AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Snipd AI
The podcast delves into the power struggle at Disney's boardroom with activist investor Nelson Pels challenging the company's strategy. The clash between major shareholders and management over strategic changes post-Marvel sale is intense.
Read more
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Activist investor Nelson Pels criticized Disney's financial performance and CEO succession planning, prompting strategic changes.
- Disney faced challenges with box office failures and a stock price crash amidst the proxy battle with activist investors.
Deep dives
Disney's Billion Dollar Battle with Activist Investor Nelson Pels
Disney found itself in a boardroom battle with activist investor Nelson Pels, who criticized the company's financial performance due to heavy investments in streaming, movie production, and the costly acquisition of 21st Century Fox. Pels raised concerns about CEO succession planning, notably the delayed retirement of Bob Iger and dissatisfaction with the successor, Bob Chapak. To counter Pels's demands for a board seat, Disney implemented strategic changes like reinstating dividends, reorganizing studios, cutting streaming losses, and reducing costs by slashing jobs and bills.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode