Disney's Eisner: Muppets' price tag "not realistic"
EM.TV wants to complete sale by Spring 2002
of the Associated Press
If Walt Disney chairman Michael Eisner has his way, Kermit the Frog will be joining the cast at the Magic Kingdom.
But Eisner told the German newsmagazine Focus in an interview released Thursday that The Jim Henson Co., maker of the Muppet Show and Sesame Street, is up for sale at a price that "is not realistic."
in talks with the German firm EM.TV, which bought The Jim Henson Co.,
for $680 million in February 2000. "But you can tell them they can
give me a call," Focus quoted him as saying.
EM.TV purchased The Jim Henson Co. as part of an expansion drive that included the acquisition of half of Formula One motor racing a month later.
Shares in the Munich-based company subsequently collapsed as losses and debt mounted, forcing a bailout by the Kirch Group and the sale of most of its Formula One stake.