The Walt Disney Company

Kartoon Studios Reports Strong Progress and Provides Business Update for the Fourth Quarter and Full Year of 2023

Retrieved on: 
Tuesday, April 9, 2024

Andy Heyward, Chairman & CEO of Kartoon Studios, stated, “2023 was a transformative year for the Company as we laid the foundation for long-term growth and sustainable profitability.

Key Points: 
  • Andy Heyward, Chairman & CEO of Kartoon Studios, stated, “2023 was a transformative year for the Company as we laid the foundation for long-term growth and sustainable profitability.
  • At the same time, Kartoon Channel!’s paid subscriber base continues to grow, providing us with high margin recurring revenue.
  • Moreover, our Beacon Media Group subsidiary has resumed solid growth and, in Q4 2023, achieved its highest quarter revenue since 2021.
  • The team of players now inside Kartoon Studios brings extraordinary playing records at Disney, Warner Brothers, Hasbro, and other leading organizations.

Trian Comments on Preliminary Results of Disney Annual Meeting

Retrieved on: 
Wednesday, April 3, 2024

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE: DIS), today commented on the preliminary results from Disney’s 2024 Annual Meeting of Shareholders, which indicated that Nelson Peltz and Jay Rasulo were not elected to Disney’s Board of Directors.

Key Points: 
  • NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE: DIS), today commented on the preliminary results from Disney’s 2024 Annual Meeting of Shareholders, which indicated that Nelson Peltz and Jay Rasulo were not elected to Disney’s Board of Directors.
  • Trian issued the following statement on today’s results:
    “While we are disappointed with the outcome of this proxy contest, Trian greatly appreciates all of the support and dialogue we have had with Disney stakeholders.
  • We are proud of the impact we have had in refocusing this Company on value creation and good governance.
  • Since we re-engaged with the Company in late 2023, Disney has announced a host of new operating initiatives and capital improvement plans.

Beverly Hills Teddy Bear Company Commemorates 30 Years of Unmatched Creativity and Quality

Retrieved on: 
Tuesday, April 2, 2024

Santa Clarita, California, April 02, 2024 (GLOBE NEWSWIRE) -- Beverly Hills Teddy Bear Company (BHTB), a full spectrum toy manufacturer, proudly celebrates its 30th anniversary.

Key Points: 
  • Santa Clarita, California, April 02, 2024 (GLOBE NEWSWIRE) -- Beverly Hills Teddy Bear Company (BHTB), a full spectrum toy manufacturer, proudly celebrates its 30th anniversary.
  • We collaborate with leading companies and studios to turn their imagination into reality," Founder and CEO David Socha remarks.
  • In 1994, Beverly Hills Teddy Bear Company came to life.
  • Now that it commemorates 30 years of spreading joy and creating a world of fun, Beverly Hills Teddy Bear Company plans to diversify its offerings across four pillars: custom plush, evergreen product lines, trend-driven innovations, and charitable initiatives.

McWhorter Foundation Combatting Nelson Peltz Illuminates The Hero In Us All: A Disney Vision for Diversity Within & Beyond The Boardroom

Retrieved on: 
Sunday, March 31, 2024

McWhorter, a 33-year-old visionary investor and dedicated luxury advocate for inclusive representation, articulates a compelling vision.

Key Points: 
  • McWhorter, a 33-year-old visionary investor and dedicated luxury advocate for inclusive representation, articulates a compelling vision.
  • McWhorter stands as a vigilant guardian of diversity and inclusion within the corporate universe, countering Nelson Peltz, who, like Thanos collecting Infinity Stones, seeks board votes to reshape the landscape of corporate governance.
  • These examples serve to question the foundation of Peltz's critique: If diverse-led blockbusters are outperforming expectations, why question their value?
  • McWhorter Foundation has not registered with the U.S. Securities and Exchange Commission (SEC) and may operate under exemptions.

McWhorter Foundation To Sue Nelson Peltz & Trian Partners For Market Manipulation: C.K. McWhorter Protecting Millennial & Gen Z Shareholder Interests and Exposing Short-Term Tactics

Retrieved on: 
Friday, March 29, 2024

Recent developments have raised alarms about strategies that prioritize immediate returns over sustainable growth and economic health.

Key Points: 
  • Recent developments have raised alarms about strategies that prioritize immediate returns over sustainable growth and economic health.
  • The foundation highlights the inherent risks of market manipulation, including misleading information dissemination and other deceptive practices that can harm uninformed investors and destabilize the market.
  • The Economic Toll on Gen Z, Millennials, and Retail Investors
    The McWhorter Foundation emphasizes the disproportionate impact these strategies have on younger generations, including Gen Z and Millennials.
  • The McWhorter Foundation reaffirms its dedication to promoting practices that ensure sustainable growth, economic integrity, and the protection of shareholder value against predatory behaviors.

Barrett Hofherr Kicks Off The Habit Burger Grill Campaign with Ads Featuring Heroic Charlie the Briquette

Retrieved on: 
Thursday, March 28, 2024

Brand’s burger chain The Habit Burger Grill , a beloved California-born fast-casual brand known for its chargrilled burgers.

Key Points: 
  • Brand’s burger chain The Habit Burger Grill , a beloved California-born fast-casual brand known for its chargrilled burgers.
  • The challenge presented to Barrett Hofherr by The Habit Burger Grill is clear: there exist two distinct groups in the world – those who already love the brand and those who have yet to discover it.
  • The objective is to increase brand fame on a large scale, while also effectively communicating what sets The Habit apart as a leader in the "better burger" category.
  • “With this campaign, we are eager to show the world why our Charburgers taste better,” says Ken Chan, Head of Digital & Storytelling at The Habit Burger Grill.

Egan-Jones Recommends Disney Shareholders Vote “For” Nelson Peltz and Jay Rasulo

Retrieved on: 
Wednesday, March 27, 2024

NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE: DIS), today announced that Egan-Jones is the second independent proxy advisory firm, along with Institutional Shareholder Services Inc. (“ISS”), to recommend that shareholders vote for change in the composition of the Disney board. Specifically, Egan-Jones recommends that Disney shareholders vote “FOR” both of Trian’s nominees, Nelson Peltz and Jay Rasulo, and “WITHHOLD” on Maria Elena Lagomasino and Michael B.G. Froman in connection with Disney’s annual meeting on April 3, 2024. Last week, ISS recommended that shareholders vote “FOR” Mr. Peltz and “WITHHOLD” on Ms. Lagomasino.

Key Points: 
  • Egan-Jones Recommends Shareholders Vote “FOR” Nelson Peltz and Jay Rasulo and “WITHHOLD” on Maria Elena Lagomasino and Michael B.G.
  • Specifically, Egan-Jones recommends that Disney shareholders vote “FOR” both of Trian’s nominees, Nelson Peltz and Jay Rasulo, and “WITHHOLD” on Maria Elena Lagomasino and Michael B.G.
  • Last week, ISS recommended that shareholders vote “FOR” Mr. Peltz and “WITHHOLD” on Ms. Lagomasino.
  • To ensure the election of Nelson Peltz and Jay Rasulo, it is essential that shareholders vote “FOR” Nelson Peltz and Jay Rasulo, and “WITHHOLD” on Maria Elena Lagomasino, Michael B.G.

The Walt Disney Company Executives to Discuss Fiscal Second Quarter 2024 Financial Results via Webcast

Retrieved on: 
Tuesday, April 9, 2024

The Walt Disney Company (NYSE: DIS) will discuss fiscal second quarter 2024 financial results via a live audio webcast beginning at 8:30 a.m.

Key Points: 
  • The Walt Disney Company (NYSE: DIS) will discuss fiscal second quarter 2024 financial results via a live audio webcast beginning at 8:30 a.m.
  • ET / 5:30 a.m. PT on Tuesday, May 7, 2024.
  • Results will be released before the opening of regular trading on May 7, 2024.
  • To listen to the webcast, please visit www.disney.com/investors .

Innovid Launches Harmony Initiative to Keep TV Open for Everyone & Controlled by No One

Retrieved on: 
Tuesday, April 9, 2024

As TV rapidly transitions to a fully digital future, there is a clear opportunity to avoid the mistakes of digital advertising’s past.

Key Points: 
  • As TV rapidly transitions to a fully digital future, there is a clear opportunity to avoid the mistakes of digital advertising’s past.
  • Innovid’s vision has always been that TV should remain open for everyone and controlled by no one.
  • It has pursued that from a position of media-unbiased independence, with the strength of an open, transparent infrastructure that powers impactful ad-supported experiences.
  • “As TV speeds toward its fully digital future, Innovid believes that TV should remain open for everyone and controlled by no one.

Signiant File Transfer Performance Testing Achieves Multi-gigabit Transfers on Storj's Cloud Object Storage Solution

Retrieved on: 
Tuesday, April 9, 2024

ATLANTA, April 9, 2024 /PRNewswire/ -- Storj, today announced outstanding client test results using its distributed cloud object storage with Signiant, intelligent file transfer software.

Key Points: 
  • Companies to demo solutions at NAB Show , Las Vegas April 13-17, 2024
    ATLANTA, April 9, 2024 /PRNewswire/ -- Storj , today announced outstanding client test results using its distributed cloud object storage with Signiant, intelligent file transfer software.
  • Storj CEO Ben Golub says, "Businesses no longer need to compromise on performance when adopting cost-effective cloud storage solutions.
  • Signiant consistently achieved speeds of about 2.5Gbps per transfer, ranking in the top 1% of all time Media Shuttle transfers.
  • These consistent performance outcomes reaffirm Storj as a high-performance cloud object storage solution that meets demands of businesses across industries and use cases.