Wednesday, March 11, 2009
Some shareholders are upset because CEO Robert Iger won't sell the rights to release the miniseries, "The Path to 9/11": Disney CEO Drops F-Bomb at Shareholder Meeting - Iger's Nasty Comment to Investor Rooted in 9/11 Miniseries Controversy
Walt Disney Company CEO Robert Iger scowled at and said "f--- you" to Tom Borelli, director of the National Center for Public Policy Research's Free Enterprise Project, at Tuesday's annual Disney shareholder meeting.
Iger's remark came after Borelli told Disney shareholders about Iger's refusal to sell the DVD or the distribution rights of the miniseries "The Path to 9/11."
Borelli had just ended his presentation and was attempting to shake Iger's hand on his way back to his seat. Iger, who was sitting in the audience at the time, also refused to uncross his arms and shake Borelli's hand. Borelli, who had received applause from fellow shareholders after his presentation, went back to the podium and precisely reported to his fellow shareholders what Iger had just said, to gasps from the assembled crowd. Borelli then sat back down.
"The Path to 9/11" is a miniseries based on the federal "9/11 Commission Report." The miniseries aired in 2006 on the Disney-owned ABC television network. The shareholder meeting was held at the Paramount Theatre in Oakland, California.
"So much for the family-friendly Disney reputation," said Borelli. "Shareholders have a legitimate concern about the political and financial implications of Iger's actions. It wasn't until today that the depths of his contempt were revealed."...
Walt is spinning in his grave. A perfect repudiation to the Marxist construct that says economics explains everything. Ideology is real, and sometimes it trumps money concerns.
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