Disney plot twist: Prodigal son returns, dumped CEO set to leave with $35m package

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The Disney plot twist that few saw coming

. Johansson’s potential earnings were tied to the box office performance of the 2021 Marvel film, which the company released simultaneously in theatres and on its streaming service Disney+ for a $US30 rental.Credit:“I am an optimist, and if I learned one thing from my years at Disney, it is that even in the face of uncertainty - perhaps especially in the face of uncertainty - our employees and Cast Members achieve the impossible,” Iger said in a memo to employees seen by Reuters.

In the days following its lacklustre earnings report, Trian Fund Management LP, co-founded by Nelson Peltz, earlier this month bought more than $US800 million worth of Disney stock, according to aTrian’s view is that Iger should not be back in control of the company, it said.

 

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