Disney+ stands to gain from new ad tier, but Iger's streaming strategy still a question mark

Walt Disney Co has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz's hedge fund Trian Fund Management, people familiar with the matter said on Tuesday.
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Walt Disney's (DIS) newly launched ad-based subscription tier for Disney+ subscribers should bolster the streaming platform's competitive edge, particularly given the positive response from investors and users to Netflix's (NFLX) ad-supported plan released last month.