Former Disney CEO Michael Eisner told The NY Post that he’s giving up hosting "Conversations with Michael Eisner" to concentrate full-time on his investing activities.
"It has been a pleasure doing the show, and I’ve gotten great support from the talented people at CNBC," Eisner told the paper. "But my obligations to the Tornante Co. have made it difficult to put the kind of time into the show that’s necessary, so I’ve decided not to continue with it past the March airing."
Through Tornante, Eisner has investments in the Topps baseball-card company and video-sharing Web site Veoh, among other assets. He’s also developed a hit Web series called "Prom Queen," and is working on a new series for Nickelodeon called "Glenn Martin DDS."
"Conversations" debuted on CNBC in March 2006, just a year after a bruising public battle with shareholders Roy Disney and Stanley Gold, and a hostile takeover attempt by Comcast forced Eisner out at Disney.
The show was heavily promoted but never gained ratings traction, averaging about 100,000 viewers per episode.
Though Eisner won’t tape any more new episodes of the show, there are enough in the can for CNBC to squeeze another three or four months’ worth of episodes out of the series, said the article.