Jay Rasulo Says “Disney Runs In My Blood”; Former Parks Chief With Activist Investor Nelson Peltz Not Out “To Fire The CEO”

Proxy advisor Egan-Jones on Wednesday became the second independent firm to support activist Nelson Peltz‘s effort to secure seats on the Disney board.

Todd Spangler NY Digital Editor Michael Eisner, the former Disney CEO who exited the company in 2005, is the latest member of the extended Disneyverse to weigh in with support for current chief exec Bob Iger, who’s facing a proxy fight with activist investors including Nelson Peltz in a vote for board candidates at Disney’s April 3 annual shareholders meeting. “[I]n 1983, Disney was under attack by corporate raiders trying to take over the company,” Eisner wrote in a post on X, referring to the unsuccessful attempt by financier Saul Steinberg to stage a hostile takeover of the company.

Disney pushed back on a report today by leading proxy advisory firm ISS recommending shareholders vote activist investor Nelson Peltz to the board, and withhold votes for company board nominee Maria Elena Lagomasino.  

Variety Lounge at the 2024 Hong Kong International Film & TV Market (FILMART) emerged as a dynamic hub of creativity and insight. The studio played host to a series of illuminating interviews featuring prominent figures in the global film industry including European filmmaker Cristiano Bortone, producer and co-founder of boutique studio S11 Partners Ltd.

A memorial service for former Dumfries Tory councillor, Lieutenant Colonel John Charteris MBE, is to be held tomorrow at 2pm at the Crichton Memorial Church in Dumfries.

Disney’s latest salvo in a proxy fight with activist investor Trian Fund Management highlights the firm’s “silent partner” Ike Perlmutter and his “difficult history with Bob Iger.”

The fact that both Asia and Europe are finding it more difficult to finance movies following the pandemic may drive the two regions to start working together more closely, despite the huge differences in their funding systems, said a group of leading producers on a two-session Filmart panel.

Naman Ramachandran Korean action drama “A Shop For Killers” has become the most viewed local original on Disney+ in the Asia Pacific region (Australia, New Zealand, Japan, Korea, Taiwan, Hong Kong, Singapore and Philippines) so far in 2024, the streamer has revealed. Set in contemporary Korea, the eight-part series follows college student Jeong Jian who dives for cover in her childhood home after a series of highly skilled assassins come after her.

Naman Ramachandran Shreyom Ghosh’s “The Vampire of Sheung Shui” is unique in that it is a Hong Kong-set horror-comedy with a protagonist of Indian origin. It has been selected for the 22nd Hong Kong — Asia Film Financing Forum (HAF), the project market that operates concurrently with FilMart. Written by D.F.W.

Patrick Frater Asia Bureau Chief “Escaping Man,” a Chinese drama feature about a man dragged into a kidnap plot, heads the FilMart slate of Hong Kong-based sales agency Autumn Sun Company. The protagonist is a man who spent 20 years in jail after being falsely accused of rape. After his release, he intends to confront the woman, but instead falls for her again — to the point that she is able to manipulate him into kidnapping the child for which she is the nanny.

Naman Ramachandran Celebrated Philippines filmmaker Lav Diaz‘s examination of the human condition continues with “Kawalan.” The work-in-progress has been selected for the 22nd Hong Kong — Asia Film Financing Forum (HAF), the project market that operates concurrently with FilMart. In the film, Tomas, the old venerable mayor of the remote town of Kawalan, learns that the invading Japanese will set up a garrison there. He organizes willing members in his community to set up a hidden settlement in the middle of the forest, where they can live unaffected by the horrors of war.

Disney shares were up 2% at mid-day Monday, extending their recent rally, as the company renewed its attacks on activist investor Nelson Peltz.

Reneé Rapp is seemingly confirming a new romance!

Chinese tech and media giant Alibaba is investing $640M (HK$5BN) into Hong Kong’s creative industries over the next five years.

Patrick Frater Asia Bureau Chief “Dune 2” launched in mainland China cinemas this weekend with a solid $19.9 million three-day haul. That put it in second place, narrowly behind holdover crime-drama “The Pig, the Snake and the Pigeon.” Data from consultancy firm Artisan Gateway, showed that “The Pig, the Snake and the Pigeon” earned $21.3 million (RMB151 million) between Friday and Sunday, for a 10-day cumulative of $54.1 million (RMB384 million).

Screenworks Asia, the production subsidiary of Taiwan’s Catchplay, has acquired international sales rights to the horror anthology series Urban Horror and will present the show at this week’s Filmart in Hong Kong.

Patrick Frater Asia Bureau Chief Cora Yim and Benjamin Lin, both established indie producers of Chinese-language content, have joined forces to launch S11 Partners. It is partially backed by Medialink Group, an IP, distribution and brand licensing mini-conglomerate that is listed on the Hong Kong Stock Exchange. The pair, who previously worked on TV series “Taiwan Crime Stories,” are launching their venture at FilMart in Hong Kong with a slate of three feature films in development.

Veteran producers Cora Yim and Benjamin Lin are launching a production company, S11 Partners, with an equity investment from Hong Kong-listed Medialink Group.

As Filmart gets underway, Hong Kong’s major production companies, including Edko Films, Emperor Motion Pictures (EMP), Media Asia, One Cool Group and Universe Entertainment, will be unveiling their new titles in enormous booths at the front of the trade show floor, some of which will be as elaborate as film sets.

Asian Film Awards. The 17th edition of the prizes was held at the Xiqu Centre, part of the West Kowloon Cultural District in Hong Kong. While “Evil Does Not Exist” and Korean blockbuster “12.12: The Day” had dominated the nominations with six each, including those in the best film category, the prizes on Sunday were much more evenly distributed.