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The Latest Breaking News from Nelson Peltz

Disney shares rise 7% after cutting streaming losses by $1 billion while gearing up for round two against Nelson Peltz

After a year of cost cuts, Disney is better positioned to ward off Peltz, who has long criticized its spending habits.

Fortune

'The wizard vs. the illusionist': Bob Iger faces another challenge as ex-Disney employees join activist investor Nelson Peltz in a personal vendetta against the iconic CEO

Trian's Nelson Peltz is going after Bob Iger for the second time this year in a bid to get a seat on Disney's board.

Fortune

Disney’s new CFO Hugh Johnston ‘knows how to deliver high-quality earnings,’ says a Wedbush analyst

Johnston is PepsiCo’s longtime CFO who will start at Disney on Dec. 4.

Fortune

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Disney execs consider radical shake-up as crisis hits centenary celebrations

Can Bob Iger make the House of Mouse sparkle again, despite its waning cinema clout, and the huge cost of keeping up with Netflix?

The Guardian - UK

It’s Easy to See Why Disney’s Put Options Are Unusually Active Right Now

Disney had four unusually active put options in Wednesday trading. Two of them had Vol/OI ratios in double digits. If you’re looking for an exciting income play, selling Disney puts makes excellent sense.

Barchart

Activist Investor Peltz Escalates Bid For Disney Board Seats

Nelson Peltz's Trian Fund Management pushes for multiple positions as Disney shares continue to decline.

Zenger

Disney’s billionaire activist investor is back as Nelson Peltz hikes both his stake and his demands

Peltz's Trian Partners reportedly has bought roughly $2.5 billion in Disney stock to back up its demands for not one but several boardroom seats.

Fortune

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Brooklyn Beckham and Nicola Peltz settle wedding lawsuits

All parties involved agreed to settle

The Independent UK

Iger’s Comments On Writers And Actors Strike Spark Controversy

Disney CEO Bob Iger faces backlash over criticism of media industry double strike.

Zenger

Gillian McKeith's daughter Afton claims Brooklyn Beckham blocked her after brief romance

Taking to TikTok, the 23-year-old actress asked fans who the most famous person who blocked them on social media was and proceeded to show a photo of Brooklyn's account.

Daily Record

Billionaire investing royalty is scared about more bank failures: ‘We are running out of time to fix this problem’

Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.

Fortune

Victoria Beckham ‘extended olive branch to end Peltz family feud’ at ‘peace summit’

The Peltz and Beckham families had denied all feud allegations, but thanks to Victoria, they have now firmly squashed the rumours following their 'peace summit' over Easter weekend.

Daily Record

Victoria Beckham celebrates 49th birthday with gushing tribute from David

Victoria is spending her birthday with her husband David, kids Brooklyn, Cruz, and Harper - as well as daughter-in-law Nicola Peltz.

Daily Record

Bob Iger says he's willing to meet with Florida Gov. Ron DeSantis about Disney World: 'I do not view this as a going-to-mattresses situation'

Disney and DeSantis have been sparring for over a year now, and despite the tension, Florida and Disney are deeply intertwined.

Fortune

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Fortune

Disney's Bob Iger wanted to fire Marvel's Ike Perlmutter even before he backed a proxy war

'This decision would have been made regardless,' claimed the returning CEO of Disney, who clashed with the frugal billionaire before.

Daily Record

Victoria Beckham squashes Nicola Peltz feud rumours with sweet post after wedding anniversary celebrations

Victoria Beckham put an end to speculation of a family feud with her daughter-in-law as she celebrated Brooklyn and Nicola Peltz's first wedding anniversary in Miami

Daily Mirror

Brooklyn Beckham gushes over 'gorgeous baby' wife Nicola as they holiday in Tokyo

The Peltz-Beckhams are enjoying a trip to Tokyo to celebrate their first year of marriage. The couple, who tied the knot last year in a lavish ceremony on Nicola's family's Florida estate, looked as loved up as ever

Daily Mirror

Brooklyn Beckham and Nicola squash David and Victoria feud with Easter peace summit

The Beckham and Peltz feud has potentially reached an end as David and Victoria Beckham meet with son Brooklyn and wife Nicola Peltz over the Easter weekend to resolve their dispute

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Cinemablend

Marvel Head Honcho Ike Perlmutter Claps Back After Disney Firing, Says It Wasn't A Shock

The former head of Marvel Entertainment speaks out on being fired by Disney.

Fortune

Billionaire ex-head of Marvel said he was fired for complaining its films were too expensive

Ike Perlmutter, the chairman of Marvel Entertainment, was one of the highest-profile casualties of Disney's recent layoffs last week.

Fortune

Months after backing an activist campaign against Bob Iger’s Disney, Marvel Entertainment chairman Ike Perlmutter is out

Perlmutter's role at Marvel Studios had shrunk over the years after a 2015 restructuring by Disney CEO Bob Iger.

Los Angeles Times

Marvel Entertainment's Ike Perlmutter booted amid Disney layoffs

Walt Disney Co. has bounced Marvel Entertainment chairman Isaac "Ike" Perlmutter.

Broadcasting & Cable

Disney Lays Off Marvel Entertainment Chairman Ike Perlmutter

Six months ago, Perlmutter led an unsuccessful effort to install activist investor Nelson Peltz on the Disney board. On Wednesday, his division was subsumed by Disney

Asharq Al-Awsat

Disney Lays off Chairman of Marvel Entertainment

Walt Disney Co has laid off Marvel Entertainment Chairman Isaac "Ike" Perlmutter as part of a cost-cutting campaign, a source confirmed Wednesday. Perlmutter had supported activist shareholder Nelson Peltz's unsuccessful bid to obtain a seat on Disney's corporate board. The executive was informed Wednesday that Marvel Entertainment, a consumer products…

Barchart

Disney Dumps Metaverse Aspirations. That Was an Easy Decision

The first of Disney’s 7,000 job cuts have begun to happen. One of the decisions was to eliminate approximately 50 jobs from its metaverse-driven next-generation storytelling unit. The move makes abundant sense. Here’s why.

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