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Michael Eisner: 'ABC Makes Money on News'
TV Newser ^ | September 15, 2010 | Alex Weprin

Posted on 09/15/2010 5:49:21 PM PDT by Beaten Valve

Disney CEO Michael Eisner was a guest on "Your World with Neil Cavuto" this afternoon on Fox News. Eisner, who left Disney in 2005, spoke to Cavuto about the departure of ABC News chief David Westin, whether the network should keep its news division and even "CBS Evening News" anchor Katie Couric.

Cavuto: I was thinking of ABC because David Westin, the ABC news chief is stepping down, and some say that ABC might disband the news division, what do you think?

Eisner: I don't think that is true frankly, and David leaving is not a result of changes in the world. He decided to do something different than what he had been doing for a long time.

But the world is changing, you are wearing a watch, your kids probably are not. I ask my kids what time is it and they look at their iPod or their phone or blackberry. The things we grew up thinking are part of our body -- newspapers, commodities, sports, information -- are now everywhere, and the things that are unique are the brands, the one of a kind, movies, television shows.

Cavuto: If you were to advise your successor, Bob Iger, would you tell him ABC doesn't need news?

Eisner: No, no, I certainly wouldn't tell him that, and I certainly wouldn't tell you that I would tell him that. How unpopular could you be!

[Laughter]

ABC Makes money on news. When I worked at ABC in the 60's we did not make money in news. Then in the 70's and 80's they made more and more and in the 90's we made more. And they are still making money on news. It is not black and white but it is a different world.

Cavuto: Would you pay Katie Couric $15 million a year to read the news?

Eisner: Maybe I would pay her to play for the Yankees, I don't know. She is very good at what she does, but I can't tell you what I would pay her.


TOPICS: News/Current Events
KEYWORDS: abcnews; michaeleisner; neilcavuto
Well I guess if it's only $1.00/yr. then yes, they are still making money...
1 posted on 09/15/2010 5:49:26 PM PDT by Beaten Valve
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To: Beaten Valve

Quick ! Someone notify that guy that keeps posting that the MSM is on a deathwatch. He isn’t gonna like this much.


2 posted on 09/15/2010 5:57:09 PM PDT by stevecmd
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To: Beaten Valve
ABC Makes money on news.

I believe it.

I'm sure disseminating liberal democrat propaganda profits the leftists at ABC in some manner.

3 posted on 09/15/2010 5:59:04 PM PDT by skeeter
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To: skeeter; All

ABC Makes money on news.

Not true. There is NO NEWS on ABC. Merely propaganda.


4 posted on 09/15/2010 6:09:51 PM PDT by Thom Pain (2 + 2 = 4 : Defending the Constitution is CENTRIST; not RIGHT WING! Don't be labeled!)
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To: Thom Pain
I've been listening to ABC's crap for years, mostly because they have a monopoly on talk radio news.

You're right, its not news. Its barely literate leftwing spew.

5 posted on 09/15/2010 6:12:33 PM PDT by skeeter
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To: Beaten Valve

“ABC Makes money on news.”

Not directly off me. I never watch them and refuse to participate in anything Disney. But call me when the sound of their unbiased news is greater than a mouse fart or when Charlie Gasparinio says they do.


6 posted on 09/15/2010 6:22:38 PM PDT by SanFranDan
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To: Beaten Valve

ABC is still on the air??

I haven’t watched that channel since 2003.


7 posted on 09/15/2010 6:29:28 PM PDT by KosmicKitty (WARNING: Hormonally crazed woman ahead!!)
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To: Beaten Valve

how silly it is to have “ABC” and “news” in the same sentence.

“ABC” & “extreme leftist opinion” makes total sense.

ABC doesn’t deliver news.

they don’t even know what news is...........


8 posted on 09/15/2010 6:31:58 PM PDT by mreerm
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To: Beaten Valve

just like a Playboy centerfold makes money on fake breasts...


9 posted on 09/15/2010 6:37:35 PM PDT by citizencon
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To: Beaten Valve
"ABC Makes money on news."

How could he know unless they were to try reporting some?

10 posted on 09/15/2010 6:42:34 PM PDT by Hunton Peck (0bama: Captain 0blivious)
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To: Beaten Valve

ABC=Always Bull Crap


11 posted on 09/16/2010 12:25:07 AM PDT by WKUHilltopper (Fix bayonets!)
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