Michael Eisner faces a rough ride from investors as he tries to address the lacklustre performance of Disney's share price
Profits have dropped every year since 1997
And last year actually lost money
Theme park attendance continues its downward trend
And ABC
Disney's television company
Has the lowest ratings of any of the big three American networks
Last week a group of shareholders led by Herbert Denton met to discuss their concerns
They want to see changes in Disney's boardroom
There are quite a few on board who are wonderfully
Accomplished but not in corporate turnarounds
We have
You know
A theological leader
We have an educator
We have an architect
Etc
Etc
What I think is needed in these time and circumstances are industrial
Heavy
Heavy-duty industry grade turnaround types
Michael Eisner is likely to announce reduction in the size of the board but his own job is consider safe for now
There's been a lot of talk about Mr
Eisner being in jeopardy
I don't think that's the case
I think his position is secure
At least for the near term
These are hard times for media executives
Many have recently lost their jobs
And Eisner must be wondering how long he's got to work the Disney magic
Michelle Fleury
BBC News
New York
