Arvida, the First Disney Acquisition: A Turning Point for the Company
Description
Long Before Pixar, Marvel, LucasFilm, 20th Century Fox and even ABC disney Acquired Arvida! In this episode of "Synergy Loves Company," we delve into the intriguing history of Disney's first major acquisition under CEO Ron Miller, Arvida. We explore how this acquisition came about as a defensive strategy against corporate raider Saul Steinberg and how it ultimately led to Miller's ousting. We take a look at Walt Disney's original philosophy against acquisitions, Ron Miller's innovative ideas such as the Disney Channel and Touchstone Pictures, and how these ideas were ahead of their time. We also discuss the involvement of the Bass Brothers, the role of Roy E. Disney, and how the failed Arvida acquisition shaped the Disney Company's future, including the creation of the Disney Development Company. Finally, we touch on how subsequent acquisitions under leaders like Michael Eisner and Bob Iger defined the company's modern growth. Tune in to uncover how these pivotal events contributed to Disney's legacy.
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