EXCLUSIVE: Tara Long, who was President of Global Unscripted Television at eOne, has finalized a deal with John Morayniss’ Blink49 Studios.
18.01.2024 - 16:59 / deadline.com
The Trian Group’s Nelson Peltz has formally asked Disney shareholders to elect himself, as well as former Disney executive Jay Rasulo, to the company’s board of directors at the annual meeting this spring.
The activist investor, who is allied with Ike Perlmutter, holds a war chest of about $3 billion- worth of Disney stock.
Trian, in its own proxy statement today that followed Disney’s earlier this week reiterated complaints about Bob Iger’s leadership and Disney “significantly underperformed its peers and its potential.”
The fund also asked shareholders to withhold votes for three nominees put forward by another activist investor, Blackwells — Craig Hatkoff, Jessicasl Schell, and Leah Solivan. It said “they don’t have the same level of relevant experience or qualifications as the Trian Nominees.”
Disney believes all five nominees — Trian’s and Blackwells — are unqualified.
The company said Tuesday that Peltz “had not actually presented a single strategic idea for Disney.” It said Rasulo had been out of the business for too long and would have an “outdated perspective,” and that since he was passed over for CEO in 2015 he’d have a hard time working constructively for Iger.
Trian said, “Blackwells nominees appear to be content with Disney’s current turnaround efforts, rather than seeking to hold the Company accountable for improved performance.”
In a CNBC appearance this morning, Peltz said that Disney’s “entire board, including Bob, own less than $15 million worth of stock. That’s not a hell of a lot of commitment to this company, given the fees, etc. that they get from being a director or an officer of this company. And when you want to talk about Bob — Bob has taken a billion dollars out of this company since
EXCLUSIVE: Tara Long, who was President of Global Unscripted Television at eOne, has finalized a deal with John Morayniss’ Blink49 Studios.
Addie Morfoot Contributor Disney + Oscar nominated documentary short “Nǎi Nai and Wài Pó” about two Asian grandmothers, is set to debut on the streamer and Hulu on Feb. 9. The 17-minute film directed by Taiwanese American filmmaker Sean Wang follows the daily, often humorous, lives of his elderly maternal and paternal grandmothers who are best friends and live together.
Disney has proposed investing at least $1.9 billion into the Disneyland Resort over the next few decades, and will provide Anaheim millions more for housing and parks in a development agreement presented to the City Council.
We have an update to the performers list for the 2024 Super Bowl!
Blackwells Capital, a Disney shareholder with plenty of opinions about who should sit on the company’s board of directors, blasted the rival Trian Group for its own board maneuvering.
Anna Marie de la Fuente Spain’s fast-growing Secuoya Studios has tapped seasoned Sony Pictures Television International exec Brendan Fitzgerald for the newly-created position of CEO. His most recent position as SPTI’s senior VP of international English-language co-productions makes him the perfect fit for the company’s lofty ambitions.
Brooklyn Peltz Beckham has opened up on what life is like with his wife of two years Nicola Peltz in a rare insight.The eldest son of David and Victoria Beckham married the actress in 2022 in the Florida mansion of Nelson Peltz, Nicola's billionaire investor father. And in the past two years the young couple have carved out a beautiful life for themselves which consists of five dogs and two whopping homes. Speaking to The Times about his lavish life, the 24-year-old shared that he has a "good schedule" in Los Angeles, filled with dog walks, working out and "hanging out" with his wife.
Elsa Keslassy International Correspondent Brussels-based company Best Friend Forever has acquired international rights to Lenny and Harpo Guit’s new feature “Heads or Fails,” the duo’s follow-up to Sundance comedy “Mother Schmuckers.” Now in post, “Heads or Fails” tells the story of Armande Pigeon, a queen of shenanigans in Brussels who struggles to make ends meet because she can’t stop gambling on everything, always ending up on the wrong side of luck. When she teams up with Ronnie one night, everything changes – they win it all.
Sheryl Sandberg, Mark Zuckerberg’s longtime number two who stepped down as COO in 2022, said today she’s also leaving the board of Meta.
Toby Byrne, who spent 20 years at Fox, has joined A+E Networks as EVP, National Ad Sales as part of a broader revamp of the cable programmer’s sales team.
Naman Ramachandran Los Angeles-based independent film studio XYZ Films has hired Celine Lin as senior VP of international sales and distribution. Lin will spearhead the company’s distribution and licensing strategy across the Asia Pacific region and in select European markets. She will report to XYZ president of international sales and distribution, Tatyana Joffe.
Todd Spangler NY Digital Editor Disney CEO Bob Iger saw his compensation hit $31.6 million in 2023 — down from $45.9 million in 2021, his last prior full year of employment at the company. Iger’s 2023 pay package included $865,385 in base salary, plus 16.1 million in stock awards, $10 million in stock-option awards, $2.14 million cash bonus and $2.48 million in other compensation, according to the company’s proxy statement filed Tuesday with the SEC. His contract with Disney runs through the end of 2026.
Disney CEO Bob Iger’s compensation totaled about $31.6 million for the company fiscal year ended Sept. 30. It includes most of the year. Iger returned to lead Disney in November of 2022.
Bob Chapek, a nearly three-decade Disney veteran who was ousted in 2022 as the media company’s CEO, has been appointed to the board of directors of medical tech firm Masimo.
Apple’s new mixed reality headsets will include thousands of Disney+ TV shows and movies along with four “iconic environments” where users can watch them as the tech giant unveiled more details of its upcoming Apple Vision Pro.
Matt Scarff is taking the reins at albert, the BAFTA-owned organization that works with the industry to help it embed climate action and sustainability into its work – on and off screen.
The surprise announcement this week of “The Mandalorian & Grogu” raised a ton of questions about the galaxy of Lucasfilm.
Pixar Animation Studios is planning to reduce its workforce in the coming months, an insider confirmed to Deadline, as part of overall content spending trims at Disney.
News Corp today announced that veteran communications executive Arthur Bochner is set to become chief communications officer and EVP at News Corp. when Jim Kennedy retires later this year.
Disney convened its fourth annual Tech and Data Showcase for advertisers at CES in Las Vegas on Wednesday, kicking it off with affirmation from CEO Bob Iger.