{ "kind": "all", "value": "all", "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations", "filters": { "documentKinds": [], "sourceTypes": [], "orientations": [] }, "total": 319975, "page": 1863, "pageSize": 60, "pageCount": 5333, "rows": [ { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 1, "slideType": "cover", "function": "front_matter", "notes": "Includes standard activist disclaimer and proxy voting instruction.", "imagePath": "https://imgproxy.kitesheet.com/bzDdF8Sb6iD5cNe84c2t___0PAtCTI2Rx9ePq_cbOhA/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9kOTU0ZDdmNGE5YzMvcDAwMS5qcGc", "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/1", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-1", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": "https://imgproxy.kitesheet.com/gBq_8WOmsCjepRGwi-jwu70G8lqFwGUZfAEGO0p_OCQ/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9kOTU0ZDdmNGE5YzMvcDAwMS5wbmc", "thumbSrc": "https://imgproxy.kitesheet.com/AJJGjVrpFKd2wNQaL8uiUOkXRMBwt1U-egP3lfzhJ8g/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9kOTU0ZDdmNGE5YzMvcDAwMS5qcGc", "thumbSrcAlt": "https://imgproxy.kitesheet.com/enuoq4G0LLYEXqUgv8Kpi0ldTWP5McInmSOtkWa8oB8/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9kOTU0ZDdmNGE5YzMvcDAwMS5wbmc" }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 2, "slideType": "appendix_disclosure", "function": "other", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/2", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-2", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 3, "slideType": "appendix_disclosure", "function": "other", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/3", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-3", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 4, "slideType": "problem_statement", "function": "frame_problem", "notes": "This is a classic activist 'problem-solution' framing slide.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/4", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-4", "loopMatches": [], "arcBeatMatches": [ { "to": 7, "from": 4, "beatId": "b1103266-b100-4b02-8bb0-3fab55eea0eb", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem Identification", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Disney's underperformance as a problem", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 5, "slideType": "table_of_contents", "function": "front_matter", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/5", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-5", "loopMatches": [], "arcBeatMatches": [ { "to": 7, "from": 4, "beatId": "b1103266-b100-4b02-8bb0-3fab55eea0eb", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem Identification", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Disney's underperformance as a problem", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 6, "slideType": "key_messages", "function": "summarize", "notes": "Includes a performance bridge chart showing TSR impact before and during Trian involvement.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/6", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-6", "loopMatches": [], "arcBeatMatches": [ { "to": 7, "from": 4, "beatId": "b1103266-b100-4b02-8bb0-3fab55eea0eb", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem Identification", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Disney's underperformance as a problem", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 7, "slideType": "problem_statement", "function": "diagnose_problem", "notes": "Uses a three-column layout to contrast the problem (underperformance), the cause (board), and the solution (nominees).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/7", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-7", "loopMatches": [], "arcBeatMatches": [ { "to": 7, "from": 4, "beatId": "b1103266-b100-4b02-8bb0-3fab55eea0eb", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem Identification", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Disney's underperformance as a problem", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 8, "slideType": "key_messages", "function": "establish_context", "notes": "The slide uses a 'flywheel' concept to describe monetization.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/8", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-8", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 9, "slideType": "comparison_table", "function": "compare_peers", "notes": "The slide uses a comparison table to frame the company's performance as a failure relative to capital invested.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/9", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-9", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 10, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "Uses a dual-chart layout to contrast revenue scale with margin efficiency.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/10", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-10", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 11, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a quote from Disney management to highlight the contradiction between their narrative and the financial data.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/11", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-11", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 12, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a 'villain's own words' technique by contrasting a CEO quote with negative performance data.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/12", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-12", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 13, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a dot-matrix visualization to contrast losing vs. winning trading days.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/13", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-13", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 14, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a three-column structure to contrast Disney's inherent strengths against the Board's failures.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/14", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-14", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 15, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a grid of 'X' icons to visually signal negative performance indicators.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/15", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-15", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 16, "slideType": "villain_critique", "function": "name_villain", "notes": "The slide uses a three-column structure to categorize board failures and provide quantitative evidence of underperformance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/16", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-16", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 17, "slideType": "villain_critique", "function": "name_villain", "notes": "The slide uses a 'report card' metaphor to systematically critique board performance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/17", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-17", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 18, "slideType": "villain_critique", "function": "name_villain", "notes": "Uses 'FAIL' stamps to emphasize critique points.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/18", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-18", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 19, "slideType": "villain_critique", "function": "name_villain", "notes": "The slide uses a 'FAIL' callout to emphasize the critique of the Board's oversight.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/19", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-19", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 20, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a chronological grid to highlight repeated failures and contradictions in governance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/20", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-20", "loopMatches": [ { "to": 20, "from": 8, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "6aec2512-dadb-4e75-a69b-b174a85a5c00", "evidence": "The deck presents a logical chain of events linking the board's failures to Disney's underperformance", "position": 0, "objective": "To show that Disney's underperformance is due to poor board oversight", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "arcBeatMatches": [ { "to": 20, "from": 8, "beatId": "e5d11962-ca65-47bc-ba1f-45a45377a33c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitation", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the board's failures and lack of oversight", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 21, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a 'FAIL' stamp to emphasize the critique of compensation practices.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/21", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-21", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 22, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a red dashed box to emphasize the 'Relative Underperformance' column, which is the primary argument.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/22", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-22", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 23, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": "Includes a specific voting instruction call-to-action at the bottom.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/23", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-23", "loopMatches": [], "arcBeatMatches": [ { "to": 133, "from": 23, "beatId": "b87ea76d-47cf-41db-891f-d9874d31fb66", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck offers a solution by nominating Trian Partners' candidates and outlining their plans for change", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 24, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "Uses a custom legend for specific expertise types (diamonds, triangles, plus signs, squares).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/24", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-24", "loopMatches": [], "arcBeatMatches": [ { "to": 133, "from": 23, "beatId": "b87ea76d-47cf-41db-891f-d9874d31fb66", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck offers a solution by nominating Trian Partners' candidates and outlining their plans for change", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-780377abfbe8", "docSlug": "d954d7f4a9c3", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 25, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a series of 'X' icons to emphasize the failure of the Board to engage.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-780377abfbe8/25", "deckHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-780377abfbe8#slide-25", "loopMatches": [], "arcBeatMatches": [ { "to": 133, "from": 23, "beatId": "b87ea76d-47cf-41db-891f-d9874d31fb66", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck offers a solution by nominating Trian Partners' candidates and outlining their plans for change", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 1, "slideType": "cover", "function": "front_matter", "notes": null, "imagePath": "https://imgproxy.kitesheet.com/XZihcBvpEBrkq07Gpar59h7In5A8QtfhlHhIEXM8gC0/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mNWMwMDhiOWEwZDQvcDAwMS5qcGc", "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/1", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-1", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": "https://imgproxy.kitesheet.com/iAgZ84HmEZ0nXBdFIsMnhRYxDbC9PQQgGr2GLYSHDq4/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mNWMwMDhiOWEwZDQvcDAwMS5wbmc", "thumbSrc": "https://imgproxy.kitesheet.com/iHyDwz1CXfNJzGtOu7ERdfuMQMaDnuVIIHOjhYfP4CQ/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mNWMwMDhiOWEwZDQvcDAwMS5qcGc", "thumbSrcAlt": "https://imgproxy.kitesheet.com/u26ydr1RvrferyGE6ojqFUP9M2casurS2WtV9V2i3eE/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9mNWMwMDhiOWEwZDQvcDAwMS5wbmc" }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 2, "slideType": "appendix_disclosure", "function": "other", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/2", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-2", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 3, "slideType": "appendix_disclosure", "function": "other", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/3", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-3", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 4, "slideType": "executive_summary", "function": "frame_situation", "notes": "This slide serves as the 'thesis' or 'opening hook' for the activist campaign, establishing the 'company in crisis' narrative.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/4", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-4", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 5, "slideType": "problem_statement", "function": "diagnose_problem", "notes": "The chart uses a red dashed line to visually anchor the current price level against historical performance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/5", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-5", "loopMatches": [], "arcBeatMatches": [ { "to": 5, "from": 5, "beatId": "2bc62555-dcfa-471e-9475-d895b5c4be69", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "Disney is trading at an 8-year low", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 6, "slideType": "other", "function": "establish_context", "notes": "The slide uses a logo grid to establish credibility through past and present investments.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/6", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-6", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 7, "slideType": "key_messages", "function": "summarize", "notes": "The slide uses a three-row table structure to categorize Trian's value proposition.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/7", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-7", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 8, "slideType": "appendix_disclosure", "function": "summarize", "notes": "The slide focuses on a single headline metric (~900bps) and provides extensive legal/methodological disclaimers.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/8", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-8", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 9, "slideType": "cite_precedent", "function": "cite_precedent", "notes": "This slide serves as a historical precedent for Trian's activist strategy.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/9", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-9", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 10, "slideType": "before_after", "function": "illustrate_case", "notes": "Includes a quote from former CEO David Taylor validating the significance of the change.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/10", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-10", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 11, "slideType": "before_after", "function": "illustrate_case", "notes": "Uses a before-after framework to attribute performance improvements to Trian's board involvement.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/11", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-11", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 12, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a before-after framing to demonstrate credibility and relationship-building.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/12", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-12", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 13, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "Uses red delta annotations to highlight the performance gap between Disney and its benchmarks.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/13", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-13", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 14, "slideType": "comparison_table", "function": "diagnose_problem", "notes": "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.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/14", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-14", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 15, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Includes a pull-quote from MoffettNathanson regarding the earnings call.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/15", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-15", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 16, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a table to link individual board members to poor historical stock performance, framing them as responsible for strategic failures.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/16", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-16", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 17, "slideType": "executive_summary", "function": "diagnose_problem", "notes": "This is a classic activist investor 'case for change' slide, grouping grievances into three thematic buckets.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/17", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-17", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 18, "slideType": "before_after", "function": "expose_contradiction", "notes": "The slide uses a before-after framing to highlight the negative impact of capital allocation on shareholder earnings.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/18", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-18", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 19, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "The slide uses a bridge format to isolate the 'Fox Traditional Media' assets and derive the 26.5x multiple.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/19", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-19", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 20, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a waterfall-bridge style to illustrate the gap between projected and actual performance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/20", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-20", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 21, "slideType": "before_after", "function": "diagnose_problem", "notes": "Includes a quote from Jim Cramer criticizing the balance sheet.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/21", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-21", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 22, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "Uses a waterfall-style bridge to show the drop from the final offer price to current valuation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/22", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-22", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 23, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": "Uses a combination of a transaction table and a bar chart to illustrate the financial impact of a hypothetical deal.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/23", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-23", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 24, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses red dashed lines to visually anchor the 2018 peak performance against subsequent years.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/24", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-24", "loopMatches": [], "arcBeatMatches": [ { "to": 24, "from": 13, "beatId": "273e8817-3609-4499-b52a-ff27d2e6c116", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "Disney's underperformance, disappointing financials, and failed acquisitions", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 25, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide contrasts a long history of dividend growth with the sudden elimination of the dividend in 2020 due to financial pressures.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/25", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-25", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 26, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a rhetorical question in a callout box to frame the contradiction.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/26", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-26", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 27, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a quote from the Board Chair to highlight the contradiction.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/27", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-27", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 28, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a timeline to demonstrate a pattern of governance failure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/28", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-28", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 29, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "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.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/29", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-29", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 30, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a comparison table to contrast FY 2019 targets with current targets to show the strategic pivot.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/30", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-30", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 31, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The chart uses a waterfall-style accumulation to show the growth of losses over time, highlighting the gap between historical performance and management's break-even guidance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/31", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-31", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 32, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a split bar chart to contrast Disney's historical/projected performance with Netflix's LTM performance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/32", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-32", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 33, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "Uses a bar-grouped chart to compare specific financial line items between Disney (FY 2022) and Netflix (LTM Sept-22).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/33", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-33", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 34, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a quote-slide style box at the bottom to highlight the contradiction between management's stated goals and actual financial performance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/34", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-34", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-74a0f9f25c29", "docSlug": "f5c008b9a0d4", "documentTitle": "The Walt Disney Company (DIS)", "authorId": "06_Trian_Partners", "authorName": "Nelson Peltz", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2023-01-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 35, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a combination of financial data and qualitative arguments about employee treatment to frame the company's current strategy as short-sighted.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-74a0f9f25c29/35", "deckHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-74a0f9f25c29#slide-35", "loopMatches": [], "arcBeatMatches": [ { "to": 35, "from": 25, "beatId": "1338fbba-7115-49cb-95c0-085533f8572a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "Trian's proposed changes, including improving governance, increasing cost discipline, and enhancing streaming strategy", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true } ] }