The Walt Disney Company saw its stock dip nearly 2 percent early Thursday after billionaire Nelson Peltz sold his stake in the company following his unsuccessful proxy battle.
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John Musker, who co-directed the original animated movies "The Little Mermaid" and "Aladdin," believes Disney is in need of a "course correction," saying the studio needs to move away from political messaging and back toward entertaining audiences.
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My hope is that Bob Iger sincerely believes Disneyβs descent into pure evil has nothing to do with this $4 billion loss. I donβt want Disney to right its ship. I want Disney to die.
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Disney's new "Star Wars" series Tales of the Empire uses "they/them" pronouns to refer to a gender-ambiguous character that appears in the Disney+ animated show's fifth episode.
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Shares of The Walt Disney Company plunged more than 9 percent Tuesday morning as CEO Bob Iger signaled that Disney still facies a tough road ahead as it continues to pull itself out of its recent financial doldrums.
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