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...“And I think the question now is, have they gone to that well too many times? Do they need to create new IP?”...
...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....
...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 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...
...How they perform may well determine who claims the throne in the Magic Kingdom....
...Large shareholders such as Vanguard and BlackRock threw their weight behind Disney and helped Iger squash the challenge from Peltz, as well as smaller activist Blackwells Capital....
...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....
...During a well-received earnings release last month, Iger pulled out all the stops....
...He provided this interesting scatter plot of returns and volatility: Some debt investments have done exceptionally well....
...fruition two years later, in a semi-staged performance by the LA Philharmonic, the White Hands Choir and actors from the Deaf West Theatre company — one that actively welcomed deaf audiences into LA’s Walt...
...Rasulo was well regarded by Wall Street and had been considered to be a potential successor to Iger, investors say....
...The market is responding well; shares are up 13 per cent over the past month....
...Nelson Peltz has launched a second proxy battle at Walt Disney after the entertainment group rejected his push to join the board, setting off another bitter fight between the activist investor and chief...
...The difference is that Netflix makes money, unlike the streaming services launched by studios such as Walt Disney, Comcast’s NBCUniversal, and Paramount....
...Disney on Wednesday said it would cut its spending on content by another $2bn next year to about $25bn — well below the $30bn it spent in 2022....
...In the 26 US states, as well as Washington DC, where sports betting is legal, companies that have launched even just months after the legalisation date found it “incredibly difficult to acquire customers...
...China’s President Xi Jinping may well be hoping that a bit of French fashion chic will rub off on him as he arrives in Paris for the first of several European state visits this week....
...Disney chief executive Bob Iger on Monday said Johnston has a “well-earned reputation as one of the best CFOs in America”....
...Taken together, they reveal the dishevelled hair, the unwise or joyous decisions, all of life’s concerns as well as the soaring highs....
...Then there is the historic labour strike in Hollywood, which will affect the income statements of these companies well into next year....
...That augurs well for veteran US activist Nelson Peltz. He has boosted his stake in Disney as he returns to agitate for change. A share price at 2014 levels helps his case....
...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....
...Meanwhile, the company’s television business, still profitable, has also suffered, with demand eroded by online and streaming rivals as well as a sharp fall in advertising revenues....
...Games company Blizzard Entertainment, entertainment group Walt Disney, and news organisation the New York Times are all putting money into it....
...And, as a media entrepreneur — alongside former WSJ tech columnist Walt Mossberg — she carved out new publishing and conferences businesses, something that brought her closer to the start-up founders she...
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