Was Peltz wanting to bring Disney away from indoctrination and go back to entertainment and making money?
Peltz might just have wanted to cut costs. I heard nothing from his team about getting rid of the woke.
From Forbes:
“Disney just tallied its most profitable quarter since 2019, reinstated dividends for the first time since early 2020 and said in January it expects to generate more than $8 billion in cash this fiscal year, well above 2023’s $5 billion but far below 2018’s $10 billion, thanks in part to narrowing streaming losses, with many analysts celebrating Disney CEO Bob Iger’s honing in on the company’s bottom line.”
Iger is one of the most widely-respected CEOs and his return to Disney is why Peltz was swimming upstream in trying to gain control.