Ellen DeGeneres wants to make a comeback… but are people ready for it?
29.05.2024 - 23:37 / variety.com
Todd Spangler NY Digital Editor Nelson Peltz cashed out his shares of Disney shortly after the activist investor lost his bid to win seats on the Mouse House’s board, according to a CNBC report Wednesday. Peltz sold all of his Disney stock at “close to $120 dollars a share,” making about $1 billion on the sale, CNBC reported, citing an anonymous source.
That would indicate that Peltz sold the shares in the days immediately after the April 3 Disney shareholder meeting — where his bid to shake up Disney’s board was soundly defeated. A rep for Trian Partners, the hedge fund headed by Peltz, declined to comment.
Disney did not immediately respond to a request for comment. At the April 3 virtual meeting of Disney shareholders, investors voted to reelect the current 12-member board of directors by a substantial margin over the candidates nominated by Trian — Peltz himself and ex-Disney CFO Jay Rasulo — and a smaller investment firm, Blackwells Capital.
Peltz, in an appearance on CNBC April 4, had threatened to resume his activist agenda at Disney if the company and CEO Bob Iger did not keep their “promises.” “I hope this is not a redo of last year where we pulled out, gave management a chance and the stock went down,” Peltz said in the CNBC interview. He added, “Whether we stay [invested in Disney] or not, we don’t make those kinds of announcements.” Peltz’s Trian had at one time controlled 32.3 million shares of Disney, including about 30 million owned by former Marvel Entertainment head Ike Perlmutter.
(Disney alleged Perlmutter harbored a longstanding personal vendetta against Iger.) At the end of 2023, Trian’s stake represented 1.8% of Disney’s outstanding shares. In his proxy fight, one of Peltz’s biggest complaints was
.Ellen DeGeneres wants to make a comeback… but are people ready for it?
Bruised Callum McGregor has admitted to feeling ‘embarrassed’ and ‘angered’ by Scotland’s feeble showing during the mauling in Munich, writes Keith Jackson in Germany.
Karen Dunbar has hailed the care she received after experiencing problems with her voice which she believes was caused by vaping.
Marvel‘s troubled Blade film starring Mahershala Ali has hit yet another bump in the road with director Yann Demange exiting the project.Per a report from Variety, sources with inside information have claimed that Demange – who has helmed Top Boy and Lovecraft Country – departed from the film “weeks ago” amicably, as the film’s development cycle dragged on.This marks the second director to leave the film. Mogul Mowgli director Bassam Tariq, who was originally tapped to direct, departed from the film in 2022, just weeks before it was due to begin filming.Variety also noted that screenwriter Eric Pearson, who has co-written next year’s The Fantastic Four, is the latest writer to take a stab at Blade‘s script.
Adam B. Vary Senior Entertainment Writer Another one bites the dust. Filmmaker Yann Demange (“Lovecraft Country”) is no longer set to direct “Blade,” Marvel Studios’ long-in-the-works reboot of the vampire superhero franchise set to star Mahershala Ali.
The former “House of Cards” star told Piers Morgan on Tuesday about his relationship with Charles, 75, who knighted Spacey the year before the actor’s fall from grace in Hollywood.Morgan, 59, asked Spacey if Charles reached out to him when the sexual assault allegations broke in 2017, and Spacey said, “No, I haven’t heard from him directly, no.”“But through other people?” Morgan asked.“That may be true,” Spacey said. Morgan pressed Spacey on if the British monarch sent him a message at the height of the scandal.
Phil Jones has questioned whether England are better prepared for Euro 2024 without Marcus Rashford. Gareth Southgate omitted the Manchester United forward from the Three Lions squad following a disappointing campaign.
Fans are NOT impressed with Tarek El Moussa’s latest social media skit.
After years of acrimony between Disney and Florida Gov. Ron DeSantis, the two sides are working on a new development agreement that would provide assurances and guardrails for the Bob Iger-run behemoth as it plans to expand near Orlando. In exchange, the State of Florida would see up to $17 billion in investment from Disney over “the next ten to twenty years.” It also sets the stage for a fifth park at the resort.
Disney CEO Bob Iger was presented with an honorary knighthood.
Coronation Street's Channique Sterling-Brown has opened up about the unexpected downside of her impressive weight loss journey in a touching Instagram post.The star, known for her role as Dee-Dee Bailey on the ITV soap, is no stranger to sharing glimpses of her glitzy life online and has recently been at the centre of an intense plotline, with her character fighting for Roy Cropper's freedom from a wrongful murder conviction. But in a twist last month, it turned out her on-screen beau Joel Deering (played by Callum Lill) was actually behind the tragic demise of Lauren Bolton.
Niall Horan has kicked off the North American leg of his The Show Live on Tour and you can check out the set list here.
Us Weekly in an article published Thursday. “And while there are a lot of wonderful men in the world, can you see another Steve Irwin? I just can’t.
Sony is in talks to purchase Queen‘s music catalogue in a potential $1 billion (£800m) deal.According to Bloomberg, Sony is allegedly working alongside another investor on the purchase of the catalogue – which includes hits such as ‘Bohemian Rhapsody’ and ‘Radio Gaga – which would be the largest sale of its kind.The transaction would include merchandising and other business opportunities. The Bloomberg report shared that talks were still ongoing and could potentially not result in a deal.As per company filings, Queen’s surviving members – Brian May, Roger Taylor, John Deacon – and the estate of late frontman Freddie Mercury are all equal shareholders in Queen Productions Ltd and reported revenues of $52 million (£40.8 million) in 2022.Back in 2021, Bruce Springsteen sold his back catalogue to Sony for an estimated $500 million (£393 million).
Nelson Peltz may have lost the battle with Disney, but in strict financial terms may have won the war.
Diego Ramos Bechara editor The line where the sky meets the sea is calling Moana once again, as Disney has released the first trailer for its highly-anticipated “Moana” sequel. The trailer sees the return of Moana and Maui, voiced by Auliʻi Cravalho and Dwayne Johnson, respectively, on another oceanic adventure. According to its official description, “Moana 2” reunites “Moana and Maui three years later for an expansive new voyage alongside a crew of unlikely seafarers.
Disney Legend Richard M. Sherman, half of the Academy Award-winning songwriting team of the Sherman Brothers with his late brother, fellow Legend Robert B. Sherman, died today at Cedars-Sinai Medical Center in Beverly Hills at 95 from age-related illness.
Disney director James Gorman, who retired as CEO of Morgan Stanley in January after a smooth succession process, will also be stepping down as executive chairman of the financial giant.
Marvel Studios’ Vision in a newly greenlit Disney+ series.Variety reported yesterday (May 23) that the as-yet-titled series will be helmed by showrunner Terry Matalas, who led the recent seasons of Star Trek: Picard as executive producer. It is currently earmarked for a 2026 release.The report states that Matalas was brought in by Marvel after being impressed by his work on Star Trek: Picard, which has seen Marvel alumni Patrick Stewart heading his first Star Trek outing since 2002 film Star Trek: Nemesis.Bettany last played Vision in the 2021 Disney+ series WandaVision, where the character was resurrected and revamped into White Vision following his death in 2018’s Avengers: Infinity War.That year, Bettany revealed in an interview that his contract with Marvel had expired, stating: “I guess it would be difficult to introduce White Vision and not deal with him in some way, but we have not discussed that.”In 2022, Variety reported that a Vision spinoff series was in development by WandaVision creator Jac Schaeffer, who is currently preparing the September 2024 release of Disney+ series – and fellow WandaVision spin-off – Agatha All Along.Earlier this month, Disney CEO Bob Iger announced that there will be fewer new entries in the near future for the Marvel Cinematic Universe.
María Celeste Arrarás, as a month that brought her one of the greatest sorrows she has faced in her personal life. On May 2, the journalist unexpectedly lost her life partner, Raúl Quintana. There was no forewarning of the tragedy, no omen to decipher the storm approaching.Though she has been known to be private about her love life, just last December, María Celeste shared a photograph with Raúl, declaring him her “best gift.” Although their story dates back some time, this was the first image of them, which caused quite a stir; the tenacious and dedicated journalist everyone knew was in love, a side many might not have known.