Exploring the intricacies of a proxy fight in a public company, focusing on the significance of individual voting power versus institutional investors. The chapter delves into the uncertain outcome, the voting process duration, and briefly mentions housing affordability concerns along with a sponsor ad by Mint Mobile.
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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