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Disney Started Modestly, Too

Dec. 30 2008, Updated 12:56 p.m. ET

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There was a time when, as the head of the Disney empire, Michael Eisner was one of the most powerful men in show biz. Now, the 66 year-old is reinventing himself.

For the last 3 years the former titan has been hosting a monthly TV series on CNBC, Conversations With Michael Eisner, which offered chats between media movers and shakers.

He said that canceling the show was his choice: he wants to devote his time to various media enterprises, in particular Vuguru, the 6 month-old production company that produces the internet hit Prom Queen among others.

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"As the internet continues to evolve, Vuguru remains committed to producing quality content and finding new and exciting ways to enhance the storytelling experience," he said.

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