Liz, what's your (insider?) perspective on this?
The truth was Disney was bleeding bigtime, especially when Eisner started hiring homoes by the dozens, celebrating Gay Days at Disney, and began liberalizing Disney's movies.
Anmrican familes could no longer trust Disney to handle its children with care.
While Mikey and his homo cabal made the numbers look rosy, the parks were losing money ---- in some areas of the parks, there was no traffic, at all.
Now the chickens are coming home to roost ..... Bob Eiger inherited from Eisner a lot more than he bargained for.