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4:55 AM ET, January 4, 2024

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Michael Flaherty / Axios:
Hedge funds vie for power at Disney: ValueAct supports Disney's board slate, Trian and Ancora support Nelson Peltz, and Blackwells pushes other board candidates  —  Trian, ValueAct, Ancora and Blackwells — it's a fight within a fight. … ValueAct, in turn, said it would support Disney's slate of directors.
Ben Scent / Bloomberg:
Disney signs a confidentiality agreement to share information with shareholder ValueAct, which will support Disney's board nominees and consult with the company
RELATED:
Brian Steinberg / Variety:
Athan Stephanopoulos plans to leave as CNN's chief digital officer at the end of January, the second turnover of digital executives at CNN since WBD took over
Max Tani / Semafor:
Sources: The Messenger's board weighed shutting the site down, at a December 29 meeting, and Jimmy Finkelstein has expressed a willingness to sell the site  —  The Scoop  —  The board of the startup news organization The Messenger weighed shutting the publication down at a meeting on Friday …
Kari Paul / The Guardian:
Q&A with Jacob Bakkila, who ran the popular @Horse_ebooks Twitter account for two years, on the inspiration for the language bot, AI chatbots, and more  —  By reusing and repurposing existing writing into viral fragments on Twitter, the account functioned like today's chatbots.
Jay Peters / The Verge:
Twitch changes its sexual content policies again and says the platform won't allow streamers to “imply or suggest that they are fully or partially nude”  —  Twitch is changing its sexual content policies again, this time to prohibit implied nudity on the platform.
Winston Cho / The Hollywood Reporter:
In a lawsuit, a Disney employee claims she was sexually assaulted by former VP of distribution Nolan Gonzales and that management didn't escalate concerns to HR  —  The plaintiff, suing as a Jane Doe, claims she was assaulted by former vice president of distribution Nolan Gonzales …
Discussion: Deadline and Bloomberg Law
 
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Charlotte Tobitt / Press Gazette:
The UK Editors' Code of Practice Committee rejects calls to extend the discrimination clause in the code to cover Jews, Muslims, those with ADHD, and others
Aleks Chan / The Guardian:
The Guardian US raised $2.2M in its 2023 year-end fundraiser, up 25% from the previous record and the most successful raise since its first appeal six years ago
 Earlier Picks: 
Ray Schultz / MediaPost:
Quebec City's Le Soleil newspaper, founded in 1896, ends its print edition, going fully digital; the newspaper started printing on Saturdays only in March 2020
Discussion: CBC News
Benjamin Mullin / New York Times:
In an email, Cheddar furloughs at least some employees, effective immediately, and bars them from further work, blaming unforeseen internal and external factors