Future of Disney

@Disney shareholder Blackwells Capital, led by Jason Aintabi, wants to ensure the right collection of minds is around the Disney Boardroom table.

[Future of Disney @futureofdisney]

.@Disney Shareholders: Please vote your proxy today on the GREEN universal proxy card “FOR” each of the Blackwells nominees and the Blackwells proposal.

Visit https://t.co/EEdsy11G6b
Email [email protected]
Call toll-free at [phone]

#thefutureofdisney

[Future of Disney @futureofdisney]

.@Disney's board continues to withhold key information for shareholders about its relationship with ValueAct.

Disney shareholders deserve objectivity and transparency.

To transform #thefutureofdisney, we need to change the culture in Disney’s boardroom.

[Future of Disney @futureofdisney]

We believe @disney shareholders are entitled to full disclosure regarding the relationship between Disney and ValueAct and their information-sharing agreement.

Blackwells is demanding the clarity all shareholders deserve about this relationship.

And, there’s much more to our vision for the future of Disney – read all about it here: https://t.co/i9xXSIPH8L

[Future of Disney @futureofdisney]

A board member with experience in media and entertainment is critical for @Disney's future.

Nelson Peltz, in addition to other significant shortcomings, has no media and entertainment experience to speak about.

We’ve nominated stronger candidates with decades of expertise. Learn more about #thefutureofdisney: https://t.co/G2GGLAPhdZ

#disneydeservesthebest

[Future of Disney @futureofdisney]

Nearly 80% of Trian's stake in @Disney belongs to Ike Perlmutter.

Whose views would the Board hear: Mr. Peltz’s or Mr. Perlmutter’s?

#thefutureofdisney #disneydeservesthebest

[Reuters Legal @ReutersLegal]

Blackwells Capital is ratcheting up the pressure on Walt Disney in a bruising boardroom battle by suing the entertainment giant in Delaware court for information that may point to possible disclosure violations in dealings with hedge fund ValueAct Capital https://t.co/2xqvrbMOmj

[Future of Disney @futureofdisney]

Blackwells Sues Disney Over Ties to ValueAct in Proxy Fight, via @Bloomberg

https://t.co/ClF97Xr3E6

[Future of Disney @futureofdisney]

Via @SeekingAlpha: Blackwells sues Disney seeking ValueAct records in heated proxy battle

https://t.co/Uft6OqzOMN

[Deadline @DEADLINE]

Disney Investor Blackwells Capital Sues The Company As Shareholder Vote Nears Close; Media Giant Calls Allegations "Baseless" And "Desperate" https://t.co/iiwiUAjc5L

[Future of Disney @futureofdisney]

We strongly urge shareholders to disregard Trian’s proxy campaign.

Their nominees to @Disney’s board – Nelson Peltz and Jay Rasulo – would bring nothing but chaos and flip-flopping mismanagement.

Blackwells Chief Investment Officer Jason Aintabi explains: https://t.co/1sHQeoepfY

[Future of Disney @futureofdisney]

Investors are racing to distance themselves from Nelson Peltz.

So many investors have fled that Mr. Peltz shuttered his U.K. fund in 2023 due to investor redemptions.

In the U.S., major pension funds have abandoned Trian leading his total assets under management to collapse 40% — from $12.5 billion in 2015 to less than $8 billion today.

Like the major pension funds, will @disney shareholders also run for the exits if Mr. Peltz takes charge?

#thefutureofdisney #disneydeservesthebest

[Future of Disney @futureofdisney]

Trian claims that since its founding in 2005, it has outperformed the S&P 500. But Mr. Peltz hasn't produced a shred of evidence to back it up.

Mr. Peltz's claims overstating his performance have led to a long history of Trian having to file regulatory corrections with the SEC.

How can you take Mr. Peltz seriously when he regularly makes such improbable and easily debunked claims about his firm's board performance?

#thefutureofdisney #disneydeservesthebest

[Future of Disney @futureofdisney]

The culture of @disney's boardroom needs a change.

How?

Blackwells Chief Investment Officer Jason Aintabi details exactly that right here: https://t.co/r3Ba9xqx4D

[Future of Disney @futureofdisney]

It doesn't matter how you look at it. Trian’s investment track record — from the day they purchase to the day they sell their investments — is completely underwhelming.

From 2019 to 2023, Trian’s cumulative return in its investment fund was 59% (the S&P 500 was 87%, by comparison).

Trian underperformed the S&P 500 by more than 4% annually over the last five years, with 9.7% annualized returns for Trian vs. 14% annualized returns for the S&P 500 during the same period.

Will @disney be the next case study of Mr. Peltz's board failures?

#thefutureofdisney #disneydeservesthebest

[Future of Disney @futureofdisney]

Nelson Peltz has moved the goalposts.

Trian doesn't dispute that of the 22 instances that Nelson Peltz or Trian joined company boards, 70% of those companies underperformed the S&P 500 during Trian’s board tenure.

But now, Trian is urging critics to "measure performance from the time of Trian’s involvement through Nelson Peltz’s board tenure and beyond" — not just the time between when Mr. Peltz joined and left boards.

Trian used to brag about the same methodology it now dismisses. Is Trian moving the goalposts to obscure its negative share price impact during its Board tenures?

#thefutureofdisney #disneydeservesthebest

[Future of Disney @futureofdisney]

.@Disney shareholders have suffered a $200 billion destruction of value in their investments over the last three years.

Blackwells believes that Disney will never be valued as a tech company if it doesn’t think like a tech company. Blackwells Chief Investment Officer Jason Aintabi explains: https://t.co/S0UPxheBCE

[Future of Disney @futureofdisney]

Nelson Peltz says: “I told Unilever not to pull out [of Russia] and so far they’ve listened. If we pull out of Russia, they will take our brands for themselves. I don’t think that’s a good trade.”

If Mr. Peltz's judgment is this off-base when it comes to his other investments, who knows what mistakes he’d make if left in charge of @disney’s board?

Read our letter to Disney shareholders: https://t.co/UzrkZs9Ij0

#thefutureofdisney #disneydeservesthebest

[Future of Disney @futureofdisney]

In regard to @disney’s 2023 movie The Marvels, Nelson Peltz says: “Why do I have to have a Marvel [movie] that’s all women?”

Disney’s board doesn’t need someone like Mr. Peltz on its board who’s stuck in the past — it needs fresh ideas to propel it into the future.

Read our letter to Disney shareholders: https://t.co/UzrkZs9Ij0

#thefutureofdisney #disneydeservesthebest

[Future of Disney @futureofdisney]

Blackwells Capital Slams Nelson Peltz for ‘Disturbing’ Statements About ‘The Marvels,’ ‘Black Panther’

https://t.co/NVuoOCwb40

[Future of Disney @futureofdisney]

When it comes to the $1.3B box office hit Black Panther, Nelson Peltz asks: “Why do I need an all-Black cast?”

Recently, Mr. Peltz has made a series of disturbing public statements that Blackwells believes are an affront to Disney’s customers, employees and shareholders.

Is this a person who should be anywhere close to @disney’s board?

Read our letter to Disney shareholders: https://t.co/UzrkZs9Ij0

#thefutureofdisney #disneydeservesthebest

[Future of Disney @futureofdisney]

Nelson Peltz says: “What sense is being a billionaire if you’re not a bully?”

Do shareholders really want this billionaire bully leading @disney’s board into the future?

Read our letter to shareholders about #thefutureofdisney: https://t.co/yd91vwAL2j #disneydeservesthebest