this post was submitted on 21 Mar 2025
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Disney Shareholders Overwhelmingly Reject Proposal to Sever Ties With LGBTQ Rights Group at Annual Meeting (variety.com)
submitted 1 day ago by [email protected] to c/[email protected]
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[–] [email protected] 4 points 1 day ago

Disney’s board recommended

That’s damn near unanimous.

In an age of stock ownership dominated by "dumb money" (stocks held within index funds, which always vote with the board as a matter of fund [lack of] management policy), that's to be expected. It's weird when more than a tiny minority of shareholders don't vote with the board.