Disney's Bob Iger Triumphs Over Nelson Peltz in Proxy Battle
April 6, 2024, 9:38 am
Location: United States, North Carolina, Cary
Employees: 5001-10000
Founded date: 1991
Total raised: $6.3B
Disney CEO Bob Iger emerges victorious in a fierce proxy battle against activist investor Nelson Peltz. Shareholders vote to stick with Disney's board, dealing a blow to Peltz's efforts to shake things up. The battle, rife with criticism and tension, comes to an end as Iger looks to the future with a renewed focus on growth and value creation. The costly battle, with millions spent on campaigns and lobbying, ends in Iger's favor, solidifying his position as the captain of Disney's ship. The outcome signals a clear path forward for Disney, as Iger continues to steer the company towards success.
Title: Disney+ to Crack Down on Password-Sharing
Description: Disney's streaming service, Disney+, announces plans to crack down on password-sharing starting in June. CEO Bob Iger emphasizes the need for consolidation in the streaming industry and aims for double-digit margins to boost subscriber growth and profitability. Following Netflix's success with a similar crackdown, Disney looks to replicate the strategy to drive business growth. The move comes amidst a shifting landscape in the streaming world, with companies vying for market dominance and profitability. Iger's proactive approach reflects Disney's commitment to innovation and adaptation in a rapidly evolving industry.
Title: Disney+ to Crack Down on Password-Sharing
Description: Disney's streaming service, Disney+, announces plans to crack down on password-sharing starting in June. CEO Bob Iger emphasizes the need for consolidation in the streaming industry and aims for double-digit margins to boost subscriber growth and profitability. Following Netflix's success with a similar crackdown, Disney looks to replicate the strategy to drive business growth. The move comes amidst a shifting landscape in the streaming world, with companies vying for market dominance and profitability. Iger's proactive approach reflects Disney's commitment to innovation and adaptation in a rapidly evolving industry.