Tag: Bob Iger
-
Laurene Powell Jobs Joins in Supporting Bob Iger and Disney Board Amidst Ongoing Proxy Fight
More and more hats continue to get thrown into the ring of the ongoing proxy fight for the future of The Walt Disney Company and its Board of Directors. This week has seen Josh Gad, former Walt Disney Imagineering President Bob Weis, and former Disney CEO Michael Eisner all join the fray and voice their…
-
Former Disney CEO Michael Eisner Joins Growing Chorus of Support for Current Disney CEO Bob Iger and Disney’s Board of Directors
Former Disney CEO Michael Eisner has jumped into the fray of the ongoing proxy fight that is predominantly between Disney CEO Bob Iger and Nelson Peltz (and his Trian Group). This fight is over the future of The Walt Disney Company and the Board of Directors that will lead it. Disney has laid forth its…
-
Disney Responds to Institutional Shareholder Services Recommendation for Disney’s Board of Directors
The Walt Disney Company has released a statement in response to a recommendation from Institutional Shareholder Services (ISS) that shareholders should vote for 11 of 12 nominees endorsed by Disney for its Board. In place of Maria Elena Lagomasino, it suggests electing activist investor Nelson Peltz to the Board of Directors. ISS does not endorse…
-
Josh Gad Voices Support for Bob Iger in Ongoing Proxy Fight
As the Disney annual shareholder meeting grows closer, more and more people are starting to voice their support for Disney’s CEO Bob Iger and Disney’s nominees for its Board of Directors. Just hours after former Walt Disney Imagineering President Bob Weis voiced his support for Iger, actor Josh Gad joined in sharing his support. In…
-
Former Walt Disney Imagineer President Bob Weis Supports Disney CEO Bob Iger in Ongoing Proxy Fight
Former Walt Disney Imagineer Bob Weis has come out in support of Disney CEO Bob Iger in an ongoing proxy fight that sees activist investor Nelson Peltz and his Trian Group seeking two sees on the Disney Board of Directors. If he gets his way, Peltz would like to gain a spot on the board…
-
Glass Lewis Endorses Bob Iger in Disney Proxy Fight
Glass Lewis has endorsed the leadership efforts of Bob Iger and his team in an ongoing proxy fight ahead of Disney’s annual shareholder meeting next month. Glass, Lewis & Co. (Glass Lewis) recommended that shareholders vote the WHITE proxy card in support of all of Disney’s 12 director nominees (and no other nominees) at the…
-
JPMorgan Chase CEO Backs Disney CEO Bob Iger in Ongoing Proxy Fight
The CEO of JPMorgan Chase, Jamie Dimon, has backed Disney CEO Bob Iger in the ongoing proxy fight between Disney and Nelson Peltz’s Trian Partners. In a statement released to CNBC, Dimon endorsed Iger’s plans and efforts and warns of the risks that come from the efforts of Nelson Peltz and others. “Bob is a…
-
Disney Warns That Activist Investor Nelson Peltz is “Disruptive and Destructive” in New Video
A new video that was released by Disney asks the question, “what’s the harm in letting activist investor Nelson Peltz or Jay Rasulo have a seat on Disney’s board.” This video, that feels much like a political ad, goes on to build a case for the exact harm that could happen if Peltz and Rasulo…
-
Bob Iger Shares Message of Congratulations to D23 on 15th Anniversary
D23: The Official Disney Fan Club is celebrating its 15th anniversary today. On this milestone, Disney CEO Bob Iger shared a message of congratulations to D23 fans via social media. In the video message, Iger said how 15 years ago D23 was launched “to bring Disney’s biggest fans even closer to the magic.” He continued…
-
Disney Shares Highlights of Bob Iger’s Morgan Stanley Conference Q&A
This last week Disney CEO Bob Iger had a question and answer session at the Morgan Stanley Conference. During this session, he highlighted where Disney is and where it is going. The overarching message that Iger gave during this conference was that of optimism. Speaking about how Disney is poised for a strong future, “I…
-
ValueAct Capital Reiterates Support For Disney As Proxy Fight Continues
ValueAct Capital reiterated its support for The Walt Disney Company as billionaire Nelson Peltz’s Trian Fund Management continues to push its agenda in a proxy fight for seats on Disney’s board. “As legacy technologies transition to digital platforms, we believe Disney can lead the media industry forward,” ValueAct Co-CEO Mason Morfit said in a statement.…
-
Disney Aims to Get Streaming Platforms to Netflix’s Technical Level
Disney CEO Bob Iger is acknowledging that the company is behind when it comes to streaming technology. Iger wants Disney to be on Netflix’s level in terms of technical capabilities, and that means Disney has some catching up to do. “We need to be at their level in terms of technology capability,” Iger said about…
-
Disney Family Rallies Around Bob Iger Against Nelson Peltz Proxy Fight
It’s a continuous battle with good versus evil as the Nelson Peltz proxy fight continues against Disney. This time, the extended Disney family, which includes the grandchildren of Walt and Roy Disney, are joining forces to oppose Nelson Peltz, an activist investor who is waging a proxy battle for board seats. There are nine heirs…
-
‘Moana 2’ Sees Auli’i Cravalho Return to Title Role
Later this year, movie-goers will be able to see the next chapter in the story of Moana when the second film in the franchise is released into theaters. When they do, they will be again hearing the voice of Auli’i Cravalho as Moana. The movie was announced last month to the surprise of many Disney…
-
Disney and Reliance Announce Strategic Joint Venture in India
The Walt Disney Company and Reliance announced a strategic joint venture today that would see the merger of both companies digital streaming and television assets. This promises to create a world class leader across both entertainment and sports in India that will be an $8.5 juggernaut. In the deal, Reliance will invest $1.4 billion in…
-
Disney CEO Bob Iger To Participate In The Morgan Stanley Technology, Media & Telecom Conference
Disney has announced that Bob Iger, the CEO of the company, will be participating in a question and answer session as part of the Morgan Stanley Technology, Media & Telecom Conference. This will be taking place on March 5, 2024 at approximately 10:15 AM PT. Disney released the following statement on this event: BURBANK, Calif.,…
-
Disney Stocks Have Best Day in Three Years After Earnings Report
The Walt Disney Company stock had its best day in over three years on Thursday after its Wednesday earnings call was full of announcements and also beat earnings estimates. Thursday saw Disney stock go up by 11%. This was the best day for the stock since December 2020. Some of the news the apparently excited…
-
ESPN to Launch Stand Alone Streaming Service by Fall 2025
On an earnings call this week, Disney CEO Bob Iger shared that Disney is planning on having its stand alone streaming service for ESPN in place by the fall of 2025. Disney promised that this new streaming service would provide innovative digital features and create a one-stop sports destination that is unlike anything else available…
-
Disney Makes Animated Announcements Regarding Future Releases
During its quarterly earnings call on Wednesday, February 87, 2024, Disney CEO Bob Iger made several announcements regarding the company’s future animated releases from both Walt Disney Animation Studios and also Pixar Animation Studios. Some of these were a surprise, others weren’t. Below is a look at the news that Bob Iger shared on the…
-
Disney and Epic Games to Create Expansive and Open Games and Entertainment Universe Connected to Fortnite
The Walt Disney Company and Epic Games will collaborate on an all-new games and entertainment universe that will further expand the reach of beloved Disney stories and experiences. Disney will also invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project. The transaction is subject to customary closing conditions, including…
-
Disney CEO Bob Iger Earned $31.6 Million in 2023
Disney CEO Bob Iger made $31.6 million in 2023 in all forms of income. This was a significant increase from the year before. Iger earned $865,385 for his base pay in 2023. Stock awards added an extra $16.1 million, stock options awards added $10 million, performance based compensation added $2.1 million, and he also earned…
-
Disney Makes Case for Rejection of Nelson Peltz’s Board Nominations
On Tuesday, The Walt Disney Company rejected Nelson Peltz’s nominations for its board of directors. The Nelson Peltz-led Trian Fund Management, L.P. and its affiliates had nominated Nelson Peltz and former Disney CFO Jay Rasulo to the board. This effort was also backed by former Disney executive Isaac Perlmutter, who was let go during cuts made…
-
Disney+ Available on Apple Vision Pro on February 2
Today Disney announced that Disney+ will be available on Apple Vision Pro starting on February 2nd. When it arrives, Disney+ subscribers will get to experience the streaming service in a completely new and immersive way. This will be a new immersive 3-D viewing experience that will transform user spaces into landscapes from Disney, Pixar, Marvel,…
-
NFL Reportedly in Advanced Talks With Disney For Stake in ESPN
Disney may have found a partner for ESPN. The Los Angeles Times is reporting that the NFL and Disney are in advanced talks for the National Football League to take a stake in ESPN. If the deal were to go through, it would give Disney control over the NFL Network and other NFL media properties.…