Disney, the mega movie studio that also owns theme parks and television stations, beat back a proxy battle by Trian Partners CEO Nelson Peltz. The company has had trouble with its streaming services and television properties, and it drew unwanted attention from the long-time activist as its stock fell 35% over the past three years while the Standard & Poor's 500 rose 28%.
Robert Schein, the chief investment officer of Blanke Schein Wealth Management, joins “Forbes Newsroom” to discuss Disney’s victory and its possible next steps.
Watch the full interview above.