Roy Disney.......sells out!!

So I got the SaveDisney.com email today and it seems that good ole Roy sold out. Says he dropped the lawsuits and everything. Now he is a consultant for the company. Kind of sad to me. Seems to me that he completely sold out. The company must have given him a lot of money for him to back down. All the info is on www.savedisney.com What do you think Jim....Hope to see a weekend article on this. Kind of funny they do it on a Friday evening, again.

He got Eisner out. Mission accomplished. Now he's joining to help restore his Uncle's vision. How is that selling out?

*** Edited 7/9/2005 4:57:51 PM UTC by Mamoosh***

I thought the same thing as moosh..

Because Iger was someone that Roy did not want as well. Roy was suing the company because they did not do a correct job finding a new CEO. Yes he wanted Eisner out, but that wasn't his entire mission. He wanted a new board and all. I do not feel like he really got his full mission accomplished.

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Mamoosh said:
He got Eisner out. Mission accomplished. Now he's joining to help restore his brother's vision. How is that selling out?

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Actually, Walt Disney was this Roy's ("Roy E.") uncle. Walt's brother was Roy O. Disney (Roy E's father) who died in 1971. Roy E. is an only child...

I've read WAY too many Disney history books :-)

I think the simpler explanation is that he accomplished everything he can accomplish. The stock is performing reasonably well, and the institutional investors are happy with the current oversight/management. There's no more leverage---even a substantial number of rabid mouse fans thought he should have called it a day months ago.

Yeah, now Eisner is out and Roy is on the board. He'll once again have a direct affect on the decisions made by the muckety-mucks. Sell-out? Not by a longshot. The fact that he got this much accomplished is an incredible feat.

Getting Eisner out was his MAIN goal....mission accomplished. Roy being BACK on the board means even those of us who aren't "rabid mouse fans" (LOL!) will recognize the changes made in the next 6-12 months. Walt's vision WILL be restored, and the future of Disney is once again headed in the right direction.

Sell out? Nah, I'm VERY happy for Roy, and proud of him for sticking to his principles...and those of Walt! Congratulations Roy! Glad *I* signed on...

Yay!

The funny thing is that, financially, the company was in good shape in the first place in the post-9/11 recovery. Roy was just pissed because hugs and kisses weren't part of the recovery.

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Getting Eisner out was his MAIN goal....mission accomplished.

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Yeah, but I don't think the Save Disney campaign had much, if anything, to do with it. Wasn't Eisner's deal up next year? So he bowed out a year early, no biggie.

Roy whined his way back into a consultant position and Eisner retired a year early.

If any major changes happen in focus in the future it'll probably be more of a direct result of Iger than the courtesy phone calls Roy gets.

I don't necessarily think Roy 'sold out' but he certainly settled.

(disclaimer: this opinion comes from someone only remotely interested in the whole shebang, take it as such :) )

I think it was good for both parties with the 50th Anniversary going on right now. The feud was bad PR...if nothing else. I've got no problem with Roy being more active with the company.

He was instrumental in bringing Eisner and Wells to the company to begin with which, contrary to critics, was a wise move. Eisner and Wells did more for the Disney Company than anyone since Roy and Walt.

Put me in the mission accomplished crowd. It doesn't really matter how it came about, point is the company has already changed starting about a year ago.

Eisner? Taken care of
Lack of rides at Hong Kong? Being addressed
Disneyland upkeep? Looking good again

It's clear that things are turning around. It would be hard to keep complaining about something, when your complaints have been answered!

The way the stuff you describe is planned, it was already in the works for at least a year, likely several years. Roy had nothing to do with it.

My thoughts as well.

Save Disney didn't even exist a year ago. If the changes started then, then they accomplished nothing other than spinning events that would've taken place either way into looking positive.