Michael Eisner Art Quotations

Our results for the quarter and, by and large, for the entire year, tell two concurrent stories. The first is one of relatively soft overall operating results. The second story is the solid performance from a number of our core assets, reflecting the continued strength of our brands.

In a soft economy, Disney's overall performance continues to be solid, ... Our studio has added yet another quarter to a year of strong growth. At our parks, effective expense-management measures have largely compensated for the weaker attendance that we had anticipated.

The message that we are trying to get across here is we are conscious of how great our assets are and what they can generate. We feel strongly about our future position and this is the beginning of a series of conference calls we will do to articulate that, to help the markets have the same confidence we have.

We have the assets, we have the management, we have the size to chart our own course, ... I think we will be very successful.

Net income for the first three quarters of 2005 is nearly equal to all of 2004,

I wanted Bob to get on with it and start running the company as soon as possible. I'm glad the unnecessary distractions are over.

I remember the first time we stood in this spot. We were on the deck of a boat in the middle of what was then Penny's Bay, envisioning what could be, what would be, what will be. Six years later, through our dream partnership with Hong Kong government, the creative dream is now a reality. Hong Kong Disneyland stands before us as a living symbol of the creativity and imagination that are the heart and soul of Disney.

Management is not a science, it is an art.

We have no obligation to make history. We have no obligation to make art. We have no obligation to make a statement. To make money is our only objective.