Category: Walt Disney Company

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.”
Disney Prepares for a Board Fight by Nelson Peltz

The New York Times – Business:
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.
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.
Disney Revises Pricing Policies at Its Parks

The New York Times – Travel:
Ticket prices won’t exactly be less, but the cost of some activities and perks will be adjusted, after complaints about the cost of visits.
SEC Fines Steve Easterbrook, McDonald’s Ex-CEO

The New York Times – Business:
The Securities and Exchange Commission fined Steve Easterbrook for lack of disclosure about the circumstances behind his firing in 2019.
Disney Is Bringing Employees Back Four Days a Week

The New York Times – Business:
The C.E.O., Robert A. Iger, said in a memo that he thought the move would benefit the company’s culture and creativity.
Early Version of Disney’s Mickey Mouse Will Soon Be Public Property

The New York Times – Movies:
The version of the iconic character from “Steamboat Willie” will enter the public domain in 2024. But those trying to take advantage could end up in a legal mousetrap.
Streaming’s Golden Age Is Suddenly Dimming

The New York Times – Business:
After years of breakneck growth, the number of scripted TV series orders made by networks and streamers is in decline.
GLAAD Praises Increased Inclusiveness of Disney Films

The New York Times – Business:
In a report on L.G.B.T.Q. representation in movies, the organization lauded the studio but noted some depictions were one dimensional or stereotypical.
Highbrow Films Aimed at Winning Oscars Are Losing Audiences

The New York Times – Movies:
The kind of critically praised dramas that often dominate the awards season are falling flat at the box office, failing to justify the money it takes to make them.
How Streaming Has Rewritten the Script for Movies

The New York Times – Movies:
As a business and a cultural pursuit, Hollywood is in a state of chaos that has been growing year by year.
Florida May End Tax Fight With Disney, Thanks to Bob Iger

The New York Times – Business:
Florida lawmakers are reportedly working to resolve their political fight with Disney, just days after Mr. Iger returned as the entertainment giant’s chief executive.