Top News:
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.
Discussion:
Reuters, IndieWire, The A.V. Club, Wall Street Journal, UPI, New York Post, The Information and The Wrap
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Variety:
Blackwells nominates three candidates to Disney's board to rival Nelson Peltz's proxy fight, and says Disney's ValueAct deal is “a disappointing defensive move” — Disney and CEO Bob Iger have secured votes of confidence from two key allies in the company's proxy fight with Nelson Peltz.
Discussion:
GlobeNewswire News Room, Radio & Television …, The Hollywood Reporter, @xpangler, Los Angeles Times and Reuters
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 — ValueAct Chief Investment Officer Mason Morfit said in the statement that Disney has the best intellectual property …
Discussion:
The Walt Disney Company, Next TV, Wall Street Journal, Variety, The Hollywood Reporter, Deadline, Reuters and Financial Times
Christopher Williams / Telegraph:
Sources: The Telegraph delays its restructuring until January 31, after UK officials asked to wait until Ofcom reviews RedBird IMI's takeover — ‘Hive down’ delayed until after Ofcom delivers review of Abu Dhabi-backed takeover — A corporate restructuring of The Telegraph viewed …
Discussion:
@pressgazette
Jay Peters / The Verge:
Twitch changes its sexual content policies again and says it 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.
Discussion:
@carnage4life@mas.to, ClutchPoints, @MikeElgan@mastodon.social and safety.twitch.tv, more at Techmeme »
Alex Weprin / The Hollywood Reporter:
T-Mobile plans to bundle Hulu's ad-supported tier with its Go5G Next plan from January 24; Netflix and Apple TV+ are already free on the Go5G Next plan — The mobile carrier already offers complimentary Netflix and Apple TV+ on its Go5G Next plan. … The telecom giant says that it is …
Discussion:
The Desk, The Streamable, BGR, MediaPost, 9to5Mac, Variety and Cord Cutters News
Mark Gurman / Bloomberg:
Roku plans to launch its first high-end TVs in spring 2024, including the 55-inch, 65-inch, and 75-inch Pro Series for up to $1,500 — Roku Inc., the maker of TV streaming boxes and software, is debuting its first high-end televisions in a bid to continue sales momentum for the company's devices.
Discussion:
Next TV, The Streamable, TechCrunch, BGR, The Verge, 9to5Google, Cord Cutters News and Media Play News, more at Techmeme »
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 — Athan Stephanopoulos will leave his role as chief digital officer of CNN as the news outlet's new chief starts to implement …
Discussion:
The Wrap, Deadline, @dylanbyers, @dylanbyers, @pressgazette, The Hollywood Reporter and @bristei
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 — Leading editors have rejected new calls to extend the discrimination clause of the Editors' Code of Practice to cover groups.
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 — The Guardian US had its most successful end of year fundraiser ever, raising more than $2m to support our journalism in 2024
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 — Le Soleil, a newspaper based in Quebec City, has published its last print edition and is now going entirely digital.
Discussion:
CBC News
Stuart Dredge / Music Ally:
BPI: UK consumers streamed 179.6B audio tracks in 2023, up 12.8% YoY; women artists topped the UK's official singles chart for a record 31 of the 52 chart-weeks — British labels body the BPI has published its annual report on music consumption in the UK. — That means figures covering …
Discussion:
BPI, CMU, BPI, Music Week, The Guardian, Financial Times and Music Ally
Benjamin Mullin / New York Times:
Source: The Messenger is expected to lay off roughly two dozen out of ~300 employees this week; the company says it is “in the midst of a second-round raise” — The company, an aggressive entrant to the digital news space, is expected to cut roughly two-dozen employees later this week.
Discussion:
Mediaite, Talking Biz News, Semafor, The Wrap, @benmullin, @theloniusly, @benjaminopowers, @lmoses, @carlmacgowan, @stufalk, @evolambert, @carloseats, @tomaxwell, @benmullin, New York Post and The Information
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