Nine grandchildren of Walt and Roy Disney expressed support for Bob Iger and the company’s board, and criticized Nelson Peltz and others circling Disney.
Category: ValueAct Capital Partners
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Disney Gains Support From ValueAct Capital as Nelson Peltz Challenges Board
ValueAct Capital, known for working constructively with boards, said it would support the media giant’s director nominees amid a challenge by Nelson Peltz.
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Salesforce Faces Mounting Investor Pressure As Profits Sag
The New York Times – Business:The software giant faces mounting pressure from activist investors and pushback from employees unhappy about a wave of firings and the scaling back of office perks.
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The Winners and Losers from Super Bowl LVII
The New York Times – Business:There were surprises on-field and off — from Rihanna’s halftime performance to Disney’s controversial ad splash.
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Bob Iger’s Turnaround Plan for Disney Takes Shape
The New York Times – Business:Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan.
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The New York Times Company Reports 11% Rise in Revenue
The New York Times – Business:The company said it added more than a million digital subscribers in 2022, bringing its total number of paying subscribers to 9.6 million.