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Walt Disney shareholders backed Chief Executive Bob Iger and other company directors on Wednesday, defeating a campaign by activist investors who argued the storied entertainment giant had underperformed in the streaming-television era.
The lead-up to the Walt Disney Company's annual shareholders meeting on Wednesday is offering more hype and genuine drama than any of the studio's woke movies that have bombed at the box office.
In a win for The Walt Disney Co. and CEO Bob Iger, Disney says that all of its director nominees have been elected by shareholders, rebuffing the activist…
FILE PHOTO: Nelson Peltz founding partner of Trian Fund Management LP. speak at the WSJD Live conference in Laguna Beach, California October 25, 2016.
The battle for the future of Disney comes to a head Wednesday. It will shape the movies it makes, the future of Disney+ and Hulu, and how much the business spends on sport and amusement parks