Benzinga
Benzinga
  • 7 months ago
Disney is facing pressure from shareholders to change its strategy due to lackluster box office returns, high costs for its streaming service Disney+, and questions about the future of its legacy TV business. At its annual shareholder meeting on April 5th, investors will vote on calls for changes to Disney's board, with billionaire investor Nelson Peltz campaigning for two seats. Peltz and his allies have questioned Disney CEO Bob Iger's plans to turn the company around and identify a new leader after two unsuccessful CEO successors.

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