Blackwells Capital Releases its Vision for the Future of Technology at Disney
26 February 2024 - 11:30PM
Blackwells Capital, LLC (“Blackwells”), a shareholder of The Walt
Disney Company (“Disney” or the “Company”) (NYSE:DIS), today
released an excerpt from its upcoming investor presentation that
details Blackwells’ vision for the future of technology at Disney.
In this presentation excerpt, available at
www.TheFutureOfDisney.com, Blackwells presents a 5-point strategic
plan to recapture lost ground, and identifies current technological
shortcomings at Disney, including:
- Fragmentation
- Unhurried Innovation
- Missing Native Technology
Stack
- Spatial Computing and AI
Mediocrity
“Disney should be dominating in the fields of
spatial computing and AI. Few companies have the potential of
Disney to synthesize these revolutionizing technologies, and relate
them to consumers with the impact, and ROI, that Disney can.
Spatial Computing has far more relevance to Disney than it does to
either Apple or Meta, for example,” said Jason Aintabi, Chief
Investment Officer of Blackwells.
“Electing Leah Solivan to the board of Disney,
will add considerable technological and entrepreneurial expertise,
and drive greater management accountability around Disney’s
adoption of transformative technologies,” continued Mr.
Aintabi.
To learn more about all three of Blackwells’
nominees Jessica Schell, Craig Hatkoff and Leah Solivan, we
encourage shareholders to visit www.TheFutureOfDisney.com. Our
campaign website includes materials for shareholders to evaluate
and help make the best voting decisions.
Disney Shareholders – Please vote your
proxy today on the GREEN universal proxy card “FOR” each of the
Blackwells nominees and the Blackwells proposal.
If you have any questions about voting
your proxy or need replacement proxy materials,
contact:
Morrow Sodali LLC+1 (800) 662-5200 (toll-free for
shareholders)+1 (203) 658-9400 (call collect for banks, brokers,
trustees and other nominees)Blackwells@morrowsodali.com
About Blackwells Capital
Blackwells Capital was founded in 2016 by Jason
Aintabi, its Chief Investment Officer. Since that time, it has made
investments in public securities, engaging with management and
boards, both publicly and privately, to help unlock value for
stakeholders, including shareholders, employees and communities.
Throughout their careers, Blackwells’ principals have invested
globally on behalf of leading public and private equity firms and
have held operating roles and served on the boards of media,
energy, technology, insurance and real estate enterprises. For more
information, please visit www.blackwellscap.com.
Contacts
Media:Gagnier CommunicationsDan Gagnier &
Riyaz Lalani646-569-5897blackwells@gagnierfc.com
Shareholders:Morrow SodaliMichael Verrechia
& William Dooley(800) 662-5200blackwells@morrowsodali.com
IMPORTANT ADDITIONAL
INFORMATION
Blackwells Onshore I LLC, Blackwells Capital
LLC, Jason Aintabi, Craig Hatkoff, Jessica Schell and Leah Solivan
(collectively, the “Participants”) are participants in the
solicitation of proxies from the shareholders of The Walt Disney
Company (the “Company”) for the 2024 Annual Meeting of
Shareholders. On February 6, 2024, the Participants filed with the
U.S. Securities and Exchange Commission (the “SEC”) their
definitive proxy statement and accompanying GREEN
Proxy Card in connection with their solicitation of proxies from
the shareholders of the Company for the 2024 Annual Meeting of
Shareholders. ALL SHAREHOLDERS OF THE COMPANY ARE ADVISED
TO READ THE DEFINITIVE PROXY STATEMENT, THE ACCOMPANYING GREEN
PROXY CARD AND OTHER DOCUMENTS RELATED TO THE SOLICITATION OF
PROXIES BY THE PARTICIPANTS, AS THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING ADDITIONAL INFORMATION RELATED TO THE PARTICIPANTS AND
THEIR DIRECT OR INDIRECT INTERESTS IN THE COMPANY, BY SECURITY
HOLDINGS OR OTHERWISE.
The definitive proxy statement and an
accompanying GREEN proxy card will be furnished to
some or all of the Company’s shareholders and is, along with other
relevant documents, publicly available at no charge on the SEC’s
website at http://www.sec.gov/. In addition, the Participants will
provide copies of the definitive proxy statement without charge,
when available, upon request. Requests for copies should be
directed to Blackwells Onshore I LLC.
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