Don’t worry, the word “Magic” is safe and sound!
You may be used to Disney words like “rope drop” and “Disneybounding”, but don’t expect to see Disney adopt a very popular “M-Word” into its dictionary!
food IS a theme park
Don’t worry, the word “Magic” is safe and sound!
You may be used to Disney words like “rope drop” and “Disneybounding”, but don’t expect to see Disney adopt a very popular “M-Word” into its dictionary!
When Bob Iger returned to Disney in 2022, he did so with a few important objectives in mind.
Perhaps the most glaring, though, was the need to choose a successor to replace him once his contract (which has already been extended once since his return) was finally up. Fans and experts have both weighed in to give their thoughts on who the next CEO of The Walt Disney Company might be and now, it seems we may have an update.
Disney has been talking about the future a lot lately, including how the company plans to spend its massive budgets in the coming decade.
Back in September, Disney announced it would spend $60 billion in the Experiences section of its parks in the next 10 years. Since then, we haven’t heard much about where specifically that money could go. Additionally, Disney has shared some announcements that certain expansions are on the way but has not provided a definite timeline. Now, though, we’ve got a chart that could clear up some of our questions!
Disney’s proxy battle with activist investors is ramping up ahead of the annual shareholders meeting on April 3rd.
Here, Disney shareholders will have the opportunity to vote for the Company’s next Board of Directors, which could absolutely change the trajectory of the company. Disney has made their suggestion of 12 nominees to make up the new Board, but they’re currently battling activist investor Nelson Peltz’s Trian Group and Blackwells Capital for votes. With just under a month before the meeting, one activist investor has spoken up regarding plans for Disney.
The Walt Disney Company is no stranger to lawsuits.
The company is currently being sued over its partnership with Fox and Warner Bros. to create a new sports streaming service, a woman is suing the company due to alleged injuries sustained on a waterslide on Disney property, and the company has even faced a lawsuit from women who work for the company accusing it of pay disparity. This is just one of dozens of lawsuits the company is facing. Well, Disney is now facing a NEW lawsuit from Disneyland maintenance workers.
Disney is holding out hope that shareholders will vote in their favor at the upcoming annual meeting.
The Walt Disney Company is in the middle of a proxy battle with activist investor, Nelson Peltz, who is petitioning to get a seat on the Company’s Board of Directors. Disney and CEO Bob Iger have urged stock owners to vote against Peltz using the help of cartoon allies and Walt Disney’s grandchildren. But, it’s the shareholders who could end up being the winners in this battle.
The Walt Disney Company is in the middle of a proxy battle with activist investor, Nelson Peltz, who is petitioning to get a seat on the Company’s Board of Directors. Trian Partners nominated Peltz to be elected to the Board, but the current board does not endorse him.
Both Disney and CEO Bob Iger have urged shareholders to vote against Peltz and pals in the upcoming shareholder meeting on April 3rd, with some help from cartoon allies and Walt Disney’s own grandchildren. But now, Peltz has penned a new memo detailing just how poor of a job he thinks Iger is doing.
Well, 2024 has already been a HUGE year for Disney, and we’re just getting started.
During the Q1 2023 earnings call in February, we learned more about how the streaming business has been doing, how profitable the parks have been, and more. Well, Disney CEO Bob Iger will soon be participating in the Morgan Stanley Technology, Media, & Telecom Conference, and he will be part of a question-and-answer session. So what will Iger discuss? Here’s what we’re predicting.
Disney isn’t just doing battle with Florida Governor Ron DeSantis.
The company is also in the middle of a proxy battle with an activist investor, Nelson Peltz, who is petitioning to get a seat on The Walt Disney Company’s Board of Directors. Trian Partners recently nominated Peltz to be elected to the Board, but the current board does not endorse him. Well, it seems that some people very close to Walt Disney himself also do not support Peltz and his efforts.
Florida Governor Ron DeSantis visited the Central Florida Tourism Oversight District (CFTOD) to tout the district’s accomplishments in the midst of multiple lawsuits with Disney.
The CFTOD lawsuit followed Disney’s suit against the Board and Florida Governor Ron DeSantis. The Board officially filed its own suit in May 2023 and Disney filed a countersuit in August. It was later revealed that the DeSantis-appointed district had not searched for documents requested in the lawsuit, and the governor held a press conference in an attempt to save face.