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Group says it is not persuaded that billionaire activist’s plans for entertainment group are superior
JPMorgan boss praises ‘outstanding leader’ as bank advises media group on battle with activist
US media group will trim financial exposure to what has become a lossmaking venture on the subcontinent
Streaming losses narrow as entertainment group plots new ventures including $1.5bn investment in Epic Games
Plus, Peltz reignites proxy fight with Disney and Brookfield raises $30bn
Company says Trian is working with ousted executive who has ‘personal agenda’ against CEO Bob Iger
In his second act, Bob Iger must overcome streaming losses and investor pressure to pull off a new era of creativity
Chief executive says studios will make less content but concentrate on quality after ‘losing focus’
Disney and Comcast prepare for battle over the price of full ownership of the streaming service
After investing in streaming, media groups are looking to offload traditional broadcasting operations
Latest earnings report shows narrowing streaming losses but declining revenue in traditional television and film units
Streaming losses forecast to eat into profits when media group reports results this week
Tom Staggs and Kevin Mayer to consult on legacy TV business
The board has sweetened the returning chief’s incentives to stay before he has fulfilled the task of finding an heir
Plus, an investigation into AT&T’s hidden debt and a central character in the Trafigura nickel scandal goes on the defence
Contract extension puts chief’s reputation as one of entertainment industry’s most successful leaders on the line
Expect stagnation and half measures while he stays in charge
Board extends recently returned chief’s short-term contract to 2026 and increases potential bonus
But falling subscriber numbers after loss of Indian Premier League rights weigh on shares after earnings results
Remarks come as Florida governor asks for investigation into last-minute changes to curb power of oversight board
Move is part of efforts to eliminate 7,000 roles, say people briefed on the matter
Media company is trying to find $5.5bn in savings to stem video streaming losses
Selling off streaming service or sports network would sharpen focus on superbrands such as Marvel and Star Wars
Research on CEO hiring highlights the advantages of running an unlisted firm
The Disney chief’s smoking of the peace pipe with the activist investor may be the easy part
International Edition