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Disney Should Make Fewer Movie Sequels, Take ‘More Shots on Goal’ With Content Strategy, Activist Investor Argues in 133-Page White Paper
Nelson Peltz's Trian Partners, looking to win two seats on Disney's board, released a 133-page white paper suggesting strategic fixes.
Nelson Peltz’s Trian Partners, which is agitating to get two seats on Disney ‘s board, on Monday released a lengthy white paper analyzing the Mouse House’s financial performance — and suggesting strategic fixes. The firm continues, “The percentage of Disney films that are sequels, prequels, spin-offs or remakes has dramatically increased – suggesting a creative engine that is sputtering.” Trian is calling for “a comprehensive review of studio operations and culture” by the board, including the state of leadership, process and workflow. “On the same day that Disney agreed to acquire Fox, the board extended Mr. Iger’s employment agreement by four years and awarded him an ‘over-the-top’ compensation package, reasoning that doing so was ‘critical’ to driving long-term value from the acquisition,” the paper says.
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