Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films

By Jace Dela Cruz

Mar 26, 2024 03:34 AM EDT

Disney investor Nelson Peltz has criticized the company for its "woke" approach, particularly questioning Marvel's "Black Panther" and "The Marvels" films. 

LOS ANGELES, CALIFORNIA - NOVEMBER 09: Angelique Roche speaks onstage during THE MARVELS Fan Screening Surprise Talent Appearance at El Capitan Theatre in Hollywood, California on November 09, 2023.
(Photo : Jesse Grant/Getty Images for Disney)

Disney Investor Nelson Peltz Questions 'Woke' Marvel Movies

Nelson Peltz, an 81-year-old investor vying for two seats on Disney's board, expressed skepticism regarding movies like "Black Panther" and "The Marvels," which featured predominantly Black and female leads, respectively.

In a recent interview with the Financial Times, Peltz questioned the necessity of having movies like "The Marvels" with an all-female cast but clarified that he harbors no animosity towards women. 

The billionaire activist investor also questioned the casting choices in "Black Panther," suggesting a preference for films that include both diverse and non-diverse casts.

"Why do I have to have a Marvel [movie] that's all women? Not that I have anything against women, but why do I have to do that? Why can't I have Marvels that are both? Why do I need an all-Black cast?" Peltz told the Financial Times in a recent interview.

However, it is worth noting that neither "Black Panther" nor "The Marvels" featured exclusively Black or female casts, contrary to Peltz's assertions.

READ NEXT: Nelson Peltz vs. Disney: Billionaire Activist Investor Seeks Multiple Board Seats as He Launches New Proxy Battle

Nelson Peltz Wants to Secure Seats at Disney

Former Disney CEO Bob Iger previously emphasized the importance of prioritizing storytelling over advocacy in Disney productions, Variety reported. He stressed the entertainment value of films and shows, asserting that audiences seek entertainment rather than messaging. 

During his interview with the Financial Times, Nelson Peltz echoed similar sentiments, emphasizing that people watch a movie or a show to be entertained and "don't go to get a message."

Peltz's comments came amid his efforts to secure board seats at Disney, signaling potential clashes over the company's creative direction and strategic decisions. Despite his criticism, Disney has defended its approach, highlighting the success of diverse-led films like "Black Panther." 

READ MORE: Bob Iger Faces Threat to His Disney CEO Position As Annual Meeting Nears 

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