Posts by Blackwells Capital
Disney’s AI ‘mediocrity’ is holding its stock back, activist says
Blackwells Capital Files Definitive Proxy Statement for Disney’s 2024 Annual Meeting and Releases Letter to Fellow Shareholders
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) — Blackwells Capital, LLC (“Blackwells”), a shareholder of The Walt Disney Company (“Disney” or the “Company”) (NYSE:DIS), filed its definitive proxy statement with the Securities and Exchange Commission (“SEC”) in connection with its nomination of Jessica Schell, Craig Hatkoff and Leah Solivan for election to the board of…
Read MoreBlackwells Capital Releases its Vision for the Future of Technology at Disney
The Future of Technology at The Walt Disney Company
Does Disney Need a CTO?
Lately, Disney has been in an ongoing high-profile feud with activist investor Nelson Peltz of Trian Partners, and now the entertainment giant is facing calls from another activist investor to shake up its C-suite. This time, though, the focus isn’t on CEO Bob Iger, but rather Disney’s lack of a singular chief technology officer (CTO). Hedge fund Blackwells Capital,…
Read MoreDisney Activist Investor: Studio Should Embrace AI to Create Characters, Improve Parks
Should Disney release AI-generated Hollywood movies to realize its true shareholder value? A technology “vision” statement from Blackwells Capital — an activist firm run by Jason Aintabi campaigning for board seats at Disney’s annual meeting set for April 3 — asks the studio to take advances in artificial intelligence seriously. READ MORE>>
Read MoreIs Disney Lagging on AI? That’s Part of an Activist Investor’s Latest Critique.
An activist investor blasted Walt Disney Co. on Monday for its “mediocrity” on artificial intelligence and augmented reality and continued a campaign for seats on the media giant’s board of directors. Blackwells Capital said that Disney DIS, -2.68% faces “significant technological issues” that put it behind peers, advocating that the company establish a single chief technology officer to…
Read MoreDisney activist Blackwells demands AI strategy to boost shares
Disney Urged by Activist to Create Corporate CTO Role
Blackwells Capital Files Definitive Proxy Statement for Disney’s 2024 Annual Meeting and Releases Letter to Fellow Shareholders
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) — Blackwells Capital, LLC (“Blackwells”), a shareholder of The Walt Disney Company (“Disney” or the “Company”) (NYSE:DIS), filed its definitive proxy statement with the Securities and Exchange Commission (“SEC”) in connection with its nomination of Jessica Schell, Craig Hatkoff and Leah Solivan for election to the board of…
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