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:
Reuters, The Information, @laurenshirsch, @alexweprin, The Walt Disney Company and The Hollywood Reporter
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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:
Wall Street Journal, The Wrap, Bloomberg, US Securities and Exchange Commission and @joerussotweets
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.
Discussion:
@andrewromeo33, ABC News, @michaelscherer, @mattwolking, Semafor, CNN, @sonofhas, Washington Times, @daveweigel, New Yorker, The Messenger, @michaelscherer, CBS News, The Messenger, Axios, @tightoff, Bloomberg, @grynbaum, New York Post, Washington Examiner, Columbia Journalism Review, Newsweek, Washington Post, @conrad_aml, Salon, Breitbart, Associated Press, Slate, Mediaite, The Hill, Heavy.com and Business Insider
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 …
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
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, New York Times, The Wrap, IndieWire, The A.V. Club, @jbflint, @tvmojoe, @tvmojoe, @theinsneider, @tzmorsy, Deadline, @lucas_shaw, @lucas_shaw and @dylanbyers
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 …
Shelby Talcott / Semafor:
ABC News and WMUR-TV cancel their scheduled Republican presidential primary debate in New Hampshire after Nikki Haley and Donald Trump refused an invitation — The News — That appears to be it for the Republican primary debates. ABC News and WMUR-TV announced on Tuesday they were canceling …
Discussion:
The Wrap, Mediaite, The Hill, The Desk, TVLine, Washington Post, The Messenger, Axios, ABC News, Deadline, Reuters, @gartenberg, @lizchar, @shelbytalcott and @benjysarlin
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
Discussion:
@paulimeth, @sharonwaxman, @sharonwaxman, @dabeard, @ckrewson, @dicktofel, @jayrosen_nyu and @zpleat
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, Variety, @adobe, The Adobe Blog, @adobe and The Wrap
Dan Kennedy / Media Nation:
Worcester, MA-based The 016 says the news-oriented social network with no algorithmic feed had 17M email opens and 13M click-throughs over the past five years — Congratulations to Mark Henderson, a Worcester media entrepreneur who's celebrating the fifth anniversary of The 016 …
Discussion:
The 016, @henderson_mark and @dankennedy_nu@journa.host
Winston Cho / The Hollywood Reporter:
Disney and 20th Century settle a lawsuit from TSG, which accused them of withholding profits and self-dealing to boost sub numbers for their streaming services — The lawsuit also dealt with changes in distribution windows and the allegedly murky role that studios play as producers and distributors of content.
Discussion:
The Wrap
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.
Brian Steinberg / Variety:
TelevisaUnivision plans to launch an ad-supported tier of its Spanish-language streamer, ViX, later in 2024 “at a lower price point with a moderate ad load” — TelevisaUnivision plans to launch an ad-supported version of its Spanish-language streamer, ViX, later in 2024 …
Discussion:
Next TV, The Hollywood Reporter and TelevisaUnivision
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