Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Nelson Peltz"


25 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarry Diller: Sensible for companies to move to a '4 days in office, Fridays flexible' standardBarry Diller, IAC chairman and senior executive & Expedia chairman and senior executive, joins 'Squawk Box' to discuss Disney's proxy fight win over activist investor Nelson Peltz, Paramount's merger discussion with Skydance, whether TikTok poses a national security threat, DOJ's antitrust lawsuit against Apple, AI regulation, the prospect of a 4-day workweek, and more.
Persons: Barry Diller, Nelson Peltz Organizations: Sensible, IAC, Apple
Watch CNBC’s full interview with Disney CEO Bob Iger
  + stars: | 2024-04-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Disney CEO Bob IgerDisney CEO Bob Iger joins 'Squawk on the Street' to discuss the company's proxy fight win against activist investor Nelson Peltz, takeaways from his engagement with shareholders, the company's top priorities, succession plans, state of the streaming landscape, new sports streaming alliance, future of ESPN, navigating America's culture wars, and more.
Persons: Bob Iger, Nelson Peltz, takeaways Organizations: Disney, ESPN
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger on joint sports streaming venture: We want to serve sports fans in multiple waysDisney CEO Bob Iger joins 'Squawk on the Street' to discuss the company's proxy fight win against activist investor Nelson Peltz, takeaways from his engagement with shareholders, the company's top priorities, succession plans, state of the streaming landscape, new sports streaming alliance, future of ESPN, navigating America's culture wars, and more.
Persons: Bob Iger, Nelson Peltz, takeaways Organizations: ESPN
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNelson Peltz: $300 million profit on Disney is 'dramatically' wrong, we did better than thatNelson Peltz, Trian Partners founding partner, joins 'Squawk on the Street' to discuss the founding partner's thoughts on Disney after losing the proxy battle for board seats.
Persons: Nelson, Nelson Peltz Organizations: Disney, Trian Partners
Iger noted that the activism has not changed Disney's succession process. Chapek held the post for more than two years before Iger returned to it. "Obviously, we all learn from the past, and we're prepared for this process to be successful," Iger said. In an interview with CNBC on Thursday, Peltz said he did not have any personal vendetta against Iger but wanted to ensure the company had a leadership plan in place. "The only issue I had with Bob was the succession plan, which again is at the feet of the board," he said.
Persons: Nelson Peltz's, Bob Iger, Iger, Bob Chapek, Chapek, we're, Peltz, Bob Organizations: Disney, CNBC
Disney fended off the activist investor Nelson Peltz for the second time in two years, as its shareholders rejected his effort to win two seats on its board. The House of Mouse claimed a “substantial” margin of victory, after a bitterly fought contest with Peltz and his major backer, the former Marvel chair Ike Perlmutter. Based on preliminary results from Wednesday’s annual investor meeting, Disney’s board candidates won the backing of 75 percent of individual shareholders, an outsize investor base. But like any good Disney tale, the board fight provided a series of lessons for the future — for companies and activists alike. That included cost-cutting efforts, an investment in the video game giant Epic Games and a shake-up in the struggling movie division.
Persons: Iger, Nelson Peltz, Mouse, Peltz, Ike Perlmutter, Bob Iger Organizations: Disney, Marvel, Wall Street
That would mark a milestone for the company, which launched Disney+ on Nov. 12, 2019. It would be the first time Disney showed it can make money from Disney+, Hulu and ESPN+. Disney will need to sustain and grow streaming profit to justify Iger's five-year-old strategy to go "all in" on the segment. Disney has already offered ESPN+, a sports streaming service that has some but not all of ESPN's content. Trian Partners' Nelson Peltz, who failed to join Disney's board Wednesday after securing just 31% of the vote, publicly questioned what he has called Disney's "woke" content strategy.
Persons: Bob Iger, Sun Valley , Idaho David A, Iger, Disney, they've, Cowen, Doug Creutz, Needham, Laura Martin, Gabby Jones, David Greenbaum, Sean Bailey, Alan Bergman, Indiana Jones, Nelson Peltz, Peltz, shouldn't, Bob Chapek, He'll, Bergman, Jimmy Pitaro, Josh D'Amaro, Dana Walden, They've, Cowen's, you've, That's, it's, — CNBC's Sarah Whitten, Needman's Martin Organizations: Disney, Allen & Company Sun Valley Conference, Grogan, CNBC Disney, Disney Disney, Hulu, ESPN, Co, Warner Bros . Discovery, Fox, CNBC, Athletic, Bloomberg, Getty, Marvel, Star Wars, Searchlight, Walt Disney Motion, Disney Entertainment, Century Fox, Sony, Disney's Marvel Studios, Trian Partners, Financial Times, Resorts, Iger Locations: Sun Valley , Idaho, Brooklyn , New York, Iger, Parks, Disney
Barry Diller on Truth Social: It's a scam
  + stars: | 2024-04-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarry Diller on Truth Social: It's a scamBarry Diller, IAC chairman and senior executive & Expedia chairman and senior executive, joins 'Squawk Box' to discuss Disney's proxy fight win over activist investor Nelson Peltz, Paramount's merger discussion with Skydance, whether TikTok poses a national security threat, DOJ's antitrust lawsuit against Apple, Truth Social, AI regulation, the prospect of a 4-day workweek, and more.
Persons: Barry Diller, Nelson Peltz Organizations: Truth, IAC, Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney wins proxy battle: Here's what's next for the company and CEO Bob IgerJessica Reif Ehrlich, BofA Securities senior U.S. media and entertainment analyst, joins 'Squawk Box' to discuss Disney's proxy fight win over activist investor Nelson Peltz, what's next for the company and CEO Bob Iger, the future of streaming, and more.
Persons: Here's, Bob Iger Jessica Reif Ehrlich, Nelson Peltz, what's, Bob Iger Organizations: Disney, BofA Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger on succession: It's really important to have a good transition processDisney CEO Bob Iger joins 'Squawk on the Street' to discuss the company's proxy fight win against activist investor Nelson Peltz, takeaways from his engagement with shareholders, the company's top priorities, succession plans, state of the streaming landscape, new sports streaming alliance, future of ESPN, navigating America's culture wars, and more.
Persons: Bob Iger, Nelson Peltz, takeaways Organizations: Disney, ESPN
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with IAC chairman and senior executive Barry DillerBarry Diller, IAC chairman and senior executive & Expedia chairman and senior executive, joins 'Squawk Box' to discuss Disney's proxy fight win over activist investor Nelson Peltz, Paramount's merger discussion with Skydance, whether TikTok poses a national security threat, DOJ's antitrust lawsuit against Apple, AI regulation, the prospect of a 4-day workweek, and more.
Persons: Barry Diller Barry Diller, Nelson Peltz Organizations: IAC, Apple
But over the last several months, the Disney chief made significant moves that took the wind out of those sails. Regardless, the course of action taken by Iger had the same effect, pouring cold water on Peltz’s public grievances. On streaming strategy: Iger moved to take full control of Hulu in a major deal with Comcast. Last week, Disney merged the service into Disney+, putting both libraries into a single app in a move once considered unthinkable. Disney investors overwhelmingly moved to elect Disney’s slate of directors, rejecting Peltz and former company exec Jay Rasulo.
Persons: Bob Iger, Nelson Peltz, shoring, Peltz, , Iger, ” Iger, Ron DeSantis, , Bob Chapek, Morgan Stanley, James Gorman, Jay Rasulo, ” Trian, It’s Organizations: New York CNN, Disney, ESPN, Florida Gov, Hulu, Comcast, CNBC, Google, Partners, Company, Dow Jones Industrial Locations: New York, Magic, , refocusing
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNelson Peltz on Disney proxy battle: Hope Bob Iger can keep his promisesNelson Peltz, Trian Partners founding partner, joins 'Squawk on the Street' to discuss the founding partner's thoughts on Disney after losing the proxy battle for board seats.
Persons: Nelson, Hope Bob Iger, Nelson Peltz Organizations: Trian Partners, Disney
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger on streaming: We have to turn it into a growth businessDisney CEO Bob Iger joins 'Squawk on the Street' to discuss the company's proxy fight win against activist investor Nelson Peltz, takeaways from his engagement with shareholders, the company's top priorities, succession plans, state of the streaming landscape, new sports streaming alliance, future of ESPN, navigating America's culture wars, and more.
Persons: Bob Iger, Nelson Peltz, takeaways Organizations: ESPN
Trian claims Disney's board has failed to generate sufficient returns in recent years as subscription streaming losses have mounted and traditional TV subscribers have declined. Early vote countBoth Disney and Trian received support from influential shareholders ahead of Wednesday's meeting. Roughly one-third of Disney's shareholders are retail shareholders, who historically vote in small numbers in annual meetings. The arrangement still raised questions about ValueAct's support for the company and whether Disney's board should have disclosed the prior relationship. WATCH: Disney board battle reaches final moments
Persons: Bob Iger, Mickey Mouse, Valerie Macon, Nelson Peltz, Jay Rasulo, They've, Maria Elena Lagomasino, Michael Froman, Peltz, Ike Perlmutter, Trian, Disney's, Iger, Bob Chapek, Patrick T, Adam Jeffery, Morgan Stanley, James Gorman, CNBC's, George Lucas, Laurene Powell Jobs, Lucas, Powell Jobs, Ken Squire, Rowe Price, Rowe, Mason Morfit's, ValueAct, Neuberger Berman, John Ferguson, Rasulo —, Glass Lewis, Iger's, Gorman, Jeremy Darroch, CNBC's Andrew Ross Sorkin, Heidi Gutman, Lagomasino, shouldn't, Blackwells, Rasulo, Jason Aintabi, John Foley, Jessica Schnell, Craig Hatkoff, Leah Solivan, ValueAct hasn't Organizations: AFP, Getty Images Disney, Voters, Trian Partners, Disney, PepsiCo, Marvel, SEC, Fallon, Bloomberg, Getty, CNBC Disney, CNBC, Star Wars, LucasArts, Pixar, BlackRock, Institutional, California Public Employees, Yacktman Asset Management, Saratoga Proxy, ISS, Sky, Trian Fund Management, NBCU, Bank, NBCUniversal, Green, Comcast Locations: Los Angeles, New York
It's a victory for CEO Bob Iger against activist investor Nelson Peltz. AdvertisementDisney CEO Bob Iger has officially prevailed in his battle against activist investor Nelson Peltz. Disney had been expected to prevail in the Peltz proxy battle. AdvertisementThe battle, though, likely prompted Iger and the board to redouble its focus on the next Disney CEO. "Regardless of the outcome of today's vote, Trian will be watching this company's performance," Peltz said at the meeting before the decision.
Persons: Bob Iger, Nelson Peltz, , Peltz, Jay Rosulo, Horacio Gutierrez, Disney's, Maria Elena Lagomasino —, Iger, Disney, Neuberger Berman, Trian, Gen Z, Alpha, Bob Chapek, Iger's, Jason Schloetzer Organizations: Disney, Service, Trian Partners, CNBC, California Public Employees, Epic Games, ESPN, Georgetown University's McDonough School of Business
New York CNN —The battle for the future of Disney is about to reach its epic conclusion. Nelson Peltz, founder and chief executive officer of Trian Fund Management, has continually criticized Disney CEO Bob Iger. The forces that have tormented Iger will be banished to the shadows, exiled outside of the Magic Kingdom for now. The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World. The future of Disney is up for grabs in the proxy-fight between Iger and Peltz.
Persons: Nelson Peltz, Bob Iger, Peltz, Jay Rasulo, Rasulo, Disney’s “, Marco Bello, Iger, Bob Chapek, ” Barton Crockett, CNN’s, Samantha Delouya, George Lucas, Laurene Powell Jobs, Morgan, Jamie Dimon, Walt, Roy Disney, Abigail Disney, Ike Perlmutter, Trian, they’ll, Walt Disney, Mickey Mouse, Joe Burbank, , it’s, King, Hollywood, “ Iger Organizations: New York CNN, Disney, Trian, Management, Netflix, Trian Fund Management, Bloomberg, Rosenblatt Securities, , Former Marvel Entertainment, Services, Magic Kingdom, Magic, Walt Disney World, Orlando Sentinel, Tribune, Service Locations: New York, Iger
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Disney wins: Disney was successful at fending off Trian Partners in Nelson Peltz's quest for two board seats at the company. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Nelson, Jim, Steve Cohen, We're, Michael Cembalest, Levi Strauss, Slim Jim, Conagra, Lamb Weston, There's, Jim Cramer's, Mickey Mouse, Joe Raedle Organizations: CNBC, Treasury, Institute for Supply, PMI, Disney, Trian Partners, Apple, JPMorgan, Procter, Gamble, Jim Cramer's Charitable, Walt Disney World, Getty Locations: Washington, Orlando , Florida
Disney CEO Bob Iger wants people to know the company isn't trying to advance a political agenda. It's a message Iger has been keen to send since his return as CEO in November 2022. Peltz made "woke" Disney a plank of his campaign, questioning Marvel's "Black Panther" and "The Marvels" that cast Black and female leads, respectively. Just take the vicious online reactions to its new "Star Wars: The Acolyte" series on Disney+, made by a female showrunner. And with Iger promising the company will lean more on its beloved franchises, Disney is likely to continue being a magnet for criticism from social conservatives.
Persons: Bob Iger, aren't, , Iger, I've, we'll, Ron DeSantis, Elon Musk, Ariel, Nelson Peltz, Peltz, Marvel's, — Iger, — Ben Hart, Star Wars Guy 💫, ake Organizations: Disney, Service, Reuters, Pixar, Florida Gov, Marvel, Financial, Star Wars Locations: Florida
As for the newsletter, in today's big story, we're breaking down Disney's big proxy fight . Activist investor Nelson Peltz's proxy fight against Disney for two seats on the company's board comes to a head at its annual shareholder meeting today. The total amount spent between Disney and its rivals wrangling votes is estimated to be at least $70 million, a record for a proxy fight. The statue of Walt Disney and Mickey Mouse at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida. 3 things in businessWin McNamee/Getty Images; Chelsea Jia Feng/BIIn other newsAdvertisementWhat's happening todayThe Walt Disney Company's annual meeting will be held today.
Persons: , Congrats, ya, Bob Iger, Nelson Peltz, Neilson Barnard, David A, Grogan, Nelson, Madeline Berg, BI's Peter Kafka, BI's Grace Eliza Goodwin, Walt Disney, Mickey Mouse, Joe Burbank, Rowe Price, Peltz's Trian, Neuberger Berman, Peltz, It's, Trian, they're, Stocks, Ray Dalio, it's, Quincy Krosby, Jeffrey Buchbinder, Alyssa Powell, Win McNamee, Chelsea Jia Feng, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, National, Getty, Disney, Magic, Walt Disney World, Orlando Sentinel, Tribune, Wall, BlackRock, Peltz's Trian Partners, California Public Employees, Financial Times, DuPont, Fed, JPMorgan, Bridgewater Associates, Astera Labs, Arm Holdings, LPL Financial, Apple, Nvidia, BI, Walt Locations: , Virginia, Lake Buena Vista , Florida, China, Haiti's, New York, London
Disney’s Annual Meeting Will Include a Thrill Ride
  + stars: | 2024-04-03 | by ( Brooks Barnes | ) www.nytimes.com   time to read: 1 min
“Disruptive and destructive.” That is how Disney has referred to the activist investors who are pushing for seats on its board and influence over its strategy. In return, the activists have called Disney “stupid” and mocked its purported turnaround as “a fanciful tale.”Which side will prevail? One of the largest, priciest and nastiest proxy contests in history will come to a head on Wednesday, when Disney is scheduled to virtually host its annual shareholder meeting. A smaller activist investor, Blackwells Capital, is seeking three seats. Disney has put forward its own slate of 12 directors and has said its get-out-the-vote campaign would cost up to $40 million.
Persons: Nelson Peltz, Organizations: Disney, Trian Partners, Blackwells
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis could be the end of Nelson Peltz, says Yale's Jeffrey Sonnenfeld on Disney's board voteHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Nelson Peltz, Yale's Jeffrey Sonnenfeld, Brian Sullivan, Organizations: CNBC
New York CNN —Disney won a hard-fought proxy battle against a group of activist investors who sought to secure seats on the company’s board of directors. Disney’s board triumphed by what the company called “a substantial margin” over the nominees put forward by Trian Fund Management and Blackwells Capital at its annual shareholder meeting. Iger didn’t just beat Trian’s Nelson Peltz, but trounced him, according to a person familiar with the vote count. Jay Rasulo, the former Disney finance chief who joined Peltz’s attempt, also lost by a wide margin, the person said. Retail shareholders, which hold roughly 35% of Disney stock, also voted overwhelmingly – 75% – for Disney’s candidates.
Persons: New York CNN — Disney, Bob Iger, Disney’s, , Trian, didn’t, Trian’s Nelson Peltz, Jay Rasulo, Peltz’s, Peltz, , ” Iger, ” Peltz, Iger, CNN’s Oliver Darcy, Samantha Delouya, Oliver Darcy Organizations: New, New York CNN, Trian Fund Management, Blackwells, Disney, Retail, Financial Times, Republicans, Marvel, CNBC, Trian Partners Locations: New York, refocusing, Trian
Spotify Technology – The music-streaming company popped more than 8%. Bloomberg reported that Spotify is upping prices for its premium subscription service within several markets, including the U.S. Ford Motor announced that first-quarter U.S. sales rose 7% from a year ago, while electric vehicle sales jumped 86%. SoFi Technologies – Shares of the financial technology company rose 4.7% after Needham initiated coverage with a buy rating . GE Aerospace – GE Aerospace surged more than 6%, a day after the conglomerate once known as General Electric completed the spinoff of its power business.
Persons: Ulta, Dave, Buster's, Wells, Tesla, Nelson Peltz, Needham, , Alex Harring, Hakyung Kim, Tanaya Macheel, Jesse Pound Organizations: Intel, Spotify Technology, Bloomberg, Spotify, U.S, Cal, Disney – Disney, Signet, Ford, Ford Motor, GE Aerospace – GE Aerospace, Electric, GE Vernova, New York Stock Exchange Locations: Cal, Maine
Disney wins proxy fight with Nelson Peltz's Trian Partners
  + stars: | 2024-04-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney wins proxy fight with Nelson Peltz's Trian PartnersCNBC's David Faber joins 'The Exchange' to report on the result of Disney investors' vote in a proxy war.
Persons: Nelson Peltz's, CNBC's David Faber Organizations: Disney
Total: 25