Who is Nelson Peltz, Disney’s billionaire investor?

So-called activist investor Nelson Peltz, who is aiming to win two Disney board seats, has stirred some controversy by pointing out Disney’s recent “woke” strategy by diversifying its film franchise. Marvel Studios.

The 81-year-old businessman has worked for and supported food companies including Wendy’s and HJ Heinz DeSantis presidential campaignthere is a lot to say Miracle and black panther during an interview Financial Times. “Why I must have a Marvel [movie] Are they all women? ” Peltz asked the publication. “Not that I have anything against women, but why would I do that? Why can’t I have a Marvel that’s both? Why do I need an all-black cast? ” Side note: Peltz happens to be the father of Nicola Peltz, who played Katara in 2010’s infamous “Very White” the last airbender adapt.

He continued, “People go to a movie or a show to be entertained. They don’t go to get informed.” Since he also claims to have no media experience, it’s interesting that Peltz’s Trian Partners is pushing for the vote as Ike Perlmutter wants revenge on Disney CEO Bob Iger, who fired him from his position at Marvel Entertainment last year. type According to the report, “Trian controls about $3.5 billion worth of Disney stock, 79% of which is owned by Perlmutter.” This can be traced back to Perlmutter’s feud with Kevin Feige, who pushed Got it black panther and Captain Marvel. Perlmutter had been opposed to diversity in Marvel movies until Iger stepped in, forcing his hand and allowing the movies to be made.

Ryan Coogler’s black panther“”, starring the late Chadwick Boseman, grossed $1.35 billion at the global box office; it kicked off an Oscar-winning franchise and brought more inclusivity to the Marvel Cinematic Universe. Publicly proving Perlmutter wrong while exposing the former Marvel executive’s efforts to prevent the production of various superhero toys, merchandise, and movies was what truly won Feige over to the public.Recent studio missteps include Miracle have Some Marvel watchers wonder whether Feige’s stance should be questioned. When asked by the Financial Times whether that should be done, Peltz responded: “I’m not ready to say that, but I question his record.”

Disney board member George Lucas recently issued a statement opposing Peltz (reprinted in type and elsewhere) supports Bob Iger in rejecting his bid. “Making magic is not for amateurs,” Lucas told Peltz, who also admitted to the Financial Times that he was a bit of a bully. (“What’s the point of being a billionaire if you’re not a bully?” Peltz was quoted as saying.) It’s an odd stance to bring to Disney, in direct opposition to everything it stands for.

Lucas continued, “When I sold Lucasfilm more than a decade ago, I was delighted to become a Disney shareholder because of my long-standing admiration for its iconic brands and Bob Iger’s leadership.” He added: “I was relieved when Bob recently returned to the company during a difficult time. No one understands this better than Disney. I remain a significant shareholder because of my belief in the power of Disney and Bob’s record of driving long-term value With full confidence and confidence. I have voted all of my shares for Disney’s 12 directors and urge other shareholders to do the same.”

Peltz aims to add more board seats to his hedge fund firm by acquiring Disney and support an agenda championed by his silent third-party partner Ike Perlmutter during his tenure at Disney. hollywood reporter It was revealed that Perlmutter was already prepared after he was fired, and he immediately pledged his shares in Disney to Peltz. Before Iger’s return, Peltz had attempted a proxy fight with the company over its losses, but his return was delayed. With this seat bid, he hopes to have a more direct influence on the company’s board of directors in the second round.


Want more io9 news?Find out when the latest news is released Miracle, Star Warsand Star Trek Release, what’s next? DC Universe in Movies and TVand everything you need to know about the future doctor who.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *