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...; and Dana Walden, co-chair of Disney Entertainment....
...The entertainment group announced on Wednesday that shareholders had voted in favour of its 12 nominees in a blow to Peltz, with large investors, including Vanguard and BlackRock backing Disney....
...JPMorgan Chase chief executive Jamie Dimon has endorsed Walt Disney’s Bob Iger as a proxy battle with billionaire activist Nelson Peltz nears a showdown at the entertainment giant’s annual meeting next month...
...campaign ahead of the entertainment giant’s annual meeting next month....
...Disney’s ESPN was just one potentially formidable competitor that entered the market last year to challenge leaders Flutter — owner of FanDuel — and DraftKings....
...The entertainment giant on Wednesday announced shareholders had voted in favour of its 12 nominees “by a substantial margin”....
...for the entertainment group are “superior”....
...Walt Disney has struck an $8.5bn deal to merge its India business with Mukesh Ambani’s Reliance Industries conglomerate, in a move that will reduce the entertainment group’s financial exposure to what has...
...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....
...Also on Peltz’s team is Isaac Perlmutter, the former chair of Marvel Entertainment, who became a large Disney shareholder after selling Marvel to the company....
...Walt Disney has hit out at activist investor Nelson Peltz, saying that he had not “presented a single strategic idea” to the entertainment company during two years of campaigning for a seat on its board....
...It’s got new talent, and it’s got Disney behind it. You can never call it but it’s got everything behind it. That should work.” Doctor Who will show on Disney+ around the world apart from the UK....
...Bob Iger, chief executive, said the results proved Disney had “turned the corner and entered a new era”....
...Disney’s sports division reported a fall in revenue and profits for the year. Iger is considering “partnerships”....
...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...
...Sean Bailey is stepping down after 15 years as president of Disney Studios motion picture production, a tenure that produced successful remakes of The Lion King, Beauty and the Beast and Aladdin, the company...
...Sean Bailey is stepping down after 15 years as president of Walt Disney Studios Motion Picture Production, a tenure that produced successful remakes of The Lion King, Beauty and the Beast and Aladdin, the...
...The Walt Disney Company has signed a deal with investor ValueAct Capital, ahead of a battle over the entertainment company’s future expected later this year....
...Indian media company Zee’s share price fell 27 per cent on Tuesday after Sony called off a merger between the two groups, ending two years of talks aimed at creating a market-leading entertainment conglomerate...
...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....
...Disney, Warner Bros Discovery, Comcast and Paramount — US entertainment conglomerates that have been growing ever larger for decades — are facing pressure to shrink or sell legacy businesses, scale back...
...Disney’s own response was equally cutting....
...When entertainment companies first competed in streaming they began by hoarding their most popular TV shows and films....
...In its filing, Disney said Peltz and Isaac Perlmutter, a large shareholder in the company and former chair of Marvel Entertainment, had tried 24 times to win a seat on the board for Peltz....
...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...
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