Produced by: Tarun Mishra Designed by: Muskan Arora
Elon Musk has casually discussed the possibility of purchasing Disney, citing concerns over its management and recent controversies, according to a report by Washington Times.
Elon Musk was spotted in Los Angeles, at the red-carpet premier of film "Lola" with activist investor Nelson Peltz. During the red-carpet event, Elon said, "I'm just here with friends, thinking about companies to acquire."
Activist Investor, Nelson Peltz has previously expressed interest in acquiring Disney, criticizing current management for allegedly mismanaging the company.
Disney's recent earnings report revealed a significant decline in content sales and licensing revenue, attributed to the performance of certain movies.
Disney is facing criticism for deviating from family-friendly content and promoting left-wing narratives, leading to controversies like the firing of actress Gina Carano.
In return, Gina Carano also filed a sex-discrimination lawsuit against Disney, supported by Elon Musk's financial backing.
Elon Musk has voiced concerns about Disney's approach to diversity and inclusion, suggesting it hampers the creative process and contributes to the decline in content quality.
Elon Musk, a fan of comic books and known for his cameo in "Iron Man 2," expressed dissatisfaction with Disney's leadership under Bob Iger, attributing recent cinematic failures to perceived institutional racism and sexism.
Elon Musk has also accused Disney of implementing discriminatory "inclusion standards," purportedly revealed in documents he published, in which he claimed that Disney prioritized factors like skin colour over talent.