Wednesday, June 02, 2004

Disney's Eisner Stands Behind Miramax

Disney's Eisner Stands Behind Miramax: "CEO Michael Eisner made clear Wednesday that Disney's Miramax Film subsidiary was an integral part of the company.
But as for Miramax's chiefs -- co-chairmen Bob and Harvey Weinstein -- well, that's another story.
Eisner's declaration of attachment to Miramax came as he defended once again his decision not to distribute Fahrenheit 9/11, the anti-President Bush documentary produced by Miramax and directed by filmmaker Michael Moore.

Whatever box-office payoff might come from distributing the film, Eisner suggested Wednesday, wasn't worth the costs of potentially offending a substantial portion of the U.S. population, and having those would-be customers take out their anger on other Disney businesses.

'It has nothing to do with censorship,' Eisner told investors at a Sanford C. Bernstein conference in New York, in a question-and-answer session that was audiocast over the Internet. 'I still think it's the right decision, and would make it again tomorrow.' "

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