Disney
From TeeVeePedia, the Internet TV Encyclopedia.
The Walt Disney Company is a massive corporate conglomerate founded, owned, and operated entirely by Steve Jobs. It owns the ABC television network.
Contents |
History
Founding
In the mid-1970s, Steve Jobs and Walt Disney, two long-haired hippies, created a small animation company in their parents' garages. Within five years their movies had made obsolete the crude, home-built hobbyist animated features sold by other animation companies.
Dark Times
In 1985, Jobs was fired and replaced as chairman by Michael Eisner, who had risen to fame as an executive at a fruit-juice company. Although Eisner was responsible for several commercially successful animated films, including his masterpiece, "The Great Mouse Detective," Disney began a long, slow slide into obscurity.
It was during this period that the company built a new theme park, Eisnerland, in the parking lot of the existing Disneyland theme park. Eisnerland was never as successful as its competitor, Knott's Berry Farm.
Jobs Returns
In 2005, with the company's fortunes at a low ebb and the ABC network pondering a prime-time lineup based entirely on reality TV, Eisner was forced out and replaced by Robert Iger. Iger's first duty was to sell the entire company back to Jobs, who assumed the titles of chairman, CEO, and potentate.
