Disney's cinematic drought may have opened a door for activist investor Peltz
Publishing timestamp: 2024-04-02 09:24:33
Summary
Disney has struggled to return to its box-office success of 2019, leading to activist investor Nelson Peltz seeking a board seat. Peltz has criticized Disney's recent box-office performance and creative decisions, while Disney CEO Bob Iger has acknowledged the need for change. Analysts predict a turnaround for Disney in 2026 with a strong movie slate.
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Keywords: movies, business news, business, media, entertainment, life, walt disney co, breaking news: business,
Source: https://www.cnbc.com/2024/04/02/disney-cinematic-drought-peltz-proxy-fight.html