Posted on 03/27/2024 3:01:12 PM PDT by Twotone
Billionaire Nelson Peltz criticized Disney's film strategy as pursuing woke messaging instead of simply being entertaining.
Owner of Trian Fund Management, Peltz has been rumored since 2023 to be seeking seats on Disney's board of directors for his company. With a reported $3.5 billion stake in the company, the investor has criticized CEO Bob Iger's reinstatement and other company moves.
With Peltz launching criticisms at the company, Disney has claimed that Peltz hasn't "presented a single strategic idea" over the course of two years that he has campaigned for board seats.
Peltz was asked in a recent interview about the mouse brand's comments, to which he countered with a series of retorts about its film divisions.
"They say we know nothing about the movie business — we don’t claim we do — but I don’t think they do, with five big losers in a row," he told the Financial Times. "They’ve lost first place in animation, they’ve lost first place in features. ... Maybe it’s time to change management in those divisions."
The woke messaging was a focal point for Peltz, who plainly stated that "people go to watch a movie or a show to be entertained."
"They don’t go to get a message," he continued. Particular references were made to movies like "Black Panther" and "The Marvels," the latter of which was an absolute disaster at the box office.
"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?"
Peltz has consistently been called an "activist investor" but insists he isn't and simply wants to help Iger improve Disney. He has, however, teamed with former Marvel Chairman Ike Perlmutter, per CNBC, in hopes of convincing Disney to right the ship.
"I wanted to invest in companies [that are] good companies but they’re just sort of missing it a little bit. ... That’s still the attitude."
"I don’t want Iger to go," he reiterated. "Trump is all we got."
Peltz's position on presidential candidates has swayed back and forth over the last eight years, but when it has settled, it has settled typically with Donald Trump.
He didn't vote for Trump in 2016 but did in 2020, later apologizing for the vote following January 6, 2021. However, when asked who he would back for 2024 he hesitated but then revealed his thoughts to the Financial Times.
"I’m not ready to say that ... I’ll say it," he corrected, with a long pause. "It will probably be Trump and I’m not happy about that."
"I’m not one of these crazies who’s Republican or nothing ... I thought we might get someone less controversial," Peltz noted.
Reasons behind his Trump-backing echoed many issues brought up by voters during the 2024 cycle. Biden's age and mental condition — which Peltz called "really scary" — and the charges brought against Trump, which he called a "miscarriage of justice."
Trump is "not a perfect candidate," Peltz described, but "nor is Biden."
"Trump is all we got."
Theyy still making Snow Brown?
All black cast is not enough. What about the director, music producer, editors, makeup artists, etc?
They must ALL be black, gay or some sort of approved protected class.
Then even if that were to happen it would not be enough. They would find something else to complain about.
voted my shares for the Peltz nominees several weeks ago. Good to hear from you!
abb
They can make whatever they want. However, I won’t be seeing it.
It’ll never be enough for the DEI obsessed lefties.
He’s right. Donald Trump is not perfect, but he’s lightyears better than Xiden.
It is fun to go to the movie and play spot the white guy.
Bad writing and a Mary Sue protagonist.
At least there’s still plenty of work for white actors playing Klansmen, Nazis, inbred rednecks, snobby bluebloods, greedy yuppies, sexist fratboys, bigoted suburbanites, shallow sorority sisters, dumb blond bimbos, crazy conspiracists, lunatic survivalists, mass murderers, serial killers, and racist cops.
Just goes to show how bad the remake is.
Scott Adams said that phrase saved the world I agree
What I object to is taking long-established characters and changing them for PC reasons.
They destroy a movie then attack the fans ,LOL
Pelz, from a wealthy Jewish family made his dough when he bought Snapple (and then wouldn’t advertise on the Rush Limbaugh radio show that made Snapple popular).
Imagine a remake of the Jackie Robinson Story with Justin Timberlake in the lead role? Why not a remake of Lady Sings the Blues with Taylor not so Swift as Billie Holliday? Absurd isn’t it?🤦♀️🤦♀️🤦♀️🤡
Is Pelz the one who’s daughter is married to David Beckhams’s son?
On a bigger scale, it's possible that Disney is eventually going to be like Sears, Roebuck and Co. Once a powerful force in the market, now just the answer to a trivia question.
Am I missing something here, or is this the non-sequitur that it seems to be?
I had a little essay but realized considering Michael Douglas’s “D-Fens” character in “Falling Down” the hero of that film...
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