Originally Posted By RustyKnifeUSMC:



Right. A new Mandalorean season or other nerd Star Wars show will premiere and all will be forgotten.

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Originally Posted By Mal_means_bad:
We was Kangs - Jonathan Majors convicted on two charges

The 34-year-old Majors was found guilty on two of the four counts he was facing, with the Manhattan jury convicting him on third-degree assault and second-degree harassment following a two-week trial. In a mixed verdict, he was acquitted of a different third-degree assault charge, as well as aggravated harassment.  Sentencing was set for Feb. 6

Originally Posted By FreefallRet:
Men in dressed as Princess dresses is one thing.

Grooming children towards transsexual and homosexual things are another.

I am sure some will say I am wrong and the above is wrong, but they are just blind to what's going on.

Jan 18, 2024 8:42am PT
Nelson Peltz Officially Launches Disney Proxy Fight, Aiming to Push Company to Hit ‘Netflix-Like’ Streaming Margins. But Can He Get the Votes to Win?

As promised, Trian Partners, the hedge fund led by activist investor Nelson Peltz, officially submitted its preliminary proxy statement for the election of Peltz and former Disney CFO Jay Rasulo to Disney’s board at the Mouse House’s 2024 annual shareholders meeting.

In its filing Thursday, Trian also outlined its goals and initial perspectives for Disney regarding corporate governance, streaming profitability — to “target and achieve Netflix-like margins” of 15%-20% by fiscal year 2027 — as well as ESPN, studio creativity, and growth in Disney’s Parks and Experiences unit. It’s all intended, according to the company, to “#RestoreTheMagic” at the media conglomerate.

But the key question is: Can Nelson Peltz get the backing of enough Disney shareholders to succeed in shaking up the board and challenging CEO Bob Iger for the future direction of the company?

Trian’s proposals, including its two board nominees, would require an affirmative vote of the holders of a majority of shares of the Walt Disney Co. To date, Trian has not disclosed whether it has the support of any of Disney’s other shareholders.

Looking at the results of Disney’s 2023 shareholder vote, there was overwhelming support for the Disney-recommended slate of 11 directors and other board-backed proposals. Per the vote tally from the meeting held April 3, 2023, all of the candidates received at least 93% of shares voted (excluding abstentions and broker non-votes). The board candidacy of Iger, for one, got 96.7% of shares cast. So as of last year, there was no significant shareholder agitation for change.

Peltz, of course, still has several months to try to win over votes before the 2024 Disney shareholders meeting sometime this spring (the date is TBA).

In a statement, Peltz said, “It is unfortunate that a company as iconic as Disney and with so many challenges and opportunities has refused to seriously engage with us, its largest active shareowner, about board representation. Instead of having a boardroom that would include directors with an ‘ownership mentality’ that can bring fresh perspectives to the company’s challenges, Disney is resisting change and asking shareholders to endorse a board comprised mainly of legacy directors (and their hand-picked successors) who have repeatedly failed to properly plan for CEO succession, misaligned the incentives of management, and failed to oversee or drive a strategy to get the streaming business to profitability or the studios to produce good content.”

Peltz asked rhetorically: “Are Disney shareholders really to believe the current board is able to heal these self-inflicted wounds?” Trian also announced the launch of its website, RestoreTheMagic.com, where it has laid out its case for shaking up the Disney board.

Disney, in its own proxy filing Jan. 16, formally rejected Trian’s nominations of Peltz and Rasulo). In addition the board recommended that shareholders not vote for three candidates (Craig Hatkoff, Jessica Schell and Leah Solivan) floated by Blackwells Capital. Instead, Disney urged shareholders to vote for its own 12-memeber slate of board candidates, including recent additions Morgan Stanley CEO James Gorman and former Sky chief Jeremy Darroch.

Earlier this month, Disney announced it had lined up the backing of activist investor ValueAct Capital, which has a “significant” ownership position in the media conglomerate, Bloomberg has reported, but the actual size is not known. Trian controls about $3 billion worth of Disney’s shares, 78% of which are owned by former Marvel Entertainment chairman Ike Perlmutter (whom Disney alleges has a “longstanding personal agenda” against Iger).

Trian, in waging its proxy fight, argues that Disney has underperformed the larger market and its media and tech industry peers as the result “of a board that has failed to adequately perform its primary responsibilities as stewards of shareholder capital.”

“A major problem at Disney, in Trian’s view, is that the goals have been amorphous and the execution poor,” the hedge fund said in its SEC filing. Trian outlined five areas of concern at Disney — and its proposals to address them:

   Corporate Governance: Adopt best-in-class governance; finally complete a successful CEO succession; and align management pay with performance
   Streaming Profitability: Target and achieve Netflix-like EBITDA margins of 15-20% by FY 2027
   Future of ESPN: Commit to a reasonable, defined payback period and return profile on ESPN flagship direct-to-consumer and communicate it in detail prior to launch
   Studio Creativity: Board-led review of creative processes and structure to restore leadership accountability and reclaim No. 1 box office position with leading economics
   Parks and Experiences Growth: Execute on a clear vision for Parks targeting at least high-single digit operating income growth to ensure adequate returns on ~$60 billion of capex

Originally Posted By Moe1976:
Good, anything Disney, including ESPN I don't give em a dime, not even a nickel.

Originally Posted By FlashMan-7k:

https://thatparkplace.com/judge-dismisses-the-walt-disney-companys-lawsuit-against-the-state-of-florida-and-governor-ron-desantis/



My dime store understanding: Reedy creek was a governmental entity who's job was to be some limited level of "government" for everyone in their special district, NOT just for disney. Disney was NOT supposed to have legally controlled or captured reedy creek.

A move against reedy creek could not have been against disney unless disney was breaking the law.

Thus: No standing.

Unless you want to prove disney had captured reedy creek.

Hey wait, there was this audit not long ago talking about these sorts of things ...

Originally Posted By Chokey:

An anonymous source just sent me this from Disney. It is mandatory, institutionalized racism and sexism! pic.twitter.com/npMy8YfA1j

Elon Musk  (@elonmusk) February 6, 2024

https://pbs.twimg.com/media/GFsCz9qX0AAQiD8?format=jpg&name=large

Originally Posted By Chokey:

An anonymous source just sent me this from Disney. It is mandatory, institutionalized racism and sexism! pic.twitter.com/npMy8YfA1j

Elon Musk  (@elonmusk) February 6, 2024

https://pbs.twimg.com/media/GFsCz9qX0AAQiD8?format=jpg&name=large

Originally Posted By IceChimp:
https://www.youtube.com/watch?v=VIti9t6wyo0

Interesting that Nelson Peltz and Elon Musk seem to be making moves, the mass layoffs at Disney would be epic if that happens.

Originally Posted By FlashMan-7k:
ETA; what disney really needs is a cultural housecleaning. An unapologetic return to what was good when walt ran it.

Disney’s Gender Affirmation Coverage Q&A

Gender Affirmation Coverage under Cigna Medical Plan Options Do the Cigna Medical Plan options cover Gender Affirmation procedures and services (transgender, gender transition)?

Yes. Coverage for Gender Affirmation/Transition procedures and services based on medical necessity (as defined by your doctor and medical team) is covered under the Cigna medical plan options.

What procedures and services are covered under Disney’s Gender Affirmation Coverage?

The Gender Affirmation Coverage applies to two populations. For adults (age 18 and over), covered procedures and services include breast augmentation/reduction, chest contouring, hair removal/transplantation, facial feminization surgery, genital implant or prosthesis, rhinoplasty, trachea shave/reduction, and vocal surgery/speech therapy. For adolescents (younger than age 18), coverage may include puberty-suppressing hormones, for those who have reached a certain stage of sexual development, under direction of an experienced pediatric endocrinologist.

Gender Affirmation Coverage under Kaiser

The Kaiser Plan in CA follows California’s state mandates. Therefore, Gender Affirmation coverage is based on what is required under California law. The coverage is different from what is covered under the Cigna plans.

Does the Kaiser HMO Plan cover Gender Affirmation procedures (transgender, gender transition)?

Yes. Kaiser offers Gender Affirmation coverage as mandated by the State of California. What procedures are covered under the Kaiser HMO Gender Affirmation Program? The Gender Affirmation benefit includes sexual reassignment surgery and mastectomy with chest reconstruction services, in addition to behavioral health and hormone therapy services.

Gender Affirmation Coverage under HMSA Plans – Hawaii

Effective January 2017, Gender Dysphoria Services to treat gender dysphoria will be covered in accord with HMSA’s medical policy and Hawaii and Federal law. Benefits vary depending on the type of service or supply received. Services will be covered at the same benefit level as other similar covered services.

Gender Dysphoria Services – covered, but only when deemed medically necessary to treat gender dysphoria. The copayment may vary depending on type of service or supply you receive.

•Gender reassignment surgery
•Hospital room and board
•Hormone injection therapy
•Laboratory monitoring
•Other gender reassignment surgery related services and supplies which are medically necessary and not excluded. These include but are not limited to sexual identification counseling, pre-surgery consultations and post-surgery follow up visits. Please note: Certain services must be pre-certified.
...
Reversal of Gender Reassignment Surgery – You are not covered for reversal of gender reassignment surgery, except in the case of a serious medical barrier to completing gender reassignment or the development of a serious medical condition requiring a reversal.

Originally Posted By FlashMan-7k:
https://www.youtube.com/watch?v=GiO1a9N65y4

Meant to be an average not super cost cutting but not expensive trip.

Two adults.
Bus ride from OIA.
One night at port orleans riverside.
Two magic kingdom tickets.
Genie +
Lightninglane
Hotel breakfast
Park lunch at columbia harbor house.
Park dinner at skiper canteen.
Park snacks, popcorn and coffee.

886$ for one day at disney for two adults. Not counting full costs.

He figures his cost in 2017 for the equivalent would be 567$

Family of 3, two parents and one child, six days in resort, four days in park, eating, genie + costs.   He figures 4,375$.

The worst part is ... he says he didn't enjoy the day in the park.

Originally Posted By Low_Country:


Took the family to Disneyland for 2 days last weekend.

Kids tickets were $50/person/day. They are running a deal.  Military tickets were $100/adult/day. So, $600 on tickets for two days for a family of four. Hotel rooms were $225/night.  Figure $300/day on food. Hundred bucks or so on trinkets for the kids. A little under 2 grand for 2 days/nights at Disneyland. Could have saved a few hundred by bringing our own food. But yeah, it’s not cheap. All that said, the park was packed. And on the second day it rained all day too.

Originally Posted By Underscore_O_Three:


So you funded the enemy.

Congrats?

Originally Posted By AmericanPeople:
It is $886...not 886$