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Disney was responding to Peltz's criticism of recent films as the activist investor's fight with CEO Bob Iger over board seats comes to a head

NEW YORK (Reuters) -With less than a week to go before shareholders elect Walt Disney's board, the race for votes heated up on Thursday as one institutional investor sided with CEO Bob Iger and the company's directors, while another backed hedge fund manager Nelson Peltz's Trian Fund Management. The New York City Retirement System, which owned $291 million worth of Disney stock at the end of last month, said the entertainment giant should get more time to achieve the strategic transformation it is working on under Iger, rejecting the nominees from Trian and Blackwells Capital, ...

Activist investor Nelson Peltz has slammed Disney for its all-women casts, such as the 2019 Avengers: Endgame', (right), and all-black casts, such as Black Panther (below right).

Disney's streaming bundle combining Hulu and Disney+ in a single app has officially launched after a three-month beta period.

Disney Bundle subscribers will now see integrated Hulu content on their Disney+ app, part of Disney's plan to increase viewer engagement and reduce churn.