, Columnist
Disney’s Iger Starts to Clean Up Some of His Own Messes
Reversing losses from streaming will be a huge challenge even as cost cuts and an end to a proxy fight give the newly returned CEO some breathing room.
The hard part is still to come.
Photographer: Charley Gallay/Getty Images
This article is for subscribers only.
That didn’t take much.
After Walt Disney Co. delivered earnings Wednesday that beat expectations and announced a plan to cut $5.5 billion in costs, activist investor Nelson Peltz said this morning that he was ending his proxy fight against the media giant.