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
- Country that made smoking sexy is breaking up with cigarettes
- World Boxing introduces mandatory sex tests for all fighters
- Panama launches maintenance work at contested mine
- EU to strengthen defence system amid Trump admin’s ‘tough love’
- ‘Couldn’t find his way out of his own closet’: Biden reportedly seemed disoriented in White House
- Pipe-swinging, hot liquid and wrench: Four MTA workers attacked in separate NYC incidents
- Why does Donald Trump hate Harvard so much? His biographer reveals ‘real reason’
- US won’t leave Indo-Pacific alone against China, says Hegseth