News Bob Iger is back! Chapek is out!!

[Lilofan]

Shareholder meeting will be very interesting.


Considering Iger is pretty well-liked by investors I kinda find it difficult to see how Peltz succeeds here.

If I go to the shareholder meeting I'd like a complimentary pair of Air Jordans size 9 1/2.

 

[Sirwalterraleigh]

If I go to the shareholder meeting I'd like a complimentary pair of Air Jordans size 9 1/2.

Retro 5s in Carolina blue?

 

[JoeCamel]

Someone please explain to me how the head of a huge company that is notorious for sweatshop products is qualified to run the Disney board?!?

…wait…scatch that

He has one job, replace Bob. I wonder if Susan off the board makes her a candidate?

 

[Slpy3270]

Iger's mandate, per the release, is "to adapt the business model for the shifting media landscape, rebalancing investment with revenue opportunity… reposition Disney’s streaming platforms and broadcast and cable networks for enhanced profitability"

Not the statement you want to hear if you're someone who wants Disney to ditch the cable/broadcast business entirely (which is a dumb idea since the streaming platforms are unlikely to be profitable for years, if ever, but that might not matter if you just want a quick dollar and nothing more).

 

[Sirwalterraleigh]

Iger's mandate, per the release, is "to adapt the business model for the shifting media landscape, rebalancing investment with revenue opportunity… reposition Disney’s streaming platforms and broadcast and cable networks for enhanced profitability"

Not the statement you want to hear if you're someone who wants Disney to ditch the cable/broadcast business entirely (which is a dumb idea since the streaming platforms are unlikely to be profitable for years, if ever, but that might not matter if you just want a quick dollar and nothing more).

The whole thing in Hollywood for the last 15 years is dealing with the fall of easy tv money…that was the IP thing

 

[GhostHost1000]

Iger's mandate, per the release, is "to adapt the business model for the shifting media landscape, rebalancing investment with revenue opportunity… reposition Disney’s streaming platforms and broadcast and cable networks for enhanced profitability"

Not the statement you want to hear if you're someone who wants Disney to ditch the cable/broadcast business entirely (which is a dumb idea since the streaming platforms are unlikely to be profitable for years, if ever, but that might not matter if you just want a quick dollar and nothing more).

No worries they always have the theme parks to pay for all the other stuff


Oh wait

 

[Serpico Jones]

Nelson Peltz wants Iger out. This is going to get interesting.

 

[Sirwalterraleigh]

Nelson Peltz wants Iger out. This is going to get interesting.

An interesting character in the fold…

Disney sure knows how to attract them like bugs to a light

 

[Serpico Jones]

CNBC reports Iger and Susan Arnold personally met with Peltz yesterday to get him to back down. The meeting didn’t go well.

Susan Arnold called Peltz this morning and offered him an advisor to the board position. He declined and Arnold resigned a few hours later. Peltz is launching a proxy battle with Disney.

 

[Disney Analyst]

CNBC reports Iger and Susan Arnold personally met with Peltz yesterday to get him to back down. The meeting didn’t go well.

Susan Arnold called Peltz this morning and offered him an advisor to the board position. He declined and Arnold resigned a few hours later. Peltz is launching a proxy battle with Disney.

So what does this all mean?

 

[Serpico Jones]

So what does this all mean?

Basically Nelson Peltz is going to be making changes to Disney if he’s successful. It would begin with the ouster of Bob Iger for starters.

 

[Sirwalterraleigh]

So what does this all mean?

Ahhh…

Some of the best stories in Disney’s long, storied history involves proxy battles…

You know how got his job through a proxy fight?

And this guy

 

[Disney Analyst]

Basically Nelson Peltz is going to be making changes to Disney if he’s successful. It would begin with the ouster of Bob Iger for starters.

I guess my bigger question is, why would that prompt Susan to resign? Does this spell bad news? Will Peltz be successful?

Or will this turn into nothing?

 

[Sirwalterraleigh]

Basically Nelson Peltz is going to be making changes to Disney if he’s successful. It would begin with the ouster of Bob Iger for starters.

Don’t sell it short…

It would involve replacing most of the board and all the management…at a minimum

And that’s the small stuff


In the current business world…there are way more possibilities than 20/40 years ago

 

[Notes from Neverland]

Basically Nelson Peltz is going to be making changes to Disney if he’s successful. It would begin with the ouster of Bob Iger for starters.

*Attempted* changes. He wouldn't instantly be the lone decision maker on the board if he succeeds in grabbing a seat.

 

[Sirwalterraleigh]

I guess my bigger question is, why would that prompt Susan to resign? Does this spell bad news? Will Peltz be successful?

Or will this turn into nothing?

Peltz is a Wall Street powerhouse…can’t deny that.

Someone smarter than me can explain his angle? I can’t see it

 

[Sirwalterraleigh]

*Attempted* changes. He wouldn't instantly be the lone decision maker on the board if he succeeds in grabbing a seat.

Actually he would in practice…theoretically

The biggest ungotz at the table says what’s for dinner

 

[Slpy3270]

I guess my bigger question is, why would that prompt Susan to resign? Does this spell bad news? Will Peltz be successful?

Or will this turn into nothing?

Depends on whether or not the largest investors at Disney have total confidence in Iger.

 

[flyerjab]

Apologies if this was already posted. I don’t post as frequently these days.

 

[Dranth]

I guess my bigger question is, why would that prompt Susan to resign? Does this spell bad news? Will Peltz be successful?

Or will this turn into nothing?

I don't see how he could be successful. He would need other stock holders to jump on board with him and I am not sure he is going to get that. Well, at least not until Iger has a chance to layout his plan.