The Walt Disney Co. moved to a loss in its second quarter, hampered by restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well. While Disney said Tuesday that it foresees its streaming business softening in the current quarter due to […]
Since returning in 2022, Disney CEO Bob Iger has paid a lot of lip service in regards to addressing and righting what ails the Walt Disney Company. His company’s actions and blame-deflection have tarnished the once-sterling Disney brand. Despite that, Iger insists that things will be okay and that they will fix everything — but can you […]
I feel like I oughta dump a “Wave g’night, Mouse” in here somewhere. It looks like their juvenile “how to vote” in the proxy war cartoon appeal to the lowest common cult member worked. Disney shareholders fell for the poison apple, hook, line, and stinker. It’s official: Disney shareholders shot down activist investor Nelson Peltz‘s […]
SAN FRANCISCO — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had recommended a slate of directors that did not include Peltz or Rasulo. The dissident […]
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