The Walt Disney Company (DIS)

Nelson Peltz · 2023-01

arc beats above · slides in the middle · loops below · scroll → 0 LOOPS

Deck intelligence map

coverage by narrative range · generated from this deck JSON

Narrative range 24 total

Metadata

Components

Metrics

Tools

Frameworks

Beats

Loops

Problem 1 slides 100% 1/1 slides 100% 1/1 slides · 7 hits

— 0/1 slides

100% 1/1 slides

— 0/1 slides

Agitate 12 slides 100% 12/12 slides 100% 12/12 slides · 81 hits

— 0/12 slides

16.7% 2/12 slides · 3 hits 91.7% 11/12 slides 100% 12/12 slides

— 0/12 slides

Solution 11 slides 100% 11/11 slides 100% 11/11 slides · 77 hits

— 0/11 slides

9.1% 1/11 slides 100% 11/11 slides 100% 11/11 slides

— 0/11 slides

Slide inventory

every slide · same image gating as the playbook

front_matter

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other

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other

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This slide serves as the 'thesis' or 'opening hook' for the activist campaign, establishing the 'company in crisis' narrative.frame_situation

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The chart uses a red dashed line to visually anchor the current price level against historical performance.diagnose_problem

Open slide detailBeat · Problem

The slide uses a logo grid to establish credibility through past and present investments.establish_context

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The slide uses a three-row table structure to categorize Trian's value proposition.summarize

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The slide focuses on a single headline metric (~900bps) and provides extensive legal/methodological disclaimers.summarize

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This slide serves as a historical precedent for Trian's activist strategy.cite_precedent

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Includes a quote from former CEO David Taylor validating the significance of the change.illustrate_case

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Uses a before-after framework to attribute performance improvements to Trian's board involvement.illustrate_case

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Uses a before-after framing to demonstrate credibility and relationship-building.expose_contradiction

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Uses red delta annotations to highlight the performance gap between Disney and its benchmarks.compare_peers

Open slide detailBeat · Agitate

The slide uses a 'before-after' comparison to frame the company's performance as a failure, specifically highlighting the impact of the 21st Century Fox deal.diagnose_problem

Open slide detailBeat · Agitate

Includes a pull-quote from MoffettNathanson regarding the earnings call.expose_contradiction

Open slide detailBeat · Agitate

The slide uses a table to link individual board members to poor historical stock performance, framing them as responsible for strategic failures.compare_peers

Open slide detailBeat · Agitate

This is a classic activist investor 'case for change' slide, grouping grievances into three thematic buckets.diagnose_problem

Open slide detailBeat · Agitate

The slide uses a before-after framing to highlight the negative impact of capital allocation on shareholder earnings.expose_contradiction

Open slide detailBeat · Agitate

The slide uses a bridge format to isolate the 'Fox Traditional Media' assets and derive the 26.5x multiple.show_valuation_bridge

Open slide detailBeat · Agitate

Uses a waterfall-bridge style to illustrate the gap between projected and actual performance.expose_contradiction

Open slide detailBeat · Agitate

Includes a quote from Jim Cramer criticizing the balance sheet.diagnose_problem

Open slide detailBeat · Agitate

Uses a waterfall-style bridge to show the drop from the final offer price to current valuation.show_valuation_bridge

Open slide detailBeat · Agitate

Uses a combination of a transaction table and a bar chart to illustrate the financial impact of a hypothetical deal.preempt_rebuttal

Open slide detailBeat · Agitate

Uses red dashed lines to visually anchor the 2018 peak performance against subsequent years.expose_contradiction

Open slide detailBeat · Agitate

The slide contrasts a long history of dividend growth with the sudden elimination of the dividend in 2020 due to financial pressures.expose_contradiction

Open slide detailBeat · Solution

Uses a rhetorical question in a callout box to frame the contradiction.expose_contradiction

Open slide detailBeat · Solution

Uses a quote from the Board Chair to highlight the contradiction.expose_contradiction

Open slide detailBeat · Solution

The slide uses a timeline to demonstrate a pattern of governance failure.expose_contradiction

Open slide detailBeat · Solution

The slide uses a stacked bar chart to break down compensation components and a bridge-style comparison to show the delta between actual and proposed pay.expose_contradiction

Open slide detailBeat · Solution

Uses a comparison table to contrast FY 2019 targets with current targets to show the strategic pivot.expose_contradiction

Open slide detailBeat · Solution

The chart uses a waterfall-style accumulation to show the growth of losses over time, highlighting the gap between historical performance and management's breakexpose_contradiction

Open slide detailBeat · Solution

The slide uses a split bar chart to contrast Disney's historical/projected performance with Netflix's LTM performance.compare_peers

Open slide detailBeat · Solution

Uses a bar-grouped chart to compare specific financial line items between Disney (FY 2022) and Netflix (LTM Sept-22).compare_peers

Open slide detailBeat · Solution

Uses a quote-slide style box at the bottom to highlight the contradiction between management's stated goals and actual financial performance.expose_contradiction

Open slide detailBeat · Solution

The slide uses a combination of financial data and qualitative arguments about employee treatment to frame the company's current strategy as short-sighted.expose_contradiction

Open slide detailBeat · Solution