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Dan Loeb's Disney Activist Stance Gets Mixed Reviews

Dan Loeb Netflix Hollywood pandemic reports
hollywoodreporter.com
hollywoodreporter.comhollywoodreporter.com:

Wall Street experts are giving mixed reviews to activist investor Dan Loeb's letter to the Walt Disney Co., in which he pushed for dividend payments to be instead used to boost streaming content.

The mid-week news that Loeb, the founder of hedge fund Third Point, suggested the Hollywood giant spend $3 billion that has traditionally gone into its dividend per year on more content for its streaming service Disney+, earned praise from those who want Disney to become more like Netflix.

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Hilary Duff Is Pregnant With Baby No. 3, Expecting 2nd Child With Husband Matthew Koma
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5 talking points as Celtic's suffer Europa League pain despite Milan fightback
Europa League opener but not before they staged a rousing finish.First-half goals from Rade Krunic and Brahim Diaz had the visitors cruising but Neil Lennon 's side kept going and sub Mohamed Elyounoussi's header in the 76th minute gave the Hoops hope before Jens Petter Hauge's late sickener.The Irishman told his players they were "amazing" in the build-up but his motivational pick-me-up didn't appear to have the desired effect.Yes, It started positively enough with Celtic working at pace not witnessed since before lockdown as they stated their intent.Olivier Ntcham was key in the opening 10 minutes with both Albian Ajeti and Leigh Griffiths working half chances for themselves but they were unable to create anything clear-cut.But all the
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For Lo Bosworth, Self-Care Is Steam Showers, Baking Soda Baths, and a $9 Dry Brush
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thesun.co.uk
Strictly Come Dancing 2020 LIVE: What time is BBC show on tonight? Nicola Adams and Maisie Smith among celebrities
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Apple And Netflix Have Discussed Acquiring ‘No Time To Die’ For Streaming Release, MGM Reportedly Asking For $600 Million
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hollywoodreporter.com
HBO Max Reaches 28.7M, Including 8.6M "Activated," Subscribers
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Nikki and Brie Bella Are Moving to Napa Valley Together: ‘We Just Wanna Get Down and Dirty With the Vineyards’
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Ariana Grande takes over the White House in new music video for lead single Positions
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Dumfries and Galloway coronavirus stats for Wednesday, October 21
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dailyrecord.co.uk
David Beckham divides opinion of parents after being pictured kissing his daughter on the lips - again
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Calvin Miller lifts the lid on Celtic limbo as 'reinvented' Harrogate defender opens up on fatherhood at 17
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dailyrecord.co.uk
Scotland's five-tier coronavirus system announced by First Minister
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I’m A Celebrity stars warned to avoid swearing or risk angering THREE ghosts living in castle
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RHOD star Brandi Redmond announces she is expecting FOURTH child with husband Bryan
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Phillip Schofield says his mum feared he was going blind after secret battle left vision like ‘looking out dirty window’
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Paris Hilton Signs With UTA
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Daddy Yankee, Bad Bunny Win Big at 2020 Billboard Latin Music Awards: Complete Winners List
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JoJo Fletcher Thinks Clare Crawley Should Have Cut Her ‘Bachelorette’ Contestants Some Slack During 1st Group Date
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'Normal People' Star Daisy Edgar-Jones to Lead 'Where the Crawdads Sing' Movie
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Anya Taylor-Joy and 'The Queen's Gambit' Cast on the Series' "Beautiful" Message About Family
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Aubrey Plaza enjoys the company of a friend during her daily walk with her two rescue dogs in LA
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hollywoodreporter.com
Quibi to Shut Down Six Months After Launch
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Michelle Mone pledges to donate designer wedding dress and shoes to charity
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Katie Holmes, 41, holds hands with her beau of six weeks Emilio Vitolo Jr, 33, in NYC
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LeAnn Rimes Says Working on ‘Coyote Ugly’ Was Her ‘Introduction Into Sexuality’
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Busy Philipps in the moment as she films new Tina Fey show Girls5eva in NYC
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Celtic handed huge Europa League boost as Sparta Prague given worst possible preparation
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express.co.uk
Giovanni Pernice's Strictly co-star Luba Mushtuk sets record straight on their 'romance'
Strictly Come Dancing professional dancer Luba Mushtuk, 30, has taken to Instagram to address the reports of herself being fellow Strictly pro Giovanni Pernice's "ex-girlfriend," which she had "no idea" about.The BBC performer will be dancing with American footballer Jason Bell, 42, for the first time tonight on this year's series of the dancing competition.It comes after Luba saw an article which said she was Giovanni's "ex-girlfriend".The star decided to share the news with her fellow co-star on her Instagram story in view of her 49,000 followers.Alongside a screenshot of the article's headline, she penned: "Well @pernicegiovanni."Apparently we dated," which was followed by the shrug gesture emoji.READ MORE: Debbie McGee sends Twitter
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dailymail.co.uk
Sofia Richie looks radiant in a floral crop top as she reveals she voted early
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variety.com
Activist Investor Dan Loeb on Why Disney Needs to Double Its Streaming Spending (EXCLUSIVE)
Brent Lang Executive Editor of Film and MediaDan Loeb believes that The Walt Disney Company could conquer the world of streaming. But it hasn’t yet, and it might need some help.The activist investor argued in a letter to Disney CEO Bob Chapek on Wednesday that Disney must double the amount of money it spends producing and acquiring content for Disney Plus, ESPN Plus and Hulu if it wants to catch up with one of its biggest rivals, Netflix.“The good news about Disney versus Netflix is this is not Yahoo versus Google, where Google had an insurmountable gain and a network effect where Yahoo was never going to catch up,” said Loeb, who runs the Third Point hedge fund, in an interview with Variety.
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hollywoodreporter.com
Activist Investor Dan Loeb Calls on Disney to Halt Dividend and "Double" Streaming Budget
The Walt Disney Co. should halt its $3 billion annual dividend and instead spend that money on content for Disney+.
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