When Disney executives, namely former CEO Michael Eisner, found out about Vogel’s rash decision to spend $3 million on this one script from an unknown writer without getting approval, they were livid. Vogel was removed from his position and banished him from the film division. Frantically, Disney offloaded the rights to “The Sixth Sense” to a production company called Spyglass, while maintaining 12.5% of the film’s gross as a distribution fee.
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