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https://www.telegraph.co.uk/business/2024/03/22/disney-activist-nelson- peltz-all-black-female-cast/
The billionaire activist investor waging war against Disney has hit out at
the media giant over its use of all-black and all-female casts.
Nelson Peltz, who owns a stake in Disney worth roughly $3.5bn (�2.8bn),
sided with accusations that the Hollywood behemoth has become too woke.
He said: �People go to watch a movie or a show to be entertained. They
don�t go to get a message.�
Mr Peltz, whose daughter Nicola is married to Brooklyn Beckham, took issue
with recent blockbusters The Marvels and Black Panther, which portray
female and black superheroes respectively.
In an interview with the Financial Times, the tycoon said: �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?�
Disney�s recent push into more diverse casting marks efforts by the US
company to balance its output after decades of films starring mostly white
and male characters and actors.
It has also updated some of its classic fairytales, including Cinderella
and Snow White, for the modern era.
But the moves have fuelled criticism that Disney is focusing on political activism at the expense of its audiences.
After years of delivering blockbusters, Disney�s film studios, which
include Marvel, Pixar and Lucasfilm, have suffered a string of
disappointing box office openings.
The Marvels recorded the worst box office debut in the history of the
franchise when it was released late last year.
Mr Peltz has cited this lacklustre performance as one of the driving
forces behind his activist campaign. He has also raised concerns about
huge pay packets for executives and poor succession planning.
The investor, who owns shares in Disney through his vehicle Trian Fund Management, is campaigning for board seats for himself and former Disney finance chief, Jay Rasulo.
In a major boost to his campaign, Mr Peltz this week won the backing of influential advisory group Institutional Shareholder Services, which recommended that investors should vote to add the billionaire to Disney�s board.
Despite his repeated criticisms of Disney�s management, Mr Peltz insisted
he was not trying to oust chief executive Bob Iger.
He said: �Disney is stupid because I�m not trying to fire Bob Iger, I want
to help him. We don�t fire CEOs.�
Mr Peltz took aim at the social justice campaigns waged at consumer goods
giant Unilever, where he has also agitated for change as a board member.
The activist has repeatedly clashed with the company over ice cream brand
Ben & Jerry�s, which attempted to boycott sales in Israel and more
recently called for a ceasefire in Gaza.
Mr Peltz said: �You�ve got to get these politics out of the boardroom. Ben
& Jerry�s job is to sell ice cream, not to make political statements. And
these people use anything for a soap box that they have no right to do.�
Unilever announced this week it would spin off its ice cream division,
which includes Ben & Jerry�s.
Disney has been approached for comment.
--
We live in a time where intelligent people are being silenced so that
stupid people won't be offended.
Durham Report: The FBI has an integrity problem. It has none.
No collusion - Special Counsel Robert Swan Mueller III, March 2019.
Officially made Nancy Pelosi a two-time impeachment loser.
Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden
fiasco, President Trump.
Under Barack Obama's leadership, the United States of America became the
The World According To Garp. Obama sold out heterosexuals for Hollywood
queer liberal democrat donors.
President Trump boosted the economy, reduced illegal invasions, appointed dozens of judges and three SCOTUS justices.
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