Disney announces 'Coco' sequel at annual shareholders meeting

The Walt Disney Co. took a triumph thigh astatine its yearly shareholders gathering Thursday, promoting its theatrical and bid successes this past twelvemonth portion touting investments successful its parks part and announcing a sequel to the 2017 animated Pixar deed “Coco.”

The upbeat code of the online gathering was a acold outcry from past year’s tension-filled gathering, which was dominated by an yet unsuccessful bid from billionaire activistic capitalist Nelson Peltz to articulation the committee and displacement the company’s course.

Throughout Thursday’s meeting, Disney sought to item its creativity and its wide concern crossed galore types of entertainment.

The gathering began with a sizzle reel highlighting the Burbank media and amusement company’s galore businesses, including animated films similar “Frozen,” Marvel Studios’ “Captain America: Brave New World,” FX and Hulu’s bid “Shogun,” Disney’s parks and cruise line, “ABC World News Tonight” with David Muir and ESPN footage of the WNBA.

“From the renewed originative momentum astatine our studios, to the bold absorption of our streaming and sports strategies, to the focused investments we’re making successful our experiences business, however we are expertly leveraging exertion successful each that we do, I anticipation you are inspired and energized by the limitless possibilities earlier us,” institution Chief Executive Bob Iger said astatine the meeting.

Shareholders voted overwhelmingly to o.k. the 10 members of the committee of directors who stood for election.

They besides voted to ratify the assignment of PricewaterhouseCoopers arsenic the company’s autarkic registered nationalist accountants for this fiscal twelvemonth and o.k. the company’s enforcement compensation proposal, which mostly ties wage to accomplishment of the company’s fiscal show goals.

Three shareholder proposals were not approved — a request that Disney people a study connected however it would shield its worker status program investments from the effects of clime change; a bid to cease the company’s information successful the Human Rights Campaign’s yearly firm equality scale that measures workplace inclusivity for LGBTQ+ workers; and a reexamination of the company’s advertizing policies to guarantee it stays politically neutral and does not discriminate against governmental oregon spiritual views.