DisneyDisney has struggled to return to the lofty box office records of 2019 — and that may have helped open the door for its recent troubles with activist Nelson Peltz.
Just four years ago, the studio had seven billion-dollar films, which contributed to a global box office haul of more than $13.2 billion.
Sony produced and distributed "Spider-Man: No Way Home," which made $1.9 billion, although Disney's Marvel Studios did serve as a co-producer.
"People go to watch a movie or a show to be entertained," Peltz said in recent interview with The Financial Times.
Peltz has also taken particular issue with Disney's failed succession plans and what he's described as a disjointed streaming strategy.
Persons:
Harrison Ford, Indiana Jones, Nelson Peltz, Disney's, Strange, Peltz, Jay Rasulo, he's, Marvel, Ike Perlmutter
Organizations:
Disney Disney, Disney, Century Fox, Star, Sony, Disney's Marvel Studios, Guardians, Galaxy, Trian Fund Management, Financial Times, Marvel, U.S . Air Force, Financial, Marvel Entertainment
Locations:
U.S