Posted on 03/27/2024 3:01:12 PM PDT by Twotone
Billionaire Nelson Peltz criticized Disney's film strategy as pursuing woke messaging instead of simply being entertaining.
Owner of Trian Fund Management, Peltz has been rumored since 2023 to be seeking seats on Disney's board of directors for his company. With a reported $3.5 billion stake in the company, the investor has criticized CEO Bob Iger's reinstatement and other company moves.
With Peltz launching criticisms at the company, Disney has claimed that Peltz hasn't "presented a single strategic idea" over the course of two years that he has campaigned for board seats.
Peltz was asked in a recent interview about the mouse brand's comments, to which he countered with a series of retorts about its film divisions.
"They say we know nothing about the movie business — we don’t claim we do — but I don’t think they do, with five big losers in a row," he told the Financial Times. "They’ve lost first place in animation, they’ve lost first place in features. ... Maybe it’s time to change management in those divisions."
The woke messaging was a focal point for Peltz, who plainly stated that "people go to watch a movie or a show to be entertained."
"They don’t go to get a message," he continued. Particular references were made to movies like "Black Panther" and "The Marvels," the latter of which was an absolute disaster at the box office.
"Why do I have to have a Marvel that’s all women? Not that I have anything against women, but why do I have to do that? Why can’t I have Marvels that are both? Why do I need an all-black cast?"
Peltz has consistently been called an "activist investor" but insists he isn't and simply wants to help Iger improve Disney. He has, however, teamed with former Marvel Chairman Ike Perlmutter, per CNBC, in hopes of convincing Disney to right the ship.
"I wanted to invest in companies [that are] good companies but they’re just sort of missing it a little bit. ... That’s still the attitude."
"I don’t want Iger to go," he reiterated. "Trump is all we got."
Peltz's position on presidential candidates has swayed back and forth over the last eight years, but when it has settled, it has settled typically with Donald Trump.
He didn't vote for Trump in 2016 but did in 2020, later apologizing for the vote following January 6, 2021. However, when asked who he would back for 2024 he hesitated but then revealed his thoughts to the Financial Times.
"I’m not ready to say that ... I’ll say it," he corrected, with a long pause. "It will probably be Trump and I’m not happy about that."
"I’m not one of these crazies who’s Republican or nothing ... I thought we might get someone less controversial," Peltz noted.
Reasons behind his Trump-backing echoed many issues brought up by voters during the 2024 cycle. Biden's age and mental condition — which Peltz called "really scary" — and the charges brought against Trump, which he called a "miscarriage of justice."
Trump is "not a perfect candidate," Peltz described, but "nor is Biden."
"Trump is all we got."
The Disney Clown Leadership might want to start looking for original scrips written by authors who are actually talented. And they might want to void their prime operating instruction - “Put a chick in it and make her gay. Bonus points for being black & gay.”
For those of you out there who’ve been following this proxy contest or are a Disney investor, you should check out Peltz’s website:
www.restorethemagic.com
He makes very compelling reasons as to why Disney needs new blood on their Board of Directors.
I believe it was Jesse Kelly that said DEI stands for Didn’t Earn It.
the problem with the recent casting ignoring race is that is only works one way. Only when you expect the character to be white is it black, but never once is the expected black character white.
I mean.. how many of those Wakandans were white? see.
Disney, Netflix, and Amazon are wedded to WOKE, even though their bottom line is bleeding heavily.
Add to that the coming revelations about P.Diddy and his party pals, and Hollywood is all but done.
I was watching what might have been a good movie, but they showed the Chinese premier in 2026 and he was black. “Click!” I’ll never know if the rest of the movie was worth watching. As far as I’m concerned race swapping is on par with a book I started where a gun went from being an automatic to a revolver and it had a “nose.” Okay. Stopped there.
They’re are only selling skin color now
“They’re are only selling skin color now”
Yep, and I am not buying it.
Woke is the prevailing message in hollywood. Just saw the remake of Road House, it was so bad that I can’t even say it sucked.
Does anyone know what “The Marvels” was about?
Because it’s entertainment only for black people. No reason for whites to turn it on
It’s about how to make a Really Bad Movie
Any company that does “social engineering” on their ads is virtually a no-go for me these days.
And then Chik-fil-A, which I was already avoiding, started using gay-sounding guys in at least 2 commercials...
I’m fine with McDonald’s chicken sandwich at half the price - oh and I can get 2 for 1 there, so.......
And when the crazy kept comes for him, I won’t xare.
And the original was no keeper.
He supported Trump in 2020 but said he regretted in after Jan. 6th. I wonder if he has made the connection to the truth yet, or if he is till bamboozled by the lies as he seems to see the truth about DEI.
If one were to judge the color-composition of the population of the U.S. by using the characters/actors in Hollywood movies and TV commercials and movie streaming sites (Netflix, Amazon Prime, Disney+, etc), one would easily conclude that, about 70% of the people in the country are blacks. Yet, it’s only about 13$ blacks in real life..
okay, I see has indeed. Kudos for him. 🙂👍
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