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Disney or doesn't he? Face value.(Face value: Disney's Michael Eisner)(Brief Article)(Statistical Data Included)

Economist (US), The, January, 2002

Big losses have caused long faces at the happiest place on earth. Can Michael Eisner put things right?

WHO wants to be a millionaire? The top prize on the television quiz show, produced in the United States by the ABC network, still sounds like pretty good money, despite the waning interest of American viewers in the programme. But for Michael Eisner, chairman and chief executive of Walt Disney, which owns ABC, the $1m he earned last year, his 17th at the group's helm, amounted to a 90% pay cut. Thanks to Disney's poor financial results, the board did not award Mr Eisner any bonus for 2001. In 2000, when "Who Wants to be a Millionaire?", then the most popular show on television, had contributed to a bumper year for Disney, he received $11.5m on top of his...

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