Part 2/10:
The company faced mounting controversy, echoing investor dissatisfaction and public criticism. With proxy votes and shareholder displeasure from figures like Nelson Peltz, pressure mounted on Iger to turn the tide. This environment of turmoil created a tense backdrop for Disney’s latest earnings report, where Iger announced a series of sweeping plans that promised big changes—yet many critics viewed these as merely promises for the future, with little concrete impact on the company's current woes.