Shutthiphong Chandaeng Overview My recommendation for Magnite (NASDAQ:MGNI) is a buy rating, as I believe MGNI can at least grow in line with the industry's growth rate and that the Disney deal impact is not going to be as bad as the market thinks. As MGNI shows the market that growth is not impacted through this deal and that valuation should improve back to where it was trading, and in line with peers, at 3x forward revenue. Business MGNI is an online advertising solution provider that helps businesses au ...

ToplineDisney CEO Bob Iger on Wednesday said the company will make the ESPN streaming service it plans to launch in 2025 available through Disney+ for viewers willing to bundle their subscriptions and said the new service will include fantasy sports, e-commerce and other features.In this photo illustration, the ESPN logo is displayed on a smartphone screen with the Disney logo ... [+] in the background.SOPA Images/LightRocket via Getty Images Key FactsIger spoke about the new service, first announced last M ...

Disney's (DIS) annual shareholder meeting on Wednesday brought a victory for the company's board nominees including CEO Bob Iger after a months-long proxy battle with activist investors and offered key details on the entertainment giant's streaming strategy and parks segment. Disney Beats Activist Investors in Board Battle Shareholders voted to elect all 12 board members nominated by Disney, including CEO Bob Iger, bringing an end to a months-long proxy battle between the company and activist investors. ...

Bob Iger seems to have convinced investors that he's really turning Disney around.But he won't get a final grade until he does the one thing he's been very bad at — finding a successor.We won't know how that pans out for some time. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign ...

Walt Disney Co. CEO Bob Iger touted as a “win-win” the recent settlement of litigation with the Ron DeSantis-appointed special district board that oversees the company’s Florida theme park properties. At the company shareholders meeting today, Iger said that the settlement “will actually enable us to pursue the kinds of significant investment in our Florida parks.” During a long battle with DeSantis, Iger had previously raised some doubts about the company’s continued investments in its Florida properties. ...

Walt Disney Co (NYSE: DIS) just secured victory against Nelson Peltz. Its shares are still in the red at writing.Retail investors largely favoured CEO Bob Iger Copy link to section On Wednesday, shareholders voted in favour of reelecting the entire board of Disney. Peltz and Jay Rasulo – former chief financial officer of the mass media behemoth, therefore, will no longer join its board.Retail investors voted largely in favour of CEO Bob Iger, as per sources that talked to CNBC on condition of anonymity on W ...

Scoring a big and costly win Wednesday against Nelson Peltz’s second attempt to get on the Disney board, Bob Iger was both gracious and a little biting in victory. Once the vote results were announced this morning during Disney’s annual meeting of shareholders, the past and present CEO address the virtual meeting to thank “shareholders for your trust and confidence in the Disney board and management and the ambitious strategy we’re implementing across our businesses to build for the future.” Of course, hav ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Disney chief Bob Iger prevailed in a bitter proxy battle with activist investors over the company’s board members Wednesday.The Mouse House garnered a “substantial margin” of support at its annual shareholders’ meeting, keeping its board of directors from relinquishing a board seat to Nelson Peltz, head of Trian management, and former Disney chief financial officer Jay Rasulo.Blackwells Capital, another hedge fund that nominated three board director candidates, was also unsuccessful in its attempt. Bob Iger ...

ToplineBillionaire activist investor Nelson Peltz’s high-profile proxy battle against Disney came to a head Wednesday at the company’s annual shareholder meeting, and, though Disney warded off Peltz’s push onto its board, the relative success of his campaign speaks to the long-term headaches felt by Disney investors.Nelson Peltz, left, and Elon Musk appear together in February.FilmMagic Key FactsDisney announced Wednesday afternoon its full slate of board nominees was approved, meaning Peltz and Jay Rasulo, ...