Peltz therefore wants to replace the current top management or at least have a seat on the board of directors to adjust the company. He believes that Disney has gradually “lost the magic” and calls for a drastic turnaround. Not only because, in his opinion, the stock price is below average, but also ideologically, he believes, the current Disney top has lost its footing.
In this way, Peltz makes good use of the ‘culture war’ in which the company is embroiled. According to some (radical) right-wing voices, Disney is taking a course that would be ‘too woke’. “A ‘Black Panther’ film only with black actors? ‘The Marvels’ with an all-female cast, is that really necessary?” Peltz said, among other things. Bob Iger believes that it is precisely because of these statements that Peltz has no business at Disney.
2024-04-03 21:01:00
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