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Disney\u2019s shareholders could have simply saved the corporate! The newest shareholder vote has determined towards bringing Nelson Peltz onto the Board of Directors. <\/p>\n
It\u2019s been an fascinating week for Disney followers. Recently, a proxy battle across the firm\u2019s Board of Directors has come to a head, with activist investor Nelson Peltz trying to exchange lots of the seats with himself and allies of his to make modifications to the corporate, together with eliminating the corporate\u2019s plans for \u201cwoke\u201d movies. <\/p>\n
\u201cPeople go to watch a movie or a show to be entertained,\u201d Peltz advised the Financial Times<\/a>. \u201cThey don\u2019t go to get a message.\u00a0Why do I have to have a Marvel that\u2019s all women? Not that I have anything against women, but why do I have to do that? Why can\u2019t I have Marvels that are both? Why do I need an all-Black cast?\u201d<\/p>\n These feedback led many followers to fret that Nelson Peltz would attempt to pull an organization towards a reactionary bent, being the newest in a protracted line of billionaires buying media firms in an try and additional their agenda below the guise of eliminating the \u201cwoke\u201d agenda. <\/p>\nDisney\u2019s Shareholders Block Nelson Peltz\u2019s Takeover<\/h2>\n