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Activist investor Blackwells said Monday that Disney’s board had not disclosed that shareholder ValueAct Capital had a financial relationship with the entertainment company, raising questions about the board’s information sharing amid a multi-party proxy fight. Mason Morfit and his $12 billion investment firm ValueAct were heralded as “constructive” shareholders by Disney CEO Bob Iger in January, when the company secured ValueAct’s backing…

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,…

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>>

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…