OneTime on 22 April 2020
This is *very* bad news. Activist investors are very focussed on making money, over the long term profitability of an organisation. The main purpose is to heavily cut costs to boost the balance sheet, and then take out very large loans, before returning money to the investors. Then they cash out and leave the company with greatly increased debt.
They will say a lot of things that "sound good", but the only purpose is to jack up the stock price.
It makes sense for a clothing or oil company, but is bad for people in an creative industry.
