News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[TrainsOfDisney]

I think the biggest mistake that Disney has made with streaming is the mentality of needing to compete with Netflix in both pricing, and amount of content.

In my opinion it has cheapened the Disney brand to put other studio films right next to Disney (ice age, snoopy, etc.) - and honestly Disney+ should have cost MORE than Netflix for just the Disney content.

Now if Disney as the larger company wanted to include Disney+ as an add on to Hulu and dump all the other stuff they own into Hulu to try to make that a Netflix competitor that’s a different discussion.

 

[Serpico Jones]

You are only allowed on the board if you say nice things about Iger.

 

[HauntedPirate]

The sharks are smelling blood in the water. This is not good.

 

[Disney Analyst]

 

[JoeCamel]

The sharks are smelling blood in the water. This is not good.

The street seems to like the move

 

[denyuntilcaught]

I think the biggest mistake that Disney has made with streaming is the mentality of needing to compete with Netflix in both pricing, and amount of content.

In my opinion it has cheapened the Disney brand to put other studio films right next to Disney (ice age, snoopy, etc.) - and honestly Disney+ should have cost MORE than Netflix for just the Disney content.

Agreed. I think one of the biggest mistakes Iger has made was misunderstanding how to handle the Disney brand and the value in differentiation.

 

[Tha Realest]

The street seems to like the move

It’s right at the Chapek Line.

 

[HauntedPirate]

The street seems to like the move

Because sharks like to think new board members = increased stock price, because one way or another there will be a(nother) call for changes, cuts, etc. They ain’t in this for the guests benefit.

 

[MisterPenguin]

You are only allowed on the board if you say nice things about Iger.

As opposed to all those companies that seek out people critical of their CEO to be on their board.

 

[MisterPenguin]

https://www.reuters.com/business/media-telecom/blackwells-nominate-board-directors-disney-rivaling-trian-sources-2024-01-03/

Leah Busque - Wikipedia

en.wikipedia.org

Taskrabbit - Wikipedia

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Craig Hatkoff - Wikipedia

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Everyone Has New Nominees for Disney’s Board

And Disney thought Steamboat Willie would be its big battle this week.

www.indiewire.com

In Activist Battle, Disney Reveals Its Own Reinforcements Ahead of Shareholder Meeting

As the Mouse House contends with a proxy challenge from Ike Perlmutter, Nelson Peltz and his firm Trian Partners, the Bob Iger-run firm secured the backing of shareholder ValueAct Capital Management for its board of directors nominees.

www.hollywoodreporter.com

 

[HauntedPirate]

As opposed to all those companies that seek out people critical of their CEO to be on their board.

Why, you can count them on one hand, with 5 fingers left over!

 

[MR.Dis]

Has there been any news how Steve Jobs widow is going to vote--I believe she is still the single largest Disney stock holder.

 

[JoeCamel]

Has there been any news how Steve Jobs widow is going to vote--I believe she is still the single largest Disney stock holder.

Vanguard, Blackrock, Berkshire all own more than Jobs Trust which holds 7.3% of the stock

 

[HauntedPirate]

Has there been any news how Steve Jobs widow is going to vote--I believe she is still the single largest Disney stock holder.

His 137 million shares of stock was placed into The Steven P. Jobs Trust. I have no idea if his widow has any control over those votes, nor is there any apparently recent (within the past 10 years) information about that trust.

 

[HauntedPirate]

Vanguard, Blackrock, Berkshire all own more than Jobs Trust which holds 7.3% of the stock

As of November 2022, the Jobs Trust held more than all of those, unless the trust has divested some of the stock by now.

 

[JoeCamel]

As of November 2022, the Jobs Trust held more than all of those, unless the trust has divested some of the stock by now.

This is what I see as of March '23 for top five

 

[Animaniac93-98]

Agreed. I think one of the biggest mistakes Iger has made was misunderstanding how to handle the Disney brand and the value in differentiation.

It says a lot that from the get go, they felt they needed The Simpsons, Marvel and Star Wars etc to prop up the streaming service because Disney couldn't be sold on its own.

 

[MisterPenguin]

This is what I see as of March '23 for top five


View attachment 761494

And how many shares are there?

 

[JoeCamel]

And how many shares are there?

1.8B, what's the point?

 

[Lilofan]

This is what I see as of March '23 for top five


View attachment 761494

Berskshire even with holding a lot of Disney shares is managed effectively diversifying its holdings with BH gaining 18% last year.