Listen to this story. Enjoy more audio and podcasts on iOS or Android.
Your browser does not support the element.
The letter to Disney’s top brass, when it came, was devastating. It referred to failure in the television business, low morale, mismanagement, underinvestment in theme parks and “your consistent refusal to establish a clear succession plan”. It demanded that the chief executive resign. That might sound like just the sort of missive Nelson Peltz, an activist investor, would send Bob Iger, Disney’s chief executive officer (CEO), having secured control of a stake worth about $2.5bn in the entertainment giant. But it isn’t. It
→ Continue reading at The Economist
