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Peltz lacks “the skills and experience” – Disney

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The boardroom battle between Disney CEO Bob Iger and activist investor Nelson Peltz has ratcheted up.

The entertainment giant slammed Peltz in a letter to shareholders, defending its decision to deny him a board seat.

The letter implied he “lacked the skills and experience” to help the media and entertainment giant.

The searing comments came after Peltz formally launched a fight for a board seat to rescue Disney from what he called a “crisis” of overspending on its Disney+ streaming business, its purchase of 21st Century Fox and failed succession planning.

The billionaire’s move pits Peltz against Iger, who recently returned from retirement to lead Disney for a second time.

Disney said it was already working to improve profitability at Disney+ and that it was rolling out broader cost-cutting measures.

Peltz’s Trian Fund Management owns a .5% stake, or roughly $900 million in Disney,

Investors may vote this year on whether he should sit on the company’s board.

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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

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Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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Money

Financial stress deemed a leading cause of relationship breakdowns

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Expert insights on preventing financial conflicts and keeping relationships thriving

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Dee Tozer, Couples Master Coach.

#investment insights

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