Exploring activist investor Nelson Peltz's battle for board seats at Disney, focused on cost-cutting and transformation in company operations. The chapter highlights Peltz's aim to influence Disney's streaming business, especially ESPN's sports strategy. It also delves into the controversy surrounding superhero movies and the power struggle for control of Disney, showcasing influential backers on both sides.
CEO Bob Iger is fighting off activist investor Nelson Peltz, who argues the company spends too much on message-based “woke” programming and is campaigning for seats on the Disney board.
This episode was produced by Hady Mawajdeh and Jesse Alejandro Cottrell, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Noel King.
Transcript at vox.com/todayexplained
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