Archive.fm

Clownfish TV: Audio Edition

Disney Board Tries to Save Their A$$ES During Q1 Earnings Call?!

Broadcast on:
08 Feb 2024

Disney’s Q1 earnings call took place earlier today and Disney sounds PANICKED. They’re trying very hard to "razzle dazzle" their investors, throwing out a bunch of half-baked projects like Moana 2 (a repurposed Disney Plus series), going in on Fortnite, and making it seem like they actually have a plan. Bob Iger even took a shot at Nelson Peltz ahead of the impending proxy war, saying that he didn’t understand the "essence" of Disney. Neither does the current Disney board, to be honest. ➡️ Tip Jar and Fan Support: http://ClownfishSupport.com ➡️ Official Merch Store: http://ShopClownfish.com ➡️ Official Website: http://ClownfishTV.com ➡️ Audio Edition: https://open.spotify.com/show/6qJc5C6OkQkaZnGCeuVOD1 ➡️ Gaming News: https://open.spotify.com/show/0A7VIqE3r5MQkFgL9nifNc Additional Context: The proxy war between Nelson Peltz and Disney is a high-stakes corporate battle over control and strategic direction of the entertainment giant. Nelson Peltz, a billionaire activist investor known for pushing for changes in companies to unlock shareholder value, is seeking a seat on Disney’s board of directors through his investment firm, Trian Fund Management. Peltz argues that Disney is in need of strategic and operational improvements, citing concerns such as executive compensation, succession planning, and overall corporate governance. Disney, under the leadership of CEO Bob Iger, opposes Peltz’s bid, arguing that the company already has a solid plan for growth and that Peltz does not understand the "essence" of Disney’s business and culture. This confrontation has led to a public and contentious struggle for shareholder support, with both sides presenting their cases to investors in hopes of swaying votes in their favor. The outcome of this proxy war will have significant implications for Disney’s future strategy, leadership, and operations. About Us: Clownfish TV is an independent, opinionated news and commentary channel that covers Entertainment and Tech from a consumer’s point of view. We talk about Gaming, Comics, Anime, TV, Movies, Animation and more. Hosted by Kneon and Geeky Sparkles. Disclaimer: This series is produced by Clownfish Studios and WebReef Media, and is part of ClownfishTV.com. Opinions expressed by our contributors do not necessarily reflect the views of our guests, affiliates, sponsors, or advertisers. ClownfishTV.com is an unofficial news source and has no connection to any company that we may cover. This channel and website and the content made available through this site are for educational, entertainment and informational purposes only. These so-called “fair uses” are permitted even if the use of the work would otherwise be infringing. #Disney #Fortnite #News #Commentary #Reaction #Podcast #Comedy #Entertainment #Hollywood #PopCulture #Tech