Activist Investor Nelson Peltz Will Take His Case to Get on Disney Board Directly to Investors

EXCLUSIVE: Two months after Julia Ormond sued CAA, Disney and Harvey Weinstein for negligence, breach of fiduciary duty, battery and more over a 1995 sexual assault by the now incarcerated Pulp Fiction EP, the uberagency and the Bob Iger-led corporation say they shouldn’t be a part of the suit and want out.

Nicola Peltz, who married Brooklyn Beckham last year, has been labelled a "nightmare bride" in a new documentary, which claims their wedding was "total carnage".The couple tied the knot in a grand three-day bash in Palm Beach with over 500 guests in April 2022. However, Nicola reportedly went through three event organisers for her big day after the first two allegedly couldn't meet her expectations reports The Mirror.

Heiress and actress Nicola Peltz and Brooklyn Beckham’s wedding may have been considered the “celebrity wedding of the year” in 2022, but it reportedly didn’t happen without major bumps.In the new documentary, “Peltz Beckhams Vs The Planners,” the original lawsuit filed by Nicola’s billionaire father, Nelson Peltz, against Plan Design Events (PDE) is broken down, telling the story of the legal battle from both sides.The Peltzes’ side is told first, and the lawsuit is presented. Nelson is suing the wedding planners for a $159,000 deposit he made before firing wedding planners Nicole Braghin and Arianna Grijalba nine days after hiring them.

Disney has formally responded to activist shareholder Trian Fund Management’s unsolicited nominations of Trian chief Nelson Peltz and former Disney CFO James Rasulo to the media giant’s board of directors.

Todd Spangler NY Digital Editor Activist investor Nelson Peltz, who’s looking to shake up Disney‘s board, plans to nominate two directors as candidates for directors of the Mouse House’s board: Peltz himself, and former Disney CFO Jay Rasulo. Peltz’s Trian Fund Management said Thursday it submitted a notice of its intention to nominate the two independent director candidates at Disney’s 2024 annual shareholders meeting, expected to be held next spring.

EXCLUSIVE: The combined Hulu and Disney+ app for bundle subscribers will launch in March with a big new attraction — the Grey’s Anatomy library, which will be offered on a Disney streaming platform for the first time.

Thousands and thousands of past and present female Disney employees can sue the Mouse House for paying them less than men/

The Central Florida Tourism Oversight District Board, the group that now oversees a swathe of central Florida where Walt Disney World sits, slammed the Bob Iger-led media giant for almost three hours straight over what its experts called decades of self-dealing outlined in an audit. Members, not surprisingly, voted to approve the report. 

Todd Spangler NY Digital Editor Get ready to see “The Kardashians” standing next to Baby Yoda on your Disney+ home screen. Beginning Dec. 6, the significant majority of Hulu content will be available on Disney+ in the U.S.

The Marvels has been officially named the lowest-grossing installment in Marvel Cinematic Universe’s history.The movie, which stars Brie Larson, Zawe Ashton and Teyonah Parris, was not predicted to perform well in the box office.Against a $220million budget, the movie has grossed just $197million, unlike other Marvel movies such as Avengers: Endgame which made over $2.5billion globally in its opening weekend.The Marvels, which was released on November 10, had the worst debut weekend in the history of MCU, with only $46million in ticket sales. With only $80million made in North America, the movie is the first of the studio’s films that failed to reach the $100million milestone at the domestic box office.According to CNBC, Disney’s CEO, Bob Iger, has recently addressed the struggles that have faced the movie, saying: “The Marvels was shot during COVID.

Two stories from the entertainment industry made it onto Saturday Night Live‘s “Weekend Update” with Colin Jost and Michael Che taking on the Frozen sequels and the Lifetime movie sex scene.

It is no secret that trips to Disneyland will be expensive. But the amount of cash Nick Cannon shells out each year to take his family to the happiest place on earth? It’s absolutely wild!

Disney CEO Bob Iger is sharing his thoughts on the box-office performance of The Marvels.

Disney today announced a cash dividend of $0.30 per share for the second half of its fiscal 2023, its first such payout since the dividend was halted three years ago during Covid.

Todd Spangler NY Digital Editor After activist investor Nelson Peltz announced his intention to renew his proxy battle to secure seats on Disney’s board, the company responded by alleging former Marvel Entertainment chairman Ike Perlmutter — who is in league with Peltz’s Trian Fund Management — has a personal grudge against Disney chief Bob Iger. In a statement responding to Trian’s announcement, Disney said that Perlmutter “was terminated from his employment by Disney earlier this year and has voiced his longstanding personal agenda against Disney’s CEO, Robert A.

Zack Sharf Digital News Director Disney CEO Bob Iger said at the New York Times’ DealBook Summit (via CNBC) following “The Marvels” flopping at the box office that there was a lack of supervision on the set of the film as a result of the COVID pandemic. The combination of pandemic set restrictions and Disney’s increased output due to the launch of streamer Disney+ made it increasingly difficult for studio executives to oversee the onslaught of new productions.

The Walt Disney Co. has added former Group CEO of Sky Jeremy Darroch and Morgan Stanley CEO James Gorman to its board of directors and said Francis A. deSouza plans to surrender his seat at the end of his term.

Jennifer Maas TV Business Writer Disney‘s board named Morgan Stanley CEO James Gorman and former Sky chief Jeremy Darroch as new directors Wednesday. Additionally, Disney has announced that board member Francis A. deSouza, former president and CEO of Illumina, will not stand for reelection at the company’s upcoming annual meeting, “as he pursues new opportunities in the technology sector that will require his full attention.” The news comes one day after Disney held a company-wide town hall featuring CEO Bob Iger and his top lieutenants discussing the state of the business.

Bob Iger said he hasn’t addressed when Disney will start advertising on X, formerly Twitter, again since he made the decision to pull back from the social media platform after owner Elon Musk amplified an antisemitic post.

Shifting away from sentiments he expressed in an interview last summer that Disney‘s linear TV networks “may not be core” to the company, Disney CEO Bob Iger said they are “not for sale.”