Individuals hold as much as 40 percent of the company’s shares, and they may decide a proxy battle that is one of the most expensive in history.
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Archives for March 2024
Disney and DeSantis Settle Suit Over Florida Special District
The settlement ends a two-year fight between the entertainment giant and the Florida governor over control of a state tax district near Orlando that encompasses Walt Disney World.
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Nelson Peltz withholds votes from Disney CEO Bob Iger in proxy battle
The move is hardly shocking, given the acrimonious nature of the battle. In recent weeks, Disney has stepped up its attacks on Trian and Peltz.
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Advisory firm ISS tells Disney shareholders to side with Nelson Peltz in proxy fight
Peltz and his firm, Trian Fund Management, have asked investors to nominate him and former Disney Chief Financial Officer Jay Rasulo to the board.
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How ESPN executives plan to survive the demise of cable TV
CNBC spoke with ESPN chief Jimmy Pitaro, former Disney CEO Bob Chapek, and former ESPN President John Skipper as part of a digital documentary on ESPN’s future.
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Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners
Former Disney CEO Bob Chapek spoke to CNBC about ESPN and its future in his first public comments since his 2022 firing.
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George Lucas backs Disney CEO Bob Iger in proxy fight with Nelson Peltz
The support from the George Lucas endorsement is key, because he’s Disney’s largest individual shareholder, but also because of his standing in Hollywood.
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What Must Nelson Peltz Do to Get Some Respect?
The longtime corporate agitator feels misunderstood. Maybe his fight with Disney could change that.
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Former Apple Executive to Lead Sports Streaming Service
Pete Distad, the former executive in charge of distribution of Apple TV+, will run a new joint venture from Fox, Disney and Warner Bros. Discovery.
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