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  "documentTitle": "Disney | Shareholder Engagement Presentation Deck | 66 slides",
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  "authorName": "The Walt Disney Company",
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  "presentationDate": "2024-03-01 00:00:00",
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  "notes": "Includes a quote from Mason Morfit and logos of companies ValueAct has invested in.",
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      "text": "Source: FactSet. Summary metrics reflect investments in 21st Century Fox, Adobe, Microsoft, The New York Times, Salesforce, Spotify and Nintendo.",
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      "text": "Summer 2023: ValueAct begins investing. November 15, 2023: News breaks of stake. January 2024: Information sharing arrangement.",
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      "text": "Avg. Duration Held: 2.9 years; Board Seats: 4; Avg. Annualized TSR: 47%; Avg. Ann. TSR vs. S&P 500: +32ppt",
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      "text": "As legacy technologies transition to digital platforms, we believe Disney can lead the media industry forward. We could not be more excited to partner with Bob and the Board to help create long-term sustainable shareholder value. —Mason Morfit, ValueAct Co-CEO and CIO",
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