Disney beat back activist investor Nelson Peltz. Now the real work begins
Publishing timestamp: 2024-04-04 11:17:52
Summary
Disney shareholders voted to keep the current board intact, showing confidence in CEO Bob Iger's plan to boost shares and choose a strong successor. Iger must now focus on improving box-office hits, making streaming profitable, clarifying ESPN's digital strategy, and selecting a successor. Failure to show progress may lead to another activist campaign next year.
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Tickers: DIS,
Keywords: breaking news: business, media, walt disney co, technology, business news,