{
  "docId": "019de074-3035-768f-8b37-0b237716a90e",
  "docSlug": "b46fdd911758e7f040e29f64d87db28c",
  "documentTitle": "Disney | Shareholder Engagement Presentation Deck | 16 slides",
  "authorId": "disney",
  "authorName": "Disney",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 12,
  "pageCount": 16,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "villain_critique",
  "function": "name_villain",
  "density": "balanced",
  "nDataPoints": 2,
  "notes": "Uses a combination of performance data and direct quotes to undermine the activist's credibility.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-3035-768f-8b37-0b237716a90e/12",
  "deckHref": "/decks/019de074-3035-768f-8b37-0b237716a90e",
  "deckJsonHref": "/decks/019de074-3035-768f-8b37-0b237716a90e.json",
  "deckAnchorHref": "/decks/019de074-3035-768f-8b37-0b237716a90e#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.45,
        "w": 0.35,
        "x": 0.04,
        "y": 0.45
      },
      "kind": "chart",
      "text": "MSG Sports TSR Trails Market",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "44a0af9a-436e-4e89-8f63-0deba1762e1b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.55,
        "x": 0.41,
        "y": 0.33
      },
      "kind": "list",
      "text": "Peltz wants to \"adapt strategies to address changing industry dynamics\". Yet he lacks a basic understanding of our industry by his own admission.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "21459454-a223-4766-b3d9-4bedfe901fc2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.35,
        "x": 0.04,
        "y": 0.33
      },
      "kind": "list",
      "text": "Peltz has been on the MSGS Board since October 2014. TSR lags the S&P and has not outperformed the S&P by 900bps annually as Peltz claims all his Boards have.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5d34e6cb-9ec8-46a3-a320-e2665cd92329",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.94,
        "x": 0.03,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: FactSet. 1 Reflects TSR of MSGN from 10/28/14 to 09/30/15 and MSGS from 09/30/15 to 01/12/23; 2 CNBC interview, 01/12/23",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3a3698a1-21ea-486c-9be4-49e74163059f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.55,
        "x": 0.41,
        "y": 0.45
      },
      "kind": "table",
      "text": "CNBC interview quotes regarding Investment Thesis, Streaming Strategy, and Parks Strategy.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f18d422a-83f9-494e-a18f-c6d74282712b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.94,
        "x": 0.03,
        "y": 0.04
      },
      "kind": "title",
      "text": "Peltz has no track record in large cap media or tech, no solutions to offer for the evolving media landscape and if MSG Sports is his training ground, it has not been a good one",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "96f217dd-152e-4b42-8ece-7d87ee0a5056",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Audience Definition",
      "slug": "audience-definition",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "80089d37-da7d-489e-ad2b-909edebbbf58",
      "evidence": "The slide seems to be tailored to a specific audience, likely Disney shareholders, as it discusses Peltz's statements and their implications.",
      "confidence": 0.7
    },
    {
      "name": "Villain slide",
      "slug": "villain-slide",
      "agent": null,
      "layer": "slide",
      "matchId": "81736d74-1398-42f7-948e-e78ff07d7452",
      "evidence": "The slide presents a critical view of Peltz, highlighting his lack of track record in large cap media or tech and questioning his ability to offer solutions for the evolving media landscape.",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "antagonist-introduction",
      "slug": null,
      "matchId": "daddccc9-af5f-42e9-a392-29b5f56ea98d",
      "evidence": "The slide explicitly frames Peltz as lacking competence and track record.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 12,
      "from": 6,
      "beatId": "5c3ed55a-19ef-4bd0-80ce-55d92db62372",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The document provides evidence and preempt rebuttals to support the board's position",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}