Walt Disney (DIS) could sell more films and TV series to rivals - Bloomberg

Go back to Walt Disney (DIS) could sell more films and TV series to rivals - Bloomberg

The Walt Disney Company Underscores Board Strength and Focus on Value Creation, Sends Letter to Shareholders

February 2, 2023 3:17 PM EST

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company Board of Directors (NYSE: DIS) today responded to materials issued by the Trian Group. The Disney Board of Directors is focused on delivering long-term sustainable value and continually works to ensure it is comprised of the right mix of experience, skills and perspectives to guide Disney, particularly as it navigates this dynamic period.

The Disney Board of Directors does not endorse Nelson Peltz (or his son Matthew, who is running as an alternate Mr. Peltz may swap in) as a nominee,... More

Trian Highlights the Significant Value Destruction at Disney and the Urgent Need for Change in Disney’s Boardroom

February 2, 2023 8:00 AM EST

Sends Letter to Shareholders Urging a Vote FOR Nelson Peltz and to WITHHOLD on Michael B.G. Froman at the Upcoming Annual Shareholders Meeting

Files Definitive Proxy Statement

NEW YORK--(BUSINESS WIRE)-- Trian Fund Management, L.P. (Trian), whose investment funds collectively own approximately 9.4 million common shares of The Walt Disney Company (NYSE: DIS) (Disney or the Company) valued at approximately $1 billioni, sent a letter and proxy statement to its fellow Disney shareholders highlighting that:

Disney lost over $120 billion of its market value in... More