Posted 3/4/2024, 11:03:00 PM
Trian Calls on Disney to Refresh Board, Boost Streaming Margins, Review Content Strategy and Set Financial Targets
- Enhance corporate governance and accountability by refreshing the board, fixing CEO succession planning, and tying pay to performance
- Accelerate streaming profitability by articulating a direct-to-consumer strategy to achieve 15-20% margins by 2027
- Review creative engine by evaluating studio operations and prioritizing new intellectual property
- Clarify strategic focus by issuing long-term cash flow targets and exploring partnerships for non-core linear assets
- Refine parks strategy with return targets on capex, addressing competitive threats, and improving guest experience