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Disney Board Election Tally Shows James Gorman Leading All Vote-Getters - deadline.com
deadline.com
09.04.2024 / 22:55

Disney Board Election Tally Shows James Gorman Leading All Vote-Getters

The Walt Disney Co. has released the official vote totals from its April 3 annual shareholder meeting, the event that featured the culmination of a proxy fight waged by Nelson Peltz.

Disney Releases Official Vote Tallies from 2024 Shareholders Meeting, Showing 9 of Its 12 Board Candidates Each Received More Than 90% Shares Cast in Their Favor - variety.com
variety.com
09.04.2024 / 21:31

Disney Releases Official Vote Tallies from 2024 Shareholders Meeting, Showing 9 of Its 12 Board Candidates Each Received More Than 90% Shares Cast in Their Favor

Todd Spangler NY Digital Editor Disney released the official vote counts from its 2024 meeting of shareholders held April 3 — in which investors decisively defeated a campaign by activist investor Nelson Peltz to win a seat on its board. According to the votes disclosed in an SEC filing Tuesday, nine of the Disney-backed director candidates received more than 90% of the shares voted in their favor.

Bob Iger Says Netflix-Like Password Sharing Plan On Disney+ Will Start In June – Update - deadline.com
deadline.com
05.04.2024 / 18:39

Bob Iger Says Netflix-Like Password Sharing Plan On Disney+ Will Start In June – Update

UPDATED with new exec comments. Disney CEO Bob Iger has offered more precise timing for Disney’s previously announced plan to crack down on password sharing on streaming flagship Disney+, saying it will start rolling out in June.

Disney Password-Sharing Crackdown for Disney+, Hulu, ESPN+ Accounts Will Begin in June - variety.com
variety.com
05.04.2024 / 12:11

Disney Password-Sharing Crackdown for Disney+, Hulu, ESPN+ Accounts Will Begin in June

Todd Spangler NY Digital Editor Some subscribers to Disney‘s streaming services will start seeing some new messaging up this summer: Pay up for anyone outside your main household who’s illicitly piggybacking on the services — or face potentially getting disconnected. According to Disney chief Bob Iger, the Mouse House this June will “be launching our first real foray into password sharing” enforcement.

Disney Offers Details On “Beyond Big Thunder” Project, Called The Biggest Expansion Ever At Walt Disney World - deadline.com
deadline.com
04.04.2024 / 23:37

Disney Offers Details On “Beyond Big Thunder” Project, Called The Biggest Expansion Ever At Walt Disney World

One day after Bob Iger faced questions about Disney‘s competitive position vs. Universal in the Orlando theme park game, there came more information today about a significant expansion of Walt Disney World.

Nelson Peltz Warns He’ll Be Back If Disney Fails to Keep Its ‘Promises,’ Suggests His Firm Has Made About $1 Billion on Its Investment in the Company - variety.com
variety.com
04.04.2024 / 21:27

Nelson Peltz Warns He’ll Be Back If Disney Fails to Keep Its ‘Promises,’ Suggests His Firm Has Made About $1 Billion on Its Investment in the Company

Todd Spangler NY Digital Editor Trian Partners founder Nelson Peltz has accepted defeat — for now. Peltz, a day after the activist investor lost a costly proxy battle with Disney, went on CNBC’s “Squawk on the Street,” Thursday to discuss what happened. “The shareholders have voted.

Peter Bart: Bob Iger’s Proxy War Victory Recalls Corporate Skirmishes Of Hollywood Past - deadline.com
deadline.com
04.04.2024 / 19:51

Peter Bart: Bob Iger’s Proxy War Victory Recalls Corporate Skirmishes Of Hollywood Past

It had all the elements of a good action movie – jeopardy, revenge, a mega budget – with even some casualties thrown in (albeit corporate).

After Losing Disney Proxy Fight, Nelson Peltz Claims About $1B In Profit On Stock Gains; Won’t Rule Out A Third Effort To Shake Up Board - deadline.com
deadline.com
04.04.2024 / 17:57

After Losing Disney Proxy Fight, Nelson Peltz Claims About $1B In Profit On Stock Gains; Won’t Rule Out A Third Effort To Shake Up Board

Activist investor Nelson Peltz, reflecting on his losing proxy battle with Disney, says he will “watch and wait” to see if the company keeps its promises.

Disney to crack down on password-sharing after CEO Bob Iger wins board fight - nypost.com
nypost.com
04.04.2024 / 15:13

Disney to crack down on password-sharing after CEO Bob Iger wins board fight

Disney investors backed Iger and other company directors, defeating a campaign by activist investors including Nelson Peltz who argued that Disney had underperformed in the streaming-television era.“The proxy vote was a decisive, true endorsement of the board,” he said, playing down criticisms of the activist investors and saying that the company was focused on succession – one of the major tasks facing the board of Disney.Asked about criticism from billionaire Elon Musk, who had backed Peltz in the proxy battle, Iger said: “I ignore it.”

Bob Iger, After Winning Fierce Proxy Fight, Says Disney Board’s No. 1 Priority Is CEO Succession: ‘They’re Treating It With a Sense of Urgency’ - variety.com
variety.com
04.04.2024 / 15:09

Bob Iger, After Winning Fierce Proxy Fight, Says Disney Board’s No. 1 Priority Is CEO Succession: ‘They’re Treating It With a Sense of Urgency’

Todd Spangler NY Digital Editor A day after Disney declared victory over activist investor Nelson Peltz, CEO Bob Iger said the board is proceeding with “urgency” in trying to identify the next chief executive with the “distraction” of the proxy fight over. “This was decisive in terms of how shareholders voted,” Iger said in an appearance Thursday morning on CNBC from Disney’s Burbank, Calif., headquarters, about the results of the April 3 meeting. Succession “is the board’s No.

Disney’s Proxy Fight with Nelson Peltz Ends But Scrutiny Will Persist: ‘We Have Turned the Corner,’ Bob Iger Declares in Pre-Taped Victory Lap - variety.com - city Anaheim
variety.com
03.04.2024 / 23:45

Disney’s Proxy Fight with Nelson Peltz Ends But Scrutiny Will Persist: ‘We Have Turned the Corner,’ Bob Iger Declares in Pre-Taped Victory Lap

Cynthia Littleton Business Editor In the end, Bob Iger didn’t have to break a sweat to fend off Nelson Peltz. No question, Disney did have to spend tens of millions of dollars to fight the proxy battle with the activist investor, which came to a head on Wednesday with the Mouse House’s annual shareholders meeting.

Bob Iger Teases “Possible” New ‘Avatar’ Area At Disneyland, Says Idea That Disney Is Letting NBCU’s Epic Universe Invade Its Orlando Turf “Couldn’t Be Further From The Truth” - deadline.com - Florida
deadline.com
03.04.2024 / 20:11

Bob Iger Teases “Possible” New ‘Avatar’ Area At Disneyland, Says Idea That Disney Is Letting NBCU’s Epic Universe Invade Its Orlando Turf “Couldn’t Be Further From The Truth”

After Disney declared victory in its proxy battle with activist investor Nelson Peltz, CEO Bob Iger went on a theme-park offensive during the company’s annual shareholder meeting.

Disney D-Day: Bob Iger Celebrates Board Battle Win & End Of “Distracting Proxy Contest”; Nelson Peltz “Disappointed” Then Tries To Spin It Into A Win - deadline.com
deadline.com
03.04.2024 / 19:01

Disney D-Day: Bob Iger Celebrates Board Battle Win & End Of “Distracting Proxy Contest”; Nelson Peltz “Disappointed” Then Tries To Spin It Into A Win

Scoring a big and costly win Wednesday against Nelson Peltz’s second attempt to get on the Disney board, Bob Iger was both gracious and a little biting in victory.

Disney Shareholders Officially Reject Nelson Peltz’s Board Bid in Big Win for CEO Bob Iger - variety.com
variety.com
03.04.2024 / 17:51

Disney Shareholders Officially Reject Nelson Peltz’s Board Bid in Big Win for CEO Bob Iger

Todd Spangler NY Digital Editor It’s official: Disney shareholders shot down activist investor Nelson Peltz‘s effort to win seats on the Mouse House’s board of directors. Investors voted to reelect all 12 of the company-backed board members, including CEO Bob Iger, ending the most expensive corporate proxy fight in history.

Disney Fends Off Nelson Peltz After Bitter Proxy Fight As Shareholders Back Company Board - deadline.com
deadline.com
03.04.2024 / 17:35

Disney Fends Off Nelson Peltz After Bitter Proxy Fight As Shareholders Back Company Board

Disney has succeeded in barring Nelson Peltz from its board of directors as shareholders at the company’s hotly anticipated annual meeting today voted for the company’s slate of 12 nominees. It was a months-long bitter and costly fight.

Elon Musk Backs Nelson Peltz In Disney Proxy Fight After Polls Close - deadline.com
deadline.com
03.04.2024 / 09:07

Elon Musk Backs Nelson Peltz In Disney Proxy Fight After Polls Close

Elon Musk is backing Nelson Peltz in the proxy battle for the future of Disney.

Elon Musk says he’s joined Disney to make content more “woke” in April Fools’ joke - www.nme.com
nme.com
02.04.2024 / 13:29

Elon Musk says he’s joined Disney to make content more “woke” in April Fools’ joke

Elon Musk made an April Fools’ joke yesterday that he had accepted a job at Disney to help make their content “more woke”.The Tesla CEO took to X, the social media platform formerly known as Twitter that he also owns, to make the spoof announcement.“Excited to join @Disney as their Chief DEI Officer,” he wrote. “Can’t wait to work with Bob Iger & Kathleen Kennedy to make their content MORE woke! Even the linguini.”Excited to join @Disney as their Chief DEI Officer.

Disney’s Board Candidates Pull Ahead of Activist Investor Nelson Peltz With More Than Half Votes Cast: Report - variety.com
variety.com
02.04.2024 / 13:09

Disney’s Board Candidates Pull Ahead of Activist Investor Nelson Peltz With More Than Half Votes Cast: Report

Todd Spangler NY Digital Editor Disney and CEO Bob Iger have pulled into the lead for their 12 board candidates to win reelection — with activist investor Nelson Peltz trailing — with more than half of shareholder votes cast ahead of the Mouse House’s April 3 annual meeting, according to the Wall Street Journal. Two of Disney’s institutional investors — BlackRock (which owns about 4.2% of outstanding shares) and T. Rowe Price (0.5%) — support the company’s own slate of directors, which include Iger, per the Journal, citing anonymous sources.

Disney Said To Be Edging Past Nelson Peltz In Proxy Fight Ahead Of Annual Meeting - deadline.com
deadline.com
02.04.2024 / 05:31

Disney Said To Be Edging Past Nelson Peltz In Proxy Fight Ahead Of Annual Meeting

Disney may have nudged Nelson Peltz farther from its board as giant BlackRock is said to be backing the company’s slate of directors. The firm is Disney’s second-largest shareholder at about 4.2%.

Disney Board Showdown: What’s at Stake at Contentious 2024 Shareholder Meeting - variety.com - county Russell
variety.com
01.04.2024 / 15:07

Disney Board Showdown: What’s at Stake at Contentious 2024 Shareholder Meeting

Todd Spangler NY Digital Editor Usually, shareholder votes for corporate board directors have all the suspense of a Soviet-style election. Most of the time, director candidates are backed by the company, and they run unopposed — winning election or reelection in a landslide. In 2022, only 75 board-endorsed candidates at companies in the Russell 3000, less than 0.5% of almost 17,500 board members on the ballot that year, failed to get elected by shareholders, per an analysis by the Harvard Law School Forum on Corporate Governance (which also noted that, while small, the number had dramatically risen vs.

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