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...Jeff Vahle, president of Walt Disney World Resort, said the company was “pleased to put an end to all litigation pending in state court in Florida”....
...Jeff Vahle, president of Walt Disney World Resort, said the company was “pleased to put an end to all litigation pending in state court in Florida”. Read more here...
...In 2026, Bob Iger will end his second run as chief executive of Walt Disney. The first time, he was replaced by head of parks Bob Chapek....
...Bob Iger, chief executive, highlighted the quarterly improvement in streaming and its experiences division, where theme parks outside the US, including Shanghai Disney, performed well....
...Walt Disney’s Bob Iger is locking up powerful supporters ahead of Wednesday’s annual meeting clash with activist investors challenging his strategy for the entertainment giant....
...Walt Disney handily beat Wall Street’s expectations in its latest quarterly earnings and unveiled shareholder-friendly measures including a $3bn share buyback and a 50 per cent dividend increase, as it prepares...
...Though the parks business is immensely important to Disney’s film business — theme park attractions deepen fans’ connections to characters and franchises — it is viewed as a separate universe from the movie...
...About a third of Disney’s shareholder base is composed of individuals — many of whom are enthusiasts of its theme parks and characters....
...Iger has also drawn endorsements from heirs of company founders Roy and Walt Disney in recent weeks....
...Walt Disney has won the support of investor ValueAct Capital, as the entertainment company gears up for a fight with activist Nelson Peltz over how to boost profits and lift its share price....
...That explains the lukewarm reception the House of Mouse received after it announced its intention to spend $60bn expanding theme parks, cruise lines and resorts over the next decade....
...The valuation multiple now ascribed to ESPN may be too low for Disney’s business, which includes theme parks and the movie studio....
...Walt Disney expressed the story in his own way, employing many talented artists to do so....
...Disney’s own response was equally cutting....
...Disney has struck an $8.5bn deal to merge its India business with Reliance Industries, in a move that will reduce the US entertainment group’s financial exposure to what has been a lossmaking venture in...
...ValueAct Capital has built a significant stake in Walt Disney, adding another activist investor to the entertainment company’s shareholder list, as it contends with a sinking share price and a decline in...
...Under DeSantis’s instructions, the Florida state legislature dissolved the private government that Disney had operated around its Orlando theme parks for decades....
...Walt Disney chief executive Bob Iger has won the backing of influential proxy adviser Glass Lewis in his battle against billionaire activist Nelson Peltz, with the group unconvinced that the latter’s plans...
...Walt Disney blasted activist investor Nelson Peltz in a proxy filing on Tuesday, saying he had not “presented a single strategic idea” to the company during two years of campaigning for a seat on its board...
...Last summer, ESPN was briefly blacked out for some US customers of Charter Communications’ Spectrum cable service over such a dispute between Disney and the distributor, limiting access to US Open tennis...
...But those don’t address the longer-term problem of lacklustre franchises, quieter theme parks and the end of television. If Disney wants a radical change it needs to consider sales....
...He joined Disney in 1986 and was named president of its parks and resorts business in 2002. He served as chief financial officer from 2010 until he resigned in 2015....
...Disney said it would double spending on theme parks, resorts and cruise lines to $60bn over the next decade, sending shares lower despite a boost to the business segment that has driven profits over the...
...As Iger battles Peltz, he has also secured endorsements from the grandchildren of Disney founders Walt and Roy Disney, who sent a letter to shareholders backing the chief executive....
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