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Nelson Peltz Targets Disney Director Michael Froman in Proxy Battle Disney’s activist investor has found his target. Nelson Peltz, the Trian Management founder who is leading a proxy fight against the entertainment company, is targeting Disney board member Michael B.G. Froman in the battle. On Thursday, Peltz’s firm released a proxy form and began messaging…
Bob Chapek’s Disney Severance Deal Valued at More Than $20M, 2022 Pay Package Was $24.2M In what turned out to be his final full year as CEO of The Walt Disney Co., former CEO Bob Chapek earned $24.2 million in total compensation during the company’s fiscal 2022 year (ending Sept. 30), down slightly from 2021,…
Disney Hit With Antitrust Suit Over Live Streaming TV Prices An antitrust lawsuit has been brought against The Walt Disney Company in a case that targets the entertainment monolith’s dual role as a content supplier and distributor in business dealings. Disney operates Hulu, the country’s second-largest live streaming pay TV provider, while also controlling ESPN….
Inside the Disney Board’s Decision to Swap Bobs The day after Disney shocked Hollywood by unceremoniously dispatching Bob Chapek as CEO, sources with ties to the company say discontent among some board members had been building to the point that there was discussion about replacing Chapek as far back as the directors’ late June meeting…
Bob Iger Returns as Hero in Waiting to Save a Battered Disney While top executives Dana Walden and Craig Erwich were expecting to spend their Sunday evening enjoying the AMAs followed by the Elton John farewell concert at Dodger Stadium, the stunning news that Bob Iger was returning as CEO of Disney while Bob Chapek…
Disney Shocker: Bob Iger Returning as CEO, Bob Chapek Exits In a stunning turn of events, The Walt Disney Co. says that Bob Chapek will step down as CEO, with Bob Iger returning to lead the company. Disney’s board of directors announced the decision Sunday night. “We thank Bob Chapek for his service to Disney…
Bob Chapek Talks Disney Streaming Profits: “Our Investors Expect Us to Have a Return on That” Bob Chapek is pivoting toward profitability, even as he continues to prepare The Walt Disney Co. for an uncertain digital future. With shares in the company falling on Wednesday after it missed Wall Street estimates (but added more Disney+…
Shanghai Disneyland Locked Down Again Over COVID, With Guests Trapped Inside The Walt Disney Co.’s flagship Shanghai Disney Resort abruptly closed its doors on Monday in response to China’s strict COVID-19 prevention measures, with all guests at the time of the announcement required to stay inside the park until they could present a negative test…
“#Disney+ adds a stronger warning ahead of films with racist stereotypes” Credit: Walt Disney Pictures Disney has quietly introduced a new disclaimer to some of its films. When you start watching these films, you’ll be treated to an unskippable content warning, informing you that the film will contain “negative depictions” of certain people and cultures….
“#Disney Primary Focus Shifts to Streaming Amid Big Reorganization – /Film” A new press release contains a potentially intriguing roadmap for The Walt Disney Company’s future. Today, Disney announced a reorganization within the company – mostly boring stuff about who reports to whom. But amid all of the financial buzzwords and internal mumbo jumbo about…