Disney's future: What Nelson Peltz's investment might mean for the company

Yahoo Finance Video
1 年前

This week Disney (DIS) was caught off guard by Nelson Peltz's decision to boost Trian Fund Management's investment in the entertainment company, though a Disney source refuted that description to Yahoo Finance Executive Editor Brian Sozzi. Sources close to the matter tell Sozzi that Peltz is seeking multiple board seats, including one for himself, after originally giving up his campaign for a seat back in February of this year. With CEO of Disney, Bob Iger, already taking an "expansive" look at traditional TV assets held by the company, Peltz's move further calls into question the future of the media giant.

Pucknews Founding Partner William Cohan joins Yahoo Finance to break down Peltz's decision to further his investment and what this could mean for the future of the company.

Cohan states "Nelson has a way of getting what he wants" when it comes to getting the company to speed up their timeline and take action to solve problems.

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