Bob Iger's return as CEO of Disney hasn't produced the magical turnaround many anticipated, even with a rise in share prices. Activist shareholders, Tryon Partners and Blackwell's Capital, are calling for major changes at the upcoming annual general meeting. Tryon is pushing for more aggressive cost-cutting, while Blackwell's is advocating for a breakup of the company. The results of these shareholder votes will play a crucial role in shaping Disney's future.