Disney may still be home to the Magic Kingdom, but one high-profile investor is calling them out for their dirty tricks!
Nelson Peltz, who's the billionaire chairman of fast food giant Wendy's as well as Brooklyn Beckams father in law, is angling for a seat on the Disney board.
And in a recent presentation titled “Restore the Magic”, he laid out all the things he thought Disney was doing wrong.
The criticisms were wide-ranging, including how they overpaid for a large chunk of Rupert Murdoch's Fox empire and how their streaming service is losing money, hand over fist.
But his biggest criticism was about how Disney theme parks are squeezing every cent they can from their customers. So much so that he thinks the brands value and long-term health are at risk.”
And he's not wrong. With yearly price increases, fr
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