13: 978-0684809939
Product Dimensions:
6.3 x 1.7 x 9.7 inches
Shipping Weight: 1.8 pounds (View shipping rates and policies)
Average Customer Review:
4.3 out of 5 stars
195 customer reviews
Amazon Best Sellers Rank:
#425,716 in Books (See Top 100 in Books)
Interesting and eye opening read. Disneyland may be the happiest place on earth but Disney corporate seemed far from it. I found myself laughing at some of Michael Eisner's antics, although I am sure his former colleagues failed to see the humor. I would have loved to read more about the development of The Little Mermaid, Aladdin, Beauty and the Beast and the Lion King. At 620 pp, I wouldn't have minded 20 more pages covering these movies.
Great book but it was so detailed that it was a very slow read. I got about halfway through and decided to do the free 30 day audible trial to listen to the second half as an audio book. It was a great choice, I wish I had just listened to the entire book.
A good read, and certainly one I couldn't put down (my backlog of daily blog reading suffered over the 3 days to finish it). Lots of details, leading to quite a few changed impressions (and, after only really knowing Ovitz's history as a bit of a jerk in negotiations as an agent, particularly from the Leno-Letterman era, found him to be a much more sympathetic character in this part of his life).About my only complaint is the moment it stopped, right in the middle of Spring, 2005 - I was hoping for a little more of an epilogue on Iger's successful transition and the subsequent recovery of Pixar (and ultimate loss of Miramax), as well as a bit of a conclusion to the building story of ABC's turnaround and Iger's focus on the parks. While the book talks about Iger's roles up to that point, it does little to connect the dots between his past support for Eisner in all things and his subsequent tremendous success as a leader once out of that shadow, since that hadn't happened at the time of publication.
Stewart does a thorough job of covering the rise and fall of Michael Eisner. His telling of the progress of the Disney empire from 1984 to 2004 is interesting and thought provoking. If you are a fan of the Disney brand and are interested in Eisner's abilities to revilize the company and build the empire, this is worth the time. I found Stewart to be an interesting storyteller and his ability to keep my interest in the business side was exceptional. The last ten years of Eisner's reign is reminiscent of Macbeth, maybe because I happen to be in the middle of teaching the play to my students; but, the parallels are similar and intriguing. The book was written in 2005, so you will be left wanting. I would be interested to see Stewart's take on the rise of Bob Iger and just how he was able to come into a fractured executive environment and be successful.
Michael Eisner was bored at Disney to save the company back in the 1980s. And during the beginning of his tenure, he helped usher a turnaround that’s laudable, though in large part due to changing times and technologies. Over his 20+ year career there, his ego seemed to grow, and he was forced out by the Disney heir and a board who were long afraid to do anything. This book has all the intrigue of political drama, art in the “happiest place on earthâ€.
I was surprised by this book. Even thiugh I haven’t finished it, I wasn’t expecting to he caught by all the facts that are oresented in this book. My general assumption about Disney was that they were a flawless organization, just like their image and theme parks. Love what I’m reading so far and this is the first book I’ve read from the author, so I’m definitely looking into his other books when I'm done reading this!
This is a very thorough history. My only regret is that it didn't continue through the end of the Eisner era and tell the story of Eiger's ascension. This is a case for a 'live book' that the author could update (at least a Kindle edition)!
I love books about corporate drama and this book scratched the itch. Eisner comes off as ruthless and extremely paranoid. Eisner contributed heavily to Disney's success but It was fascinating to read about Disney rising from the ashes almost in spite of Eisner's manic paranoia at times. The book ends in 2004 when Eisner submitted his letter of resignation to the Disney board. In the interim 12 years, Bob Iger has replaced Eisner and bought Marvel and Star Wars, would love to read a sequel about Iger's tenure. If you liked Shoe Dog or the Jobs biography, you will love this book also.
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