The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and eliminate roughly 7,000 jobs.
Read more about Activist Disney Investor Declares End to Battle for Board Seat
The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and eliminate roughly 7,000 jobs.
Read more about Activist Disney Investor Declares End to Battle for Board Seat
Nelson Peltz dropped his proxy fight against Disney after CEO Bob Iger unveiled a vast reorganization.
Read more about Activist investor Nelson Peltz declares Disney proxy fight is over after Iger unveils restructuring
Disney CEO Bob Iger told CNBC he plans to stay only for two years, and that he wants more “Toy Story” and “Frozen” sequels.
Read more about Disney CEO Bob Iger says he prefers to stay only two years, calls streaming 'the future'
Bob Iger said that “everything is on the table” as Disney considers whether to buy the rest of Hulu from Comcast.
Read more about Everything is on the table now with Hulu, Disney CEO Iger says
Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan.
Read more about Bob Iger’s Turnaround Plan for Disney Takes Shape
In the company’s first earnings report since Bob Iger returned as C.E.O., it exceeded Wall Street’s expectations. But thousands of employees are expected to be laid off.
Read more about With Traditional TV in Free Fall, Disney Looks to Cut Costs
The measure would replace Disney’s handpicked five-member board overseeing the district with a governor-appointed one.
Read more about ‘There’s a new sheriff in town.’ House panel OKs remake of Disney’s Reedy Creek
Disney World’s Reedy Creek Improvement District would be renamed and its board members chosen by the governor under a bill filed Monday.
Read more about DeSantis gets the power to pick all Disney Reedy Creek board members under bill
The company reports quarterly earnings on Wednesday, and Wall Street is expecting it to lay out a new streaming strategy and operating structure.
Read more about Disney’s Iger Returns to Familiar Stage, but With Different Challenges
Jobs numbers soared far past analysts’ forecasts. Meta’s stock price surged. And Robert Iger faces a major test as Disney reports its first quarterly earnings since he returned as C.E.O.
Read more about The Week in Business: The Fed Slows Down
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