Exclusive: The New York City Retirement Systems are in Disney’s corner amid bitter proxy fight with activist investor Nelson Peltz.
Disney’s “shares have performed well. Disney’s management and board are focused on a strategic transformation, and as shareholders we believe that they should be given the time to execute on this,” NYC Comptroller Brad Lander said in a statement to Deadline.
“What remains clear is that boards are most effective when members bring valuable perspectives and relevant experience and are focused on the long-term health of the company. Nelson Peltz’s troubling performance on other company boards raise concerns about the value he would bring to the table, and we do not believe this would be beneficial to preserving shareholder value,” he said. “The New York City Retirement Systems intend to vote in favor of the candidates nominated by management.”
The five city pension funds hold 2.6 million...
Disney’s “shares have performed well. Disney’s management and board are focused on a strategic transformation, and as shareholders we believe that they should be given the time to execute on this,” NYC Comptroller Brad Lander said in a statement to Deadline.
“What remains clear is that boards are most effective when members bring valuable perspectives and relevant experience and are focused on the long-term health of the company. Nelson Peltz’s troubling performance on other company boards raise concerns about the value he would bring to the table, and we do not believe this would be beneficial to preserving shareholder value,” he said. “The New York City Retirement Systems intend to vote in favor of the candidates nominated by management.”
The five city pension funds hold 2.6 million...
- 3/28/2024
- by Jill Goldsmith
- Deadline Film + TV
California Treasurer Fiona Ma has sent letters to the CEOs of seven Hollywood studios urging a return to the bargaining table with the WGA and SAG-AFTRA to end a months-long double strike that’s shut down much of the entertainment industry and is taking a major toll on the California economy.
“I write with deep concern regarding your failure to end the ongoing strike,” Ma said in letters dated Aug. 30 to Disney chief executive Bob Iger, Comcast CEO Brian Roberts, Paramount Global CEO Bob Bakish, Warner Bros. Discovery CEO David Zaslav, Netflix co-CEOs Ted Sarandos and Greg Peters, Apple CEO Tim Cook and Amazon CEO Andy Jassy. Read her letter here.
With the Writers Guild and Screen Actors Guild on strike, “virtually all film and television production in this country has come to a full stop. The impact of these two strikes paralyzes Hollywood and reverberates across the state, affecting countless businesses,...
“I write with deep concern regarding your failure to end the ongoing strike,” Ma said in letters dated Aug. 30 to Disney chief executive Bob Iger, Comcast CEO Brian Roberts, Paramount Global CEO Bob Bakish, Warner Bros. Discovery CEO David Zaslav, Netflix co-CEOs Ted Sarandos and Greg Peters, Apple CEO Tim Cook and Amazon CEO Andy Jassy. Read her letter here.
With the Writers Guild and Screen Actors Guild on strike, “virtually all film and television production in this country has come to a full stop. The impact of these two strikes paralyzes Hollywood and reverberates across the state, affecting countless businesses,...
- 8/31/2023
- by Jill Goldsmith
- Deadline Film + TV
As writers hit 100 days of being on strike, members approached the milestone with a large degree of resolve and enthusiasm, with some anger and questions simmering underneath.
The picket line outside the Netflix and Warner Bros. Discovery offices near Union Square was one of the largest seen in New York since the start of the Writers Guild of America strike on May 2. The WGA received more than 700 RSVPs just from its own members, but SAG-AFTRA members were also on the lines as were IATSE members, Local 802 musicians and more.
A Local 802 band and a drumline of all women, trans and non-binary musicians accompanied the picketers circling around the block. Local elected officials, including New York City comptroller Brad Lander and New York state senator Kristen S. Gonzalez, were in attendance as well as Rebecca Damon, executive director of SAG-AFTRA’s New York local, as well as big-name actors such as Richard Gere and Bob Odenkirk.
The picket line outside the Netflix and Warner Bros. Discovery offices near Union Square was one of the largest seen in New York since the start of the Writers Guild of America strike on May 2. The WGA received more than 700 RSVPs just from its own members, but SAG-AFTRA members were also on the lines as were IATSE members, Local 802 musicians and more.
A Local 802 band and a drumline of all women, trans and non-binary musicians accompanied the picketers circling around the block. Local elected officials, including New York City comptroller Brad Lander and New York state senator Kristen S. Gonzalez, were in attendance as well as Rebecca Damon, executive director of SAG-AFTRA’s New York local, as well as big-name actors such as Richard Gere and Bob Odenkirk.
- 8/9/2023
- by Caitlin Huston
- The Hollywood Reporter - Movie News
Picketers gathered outside Warner Bros. in Burbank today found themselves buoyed by a unique presence: Flavor Flav. The hip-hop icon-turned-reality star showed up to cheers from the assembled WGA supporters.
Dressed in a festive yellow-and-blue track suit and wearing a demure (for him) red clock around his neck, the Public Enemy also brought a boombox and blasted the group’s classic “Fight the Power.”
Possibly even better, Flav brought a lot of food.
“A true spread of burgers and pizzas at Warner Bros courtesy of Flava Flav!” wrote Abbott Elementary writer-producer Brittani Nichols on Twitter above a photo of the rapper delivering at least a dozen boxes of grub.
A true spread of burgers and pizzas at Warner Bros courtesy of Flava Flav! Please come picket and eat! #WGAstrong pic.twitter.com/V1pJZ4raIr
— Brittani Nichols *Strike Version* (@BisHilarious) May 18, 2023
Flavor Flav just arrived at WB #WGAstrong pic.twitter.
Dressed in a festive yellow-and-blue track suit and wearing a demure (for him) red clock around his neck, the Public Enemy also brought a boombox and blasted the group’s classic “Fight the Power.”
Possibly even better, Flav brought a lot of food.
“A true spread of burgers and pizzas at Warner Bros courtesy of Flava Flav!” wrote Abbott Elementary writer-producer Brittani Nichols on Twitter above a photo of the rapper delivering at least a dozen boxes of grub.
A true spread of burgers and pizzas at Warner Bros courtesy of Flava Flav! Please come picket and eat! #WGAstrong pic.twitter.com/V1pJZ4raIr
— Brittani Nichols *Strike Version* (@BisHilarious) May 18, 2023
Flavor Flav just arrived at WB #WGAstrong pic.twitter.
- 5/18/2023
- by Valerie Complex, Rosy Cordero, Matt Grobar and Tom Tapp
- Deadline Film + TV
A few months before the beginning of one of the most trying years in New York City’s history, Bill de Blasio was in Des Moines, Iowa, sitting unbothered on the veranda of an administrative building on the Iowa State Fairgrounds.
Devoid of context, it was a strange place to find the mayor of the nation’s largest city. With proper context, it was even stranger. De Blasio traveled over 1,000 miles to the annual mecca of fried food and obscenely large farm animals because he was running for president, and...
Devoid of context, it was a strange place to find the mayor of the nation’s largest city. With proper context, it was even stranger. De Blasio traveled over 1,000 miles to the annual mecca of fried food and obscenely large farm animals because he was running for president, and...
- 4/11/2021
- by Ryan Bort
- Rollingstone.com
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