In the company’s first earnings report since Bob Iger returned as C.E.O., it exceeded Wall Street’s expectations. But thousands of employees are expected to be laid off.
Category: Peltz, Nelson
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With Traditional TV in Free Fall, Disney Looks to Cut Costs
The New York Times – Business: -
Disney’s Iger Returns to Familiar Stage, but With Different Challenges
The New York Times – Travel:The company reports quarterly earnings on Wednesday, and Wall Street is expecting it to lay out a new streaming strategy and operating structure.
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Disney Says Investor Seeking Board Seat ‘Does Not Understand’ Company
The New York Times – Business:In a security filing, Disney was harshly critical of Nelson Peltz, saying he had “no strategy, no operating initiatives, no new ideas and no plan.”
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Disney Pushes Back Against Nelson Peltz’s Quest for Board Seat
The New York Times – Business:Nelson Peltz wants the company to revamp its streaming business and focus on increasing profits. Disney wants shareholders to vote against his effort to get a seat on the board.
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After Swift Return, Iger Faces Disney’s Long-Term Challenges
The New York Times – Business:Robert A. Iger had been gone from the company for less than a year, but he returns to a very different Disney.