Kids
Disney to amend voting bylaws for election of directors
MUMBAI: US media conglomerate Disney has agreed that it will amend its bylaws to provide for a majority vote standard for the election of directors in uncontested elections.
The bylaw will provide that in uncontested elections director nominees must be elected by the majority of votes cast at the annual meeting of shareholders. Incumbent directors who fail to receive a majority of votes — and who would otherwise remain in office until a successor is elected under Delaware law — would be required to offer a letter of resignation for consideration by the Board which shall be required to act promptly. Plurality voting will continue to apply if the number of nominees exceeds the number of open director positions. The Company will adopt the bylaw in time to apply to the Company’s 2008 annual meeting,
In 2005, the company was among the first to adopt a policy calling for directors who receive more “withhold” than “for” votes in an uncontested election to submit their resignation. That policy was adopted in the Company’s Corporate Governance Guidelines. This year, the Company received a shareholder proposal from the Sheet Metal Workers National Pension Fund requesting that the Board initiate a process to amend the bylaws to require majority voting. The Board determined that the step was an appropriate one and agreed to amend the bylaws.
In pursuit of its commitment to corporate governance, the Disney Board has taken several actions in the last several years. These include the adoption of an “anti-greenmail” provision; updating its executive compensation plans to stress pay for performance; setting annual terms for all Board members; eliminating the “poison pill;” requiring directors to each own a minimum of $100,000 in Disney stock; establishing regular executive sessions of non-management directors; limiting the number of other public company boards on which a director may serve; and both reducing the size of the board from 16 members in 2002 to 13 and increasing the number of independent directors.
Kids
Sony YAY! launches ‘House of Masti’ to celebrate 20 years of Shin chan
Comedian Kiku Sharda joins the fun with a special rap track as the mischievous icon returns to Indian TV.
MUMBAI: Shin chan is back and this time, he’s bringing the whole house of masti with him! Sony YAY!, India’s leading kids’ entertainment channel, has unveiled ‘House of Masti’, a specially curated programming block to mark 20 years of the iconic animated series Shin chan on Indian television. The campaign transforms the beloved character’s mischievous world into a fresh, high-energy viewing experience. It features new episodes, fan-favourite moments, and themed programming stunts, all designed to stand out from regular broadcasts.
Adding extra sparkle to the celebration, popular comedian Kiku Sharda has joined the campaign. He anchors the integration with a lively rap track titled ‘Shin chan ka YAY! Dhamaal’, infusing contemporary music and humour into the beloved series.
Sony YAY! business head of kids and animation Ambesh Tiwari said, “Over the past 20 years, Shin chan has built a strong and enduring connection with audiences in India. With ‘House of Masti’, we are celebrating this milestone through a differentiated, campaign-led experience. Kiku Sharda and the rap track add a fun, high-energy layer that will resonate with today’s kids and families.”
Starting 27 April, viewers can enjoy the World Television Premiere of Shin chan along with new episodes and an exciting lineup of blockbuster movies on Sony YAY!.
By blending nostalgia with fresh, engaging content, Sony YAY! is ensuring that the cheeky, laughter-filled adventures of Shin chan continue to entertain and connect with new generations across the country.
In a world full of serious cartoons, Shin chan remains delightfully naughty and with ‘House of Masti’, Sony YAY! is making sure his brand of chaos stays as fresh and fun as ever. Get ready for some serious masti!
