The Walt Disney Co. (NYSE:DIS) is in a death spiral. This will have important implications for DIS stock holders.Bob Iger can’t fix it. Nelson Peltz can’t fix it. It’s inevitable.How can I say this? I am not a financial analyst, not a TV pundit. I am just a print journalist. But I have followed the Internet since 1985, before many of you lot were born.I have seen this movie before.Almost 30 years ago, I hid behind a pillar at an Atlanta Press Club Christmas Party. I listened to a newspaper publisher confide ...

Gen Z stocks aren’t typical, because the generation has a unique relationship with the stock market. Just like Gen Z is the first to grow up fully immersed in digitization and the Internet culture, active market investing and trading is just another fact of life for a sizeable subset. Gen Z effectively grew up with digital investment opportunities facilitated by fractional trading and “gamified” platforms, whereas past generations had a higher barrier to investment entry. Today, more than 50% of Gen Z activ ...

To drive subscriber growth and better hold its own against streaming competitors, Disney is turning to consumers’ affinity for other parts of its portfolio to drive Disney+ adoption.The media giant shared in a post to its Disney Parks Blog that starting Wednesday (Jan. 3), Disney+ subscribers receive a free dining plan with a four-night Walt Disney Travel Company package, which includes a resort stay and theme park admission. The move enables the company to use park visitors’ enthusiasm for the in-person of ...

BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) will discuss fiscal first quarter 2024 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Wednesday, February 7, 2024. Results will be released after the close of regular trading on February 7, 2024. To listen to the webcast, please visit www.disney.com/investors. The webcast presentation will be archived. ...

Key TakeawaysWalt Disney Co. said two investment firms that support Chief Executive Officer (CEO) Bob Iger plan to back him at the 2024 shareholder meeting, amid investor calls for change.ValueAct Capital Management L.P. said it will vote for the slate of directors offered by the company, while Blackwells Capital LLC indicated it plans to nominate three to the board.The moves came as activist investor Nelson Peltz demands changes at Disney, and seeks to join the board.The battle for control of the leadershi ...

It's been a year since I made five predictions for Walt Disney (DIS 0.07%) investors for 2023. I didn't get them all right.I predicted Disney+ would increase its subscribers in fiscal 2023 despite raising prices. It fell short, largely on a slide in India.My call for Disney shares moving higher in 2023 did play out, even if the 4% gain is well short of the market's return.As widely expected, CEO Bob Iger extended his contract.I was calling for the world's leading theme park operator to announce a fifth gate ...

Walt Disney Co (NYSE: DIS) is in focus this morning after ValueAct Capital said it will back the entertainment conglomerate in its proxy fight with Trian Fund Management.Nelson Peltz says it’s irrelevantCopy link to sectionAlso on Wednesday, Blackwells Capital – another activist investor revealed plans of nominating three members to Disney’s board who would support the company’s strategy as well. But none of it is sufficient for Nelson Peltz (founder of Trian) to change his stance, as per his interview with ...

Activist hedge funds ValueAct Capital and Blackwells Capital moved to back Disney as the business defends itself against a challenge from a third activist investor, Trian Fund Management.The unusual twist in the battle for Disney’s board underscores the high stakes in the company’s attempted turnaround under CEO Bob Iger.Iger led Disney from 2005 to 2020, and returned to the helm in November 2022 as investors punished the company’s stock for a $1.5bn quarterly loss in its streaming division and the underper ...

Disney (DIS) has been dethroned as the global box office king for the first time since 2015. The rival studio, Universal Pictures, owned by Comcast (CMCSA) , claimed the crown with $4.91 billion in ticket sales compared with Disney’s $4.83 billion. Warner Bros. Discovery (WBD) landed in a distant third place at the global box office with a collection of $3.84 billion globally, led by Barbie, The Nun II and Wonka.This marks a milestone, breaking an eight-year streak of Disney’s dominance in the filmmaking re ...

Activist investment firm ValueAct Capital Management agreed to back Walt Disney’s board nominees at its upcoming shareholder meeting as the entertainment giant looks to fight off a proxy battle from Nelson Peltz.Disney signed an agreement to share confidential company information with ValueAct, plus consult with the San Francisco-based firm “on strategic matters, including through meeting with the Disney Board and management,” per a press release shared with The Post on Wednesday.“ValueAct Capital has a tr ...