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*Is this the worst news that Michael Eisner has had since being told he needed quadruple-bypass surgery, or what? It ain't the best. "The first call I got was from Michael Eisner, who couldn't have been more gracious and excited," Katzenberg said at the press conference announcing the studio. "Did you believe him?" asked a reporter. Katzenberg chortled for a moment but stopped. Publicly, at least, he's refusing to have the last laugh. Yet.

Originally posted Oct 28, 1994 Published in issue #246 Oct 28, 1994 Order article reprints
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