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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Disney’s Iger Returns to Familiar Stage, but With Different Challenges
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
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 Prepares for a Board Fight by Nelson Peltz
After months of talks, the activist investor Nelson Peltz is jockeying for a director position at the entertainment giant as he pushes for a series of changes.
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Disney Pushes Back Against Nelson Peltz’s Quest for Board Seat
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
Robert A. Iger had been gone from the company for less than a year, but he returns to a very different Disney.