Disney shareholders say no to safety reports

Posted Tuesday, February 19, 2002 7:31 PM | Contributed by Jeff

Among other issues defeated, Disney shareholders chose not to have the company prepare a special report on the safety of their theme parks. Disney's annual shareholder meeting was held yesterday.

Last August, Harrington Investments Inc., an investment firm holding 5,000 shares demanded that such action be put to a vote for all shareholders.

Read more from the Orlando Business Journal.

Wednesday, February 20, 2002 8:38 AM
I am disapointed I missed the meeting, but I had to attend school yesterday.  I have been to previous meetings in the past, the best being the one's at Disney world. (They even handed out free 1 day passes) My father attended thge meeing and proclaimed that it was not one of the most interesting shareholder meetings for Disney. I asked him about the decrease in themepark attendance and also the lost in television revenue from ABC, he said Eisner talked very little about the slumping attendance at the park. That was kind of expected since he should focus more on the postive aspects of the company since it is a shareholder meeting, and it is necessary to keep the shareholders optimistic about the company. Anyways, very little information about the parks was brought up, although the addition of the ToT to DCA was talked about. there was no mention of a coaster addition to AK but that seems to be a few years off.
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Wednesday, February 20, 2002 1:08 PM
Thats fine with me. Most of the bad stuff that happens is caused by GUEST MISCONDUCT.

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Your village called. They're missing their idiot.

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Wednesday, February 20, 2002 3:44 PM
Wow.. that was fast! I placed my vote yesterday, in the morning( had to be in by 11:59 AM EST).

I voted to keep safety reports private.

It was good to see that Eisner has faith that the parks will start to bring in more profit. In his letter to the shareholders, he spent a few paragraphs explaining part of what they want to do. Mostly it seems like Disney wants to focus on ABC more(since their primetime ratings have been down).

-Andrew Hyde
http://www.experiencethepoint.com

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Wednesday, February 20, 2002 7:24 PM
Safety Records aren't really a huge deal because most of the injuries are caused by guests anyway, and this way the media can't go and overblow every tiny incident that happens on a ride.

Besides, Disneyland's safety records have to be shown in the state of California anyway.

It was funny, Kathy Fackler had something to say about this for the Orange County Register.  Not surprisingly...

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Xcelerator-
0-82 in 2.3 seconds! =Wow!

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Thursday, February 21, 2002 9:53 AM
Hey Coasterfanmatt what did she have to say to the Orange County Register? Why is it that she always has thrown in her two cents???
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It's conflict that shows who a person really is!
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