As the Wall Street Journal reverently pointed out recently, media investors and analysts now view Disney not as a media company but as a global consumer products company.
His then-boss, Michael Eisner, brilliant but impulsive, had appointed Michael Ovitz as Disney’s president, prompting Ovitz, an unreformed agent, to close some huge talent deals in film and TV without consulting the appropriate division chiefs.
The Godzilla film franchise, which began in 1954, was rebooted with the films The Return of Godzilla (1984), Godzilla 2000 (1999), Godzilla (2014) and Shin Godzilla (2016).
Pictured here is a promotional image from Godzilla Raids Again (1955).
The Magic Kingdom, he instantly discovered, represented more chaos than magic.
Twenty years later, the Iger presence in Hollywood is anything but chaotic. honcho not only presides over the industry’s most respected company (in the eyes of Wall Street), but with Rupert Murdoch now passing the baton to his two sons, and Sumner Redstone in decline, Iger has assumed a stature in town unparalleled since the heyday of Lew Wasserman half a century ago.
Disney’s status as a sort of nation-state was reflected recently when the city of Anaheim had the temerity to propose a gate tax on Disneyland.