George Lucas, creator of the” Star Wars” and” Indiana Jones” franchises, has backed The Walt Disney Company’s chief executive officer, Bob Iger, amid the proxy battle waged by activist investors for seats on the company’s board.
” Creating secret is not for amateurs”, Mr. Lucas said in a statement, per CNBC, voicing his support for Disney’s existing managers.
The filmmaker made headlines in 2012 when it was revealed that he had sold his entertainment company, Lucasfilm, to Disney for$ 4.06 billion, per Variety. As part of the bargain, Mr. Lucas acquired about 37.1 million Disney stock, making him one of the bank’s largest personal owners, according to the publishing….
Trending
- The Morning Briefing: Trump’s Rebranding Will Bring an All New Clientele to Guantánamo Bay
- JD Vance criticises Selena Gomez’s outcry over immigrants
- ‘May God bless their souls’: Donald Trump on mid-air collision near Ronald Reagan airport in Washington
- Israel to release 110 Palestinian prisoners in exchange for three Israeli hostages
- ‘Praying that someone is pulling her out of river’: Husband of passenger onboard plane that crashed in Washington
- Trump administration set to push India to ink more defence deals
- ‘Creation of Palestine can never be compromised’: Egypt, Jordan reject Trump’s Gaza proposal
- ‘Girl’s football is un-Islamic’: Bangladesh cancels football match after hundreds of protesters march field