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...In 2019, Walt Disney released seven films that each grossed more than $1bn at the global box office — a remarkable feat built on Bob Iger’s string of studio acquisitions during his first 15-year tenure as...
...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....
...But it is likely to be closely watched, given Disney’s unhappy record on succession planning....
...Some of Peltz’s adversaries in the Disney fight seized the opportunity to criticise his tactics and his firm’s record....
...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....
...Iger has also drawn endorsements from heirs of company founders Roy and Walt Disney in recent weeks....
...He knows the media and entertainment business cold and has the successful track record to prove it.” “Putting people on a board unnecessarily can harm a company....
...“That’s my track record,” he said recently on CNBC. “But besides the stock price, sales went up, market shares went up and margins went up, OK?”...
...Disney suffered a major setback last year when it lost the rights to stream the popular IPL cricket tournament from 2023-27, in a record $6.2bn auction....
...On Friday, Brookfield Infrastructure Partners closed on a $30bn infrastructure fundraising that sets a new record for the industry, reports DD’s Antoine Gara....
...Europe and Asia Pacific saw record levels of activity, with the UK and Japan leading the pack....
...In response, Disney said on Thursday it “has a proven track record of delivering long-term value to our shareholders and is in the midst of a significant transformation”....
...Almost as soon as the actors’ union on Thursday declared an end to its record 118-day strike, directors, producers, publicists and actors started racing to make up for lost time....
...They point to high executive salaries and the companies’ long-term records of profitability as evidence that they can afford to pay up....
...When Walt Disney acquired 21st Century Fox from Rupert Murdoch for $71bn in 2019, one of the most promising long-term businesses it took control of was Star India....
...But inside Disney, supporters point out that this is the same team that produced the record results in 2019....
...The first watch licensed by the Walt Disney Company became a “cultural phenomenon”, says Nicole Carroll, manager for research at Walt Disney Archives....
...Right now he’s waging his second proxy fight in as many years at US entertainment group Walt Disney; he’s trying to sharpen up Unilever, the maker of Marmite, Dove soap and Hellmann’s mayonnaise; and he’...
...Its studios’ creative record is in question after Pixar’s Elemental flopped at the box office last month, and its sports network ESPN and other brands are contending with falling cable television revenues...
...During her time at the helm, Yaccarino has maintained that X’s safety record is improving. She posted last week: “X has been extremely clear about our efforts to combat antisemitism and discrimination....
...Amazon’s Lord of the Rings: The Rings of Power series, which launched to tepid reviews, reportedly cost a record $1bn....
...As it looks to cut costs, Disney is also examining its options in India, where it lost the rights to stream Indian Premier League cricket matches last year in a record-breaking $6.2bn auction....
...But Disney’s $71bn purchase of Fox’s entertainment empire would later leave a blight on Iger’s otherwise impressive record, as investors, including billionaire activist Nelson Peltz, complained it had left...
...That’s when Florida governor Ron DeSantis tried to end the company’s 50-year-old right to run its own government around Walt Disney World....
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