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Disney to Reshuffle Management at ABC (AP)







Disney to Reshuffle Management at ABC
(AP)

Disney to Reshuffle Management at ABC
(AP)
04/11/2004 02:27 PM

AP - The Walt Disney Co. is planning a management shake-up at its fourth-place ABC network to stem a ratings slide and placate dissatisfied investors. The moves include the departure of Lloyd Braun, who has served as chairman of the ABC Entertainment Television Group since 2002, according to company sources familiar with the matter.




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1. The failure to bring back ABC Prime Time from the ratings abyss it has been in for years and your inability to program successfully the ABC Family Channel. Both of these failures have had, and I believe will continue to have, significant adverse impact on shareholder value.

2. Your consistent micro-management of everyone around you with the resulting loss of morale throughout the Company.

3. The timidity of your investments in our theme park business. At Disney's California Adventure, Paris and now in Hong Kong, you have tried to build parks "on the cheap" and they show it and the attendance figures reflect it.

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Grok Description matches for Disney to Reshuffle Management at ABC (AP)
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Disney to Reshuffle Management at ABC (AP)

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