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...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....
...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...
...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....
...He was central to the decision-making behind Disney’s recent $1.5bn investment in Epic Games, which will see the two companies create a new version of Fortnite built around the company’s characters....
...the company in as many years....
...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”....
...The likes of JPMorgan chief Jamie Dimon, Star Wars creator George Lucas, Laurene Powell Jobs and the grandchildren of Walt Disney all threw their support behind Iger....
...The two companies will collaborate on building a “Disney universe” over the next couple of years, a move Iger said marks the Hollywood group’s largest shift into gaming....
...Iger has also drawn endorsements from heirs of company founders Roy and Walt Disney in recent weeks....
...Like them, the new sports streaming companies hope that there is safety in numbers....
...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...
...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...
...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...
...Disney may also contribute additional media assets into the venture, the companies said, subject to regulatory and third-party approvals....
...Walt Disney expressed the story in his own way, employing many talented artists to do so....
...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....
...It was also before Peltz’s firm Trian Partners owned any shares in the company. Peltz then met Iger and said he wanted to be on the Disney board but was rebuffed....
...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....
...Activist hedge fund Trian Partners plans to nominate two candidates to Walt Disney’s board of directors, intensifying a campaign against the media group that is expected to be one of the most contested proxy...
...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...
...Disney chief executive Bob Iger likes to say that the company he runs is fuelled by storytelling. If that is the case then someone needs to punch up the script....
...Iger acknowledged Reliance’s “deep understanding of the Indian market and consumer” and said Disney and the conglomerate would “create one of the country’s leading media companies”....
...Walt Disney handily beat Wall Street’s expectations in its latest quarterly earnings and announced shareholder-friendly measures including a $3bn share buyback programme and a 50 per cent boost to its dividend...
...A federal judge has dealt a blow to Walt Disney by dismissing the company’s claims that Ron DeSantis, Florida’s Republican governor, had violated its free speech rights by “retaliating” for its stance on...
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