A billionaire who was critical of Disney’s management, Mr. Peltz lost an expensive battle for a place on the company’s board.
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Archives for May 2024
Nelson Peltz sells entire Disney stake weeks after losing proxy battle
In early April, Trian’s Peltz lost a proxy battle at Disney as shareholders reelected the company’s full slate of board nominees.
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Pixar Will Lay Off Workers and Stop Making Shows for Disney+
The animation studio, which has struggled over the past few years, will stop making original shows for Disney+.
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Pixar is laying off 14% of its workforce as Disney scales back content
Around 14% of Disney’s Pixar Animation Studio’s workforce, or around 175 employees, are being laid off.
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Disneyland Character Workers at California Park Vote to Unionize
The vote determined whether 1,700 workers who play characters such as Mickey and Minnie Mouse and who dance at parades could join the union representing other workers at the park in Anaheim, Calif.
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Disney+ will stream Caitlin Clark’s WNBA debut in the platform’s first live sports event
The WNBA regular season opens tonight with NCAA star Caitlin Clark making her debut. The game will be the first ever live sports event streamed on Disney+.
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Comcast offers subscribers Peacock, Netflix and Apple TV+ bundle
The announcement comes as major media players, like Disney and Warner Bros. Discovery, increasingly join forces to boost subscriptions for streaming services.
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Disney, Hulu and Max Streaming Bundle Will Soon Become Available
The offering from Disney and Warner Bros. Discovery shows how rival companies are willing to work together to navigate an uncertain entertainment landscape.
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Disney, Warner Bros. Discovery to bundle streaming services
Disney and Warner Bros. Discovery plan to bundle their streaming services, Disney+, Hulu and Max.
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The streaming future Disney promised is finally here as cable TV decays
Disney’s second-quarter results showed an improving streaming business and a rapidly declining linear TV unit
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