Mediagazer: Disney does not endorse the nominations of Nelson Peltz and James Rasulo put forth by Peltz's Trian Fund, nor does it endorse the nominations made by Blackwells (Jill Goldsmith/Deadline)

10:20 PM ET, January 16, 2024

Top News:

Jill Goldsmith / Deadline:

Disney does not endorse the nominations of Nelson Peltz and James Rasulo put forth by Peltz's Trian Fund, nor does it endorse the nominations made by Blackwells — Disney CEO Bob Iger's compensation totaled about $31.6 million for the company fiscal year ended Sept. 30. It includes most of the year.

Discussion: Wall Street Journal, Reuters, Financial Times, The Information, The Walt Disney Company, @alexweprin, @laurenshirsch and The Hollywood Reporter

Todd Spangler / Variety:

Filing: Disney CEO Bob Iger's compensation was $31.6M in 2023, down from $45.9M in 2021, his last prior full year of employment at the company — Disney CEO Bob Iger saw his compensation hit $31.6 million in 2023 — down from $45.9 million in 2021, his last prior full year of employment at the company.

Discussion: CNN, The Wrap, Los Angeles Times, Bloomberg, US Securities and Exchange Commission and @joerussotweets

Rick Porter / The Hollywood Reporter:

Nielsen: the Emmy Awards drew their smallest audience ever with 4.3M viewers, down 27% YoY, hitting a low in viewers for the fifth time in the past six years — Airing opposite an NFL playoff game and Iowa caucus coverage, the delayed ceremony tumbles again.

Discussion: Variety, Adweek, Los Angeles Times, IndieWire, New York Times, The Wrap, Deadline, @theinsneider, The A.V. Club, @jbflint, @lucas_shaw, @lucas_shaw, @tvmojoe, @tzmorsy, @tvmojoe and @dylanbyers

Michael M. Grynbaum / New York Times:

News outlets calling Trump as the winner of the Iowa caucuses early infuriates his Republican rivals and prompts new hand-wringing about the media and elections — No votes had been cast at some locations when The Associated Press and TV networks projected Donald Trump as the winner, half an hour after the caucuses began.

Shelby Talcott / Semafor:

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Colin Salao / TheStreet:

Barstool Sports CEO Erika Ayers Badan says she is stepping down after joining in 2016 and overseeing massive growth at the outlet — Ayers Badan was sentimental in a video posted to social media. — Barstool Sports is losing its CEO. — Erika Ayers Badan, the CEO of Barstool Sports posted on X …

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David Folkenflik / @davidfolkenflik:

[Thread] In a meeting with staffers, The Baltimore Sun's new owner claims he paid nine figures, had read the paper just four times, and the Sun was profitable — The Baltimore Sun's new owner, David D. Smith, met with staffers today for more than two hours. Many left on edge. He claimed he had read the paper just four times. He grew up here; his family's local TV empire - Sinclair - is based in Baltimore Co. Other highlights:

The Wrap:

Sources: the LAT suffers from its owner meddling in editorial decisions and from a lack of vision without a CEO; a former editor estimates it's losing $50M/year — Respected editor Kevin Merida abruptly resigned last week after getting fed up with owner interference in the newsroom

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Kenneth Li / Reuters:

Thomson Reuters acquires World Business Media, a subscription-based, 25-person outlet providing news and analysis on the insurance market — said on Tuesday it acquired World Business Media Limited, a subscription-based provider of news and analysis on the insurance and reinsurance market.

Discussion: Thomson Reuters and Talking Biz News

Sara Fischer / Axios:

Sources: Red Ventures has approached buyers about selling CNET for at least $250M, after acquiring the outlet and other sites for $500M in 2020 — Red Ventures, the digital media and marketing juggernaut based in Fort Mill, South Carolina, has approached strategic buyers about offloading tech news …

Discussion: @weareyourfek, @tim_stevens, @bmorrissey, @saschasegan, @thezedwards, @ernie.tedium.co, @ernie@writing.exchange, @mediaevan, @afillari, @samantharmeller, @thekenyeung@threads.net, Sara Fischer on LinkedIn, @ashleyesqueda, @alex, @andrewkrok and Talking Biz News

Winston Cho / Hollywood Reporter:

FilmLA: Los Angeles film and TV production fell 36.4% YoY to 5,520 shoot days in Q4 amid the Hollywood strikes, marking the fourth consecutive quarterly drop — The actors and writers strikes, combined with runaway production, led to some of the lowest production levels in the city's recorded history.

Discussion: The Wrap, Variety, FilmLA, Los Angeles Times, Deadline and Bloomberg

Rebecca Sun / The Hollywood Reporter:

Adobe and the Adobe Foundation commit $6M to launch The Adobe Film & TV Fund to support the work of existing nonprofits that help underrepresented creators — The company and its foundation is collaborating with the NAACP, Easterseals, Gold House, Latinx House, Sundance Institute and Yuvaa in its first year.

Discussion: Adobe Press Releases, IndieWire, Deadline, @adobe, @adobe, The Adobe Blog, Variety and The Wrap

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