Disney Wins Board Vote Against Activist Shareholders, Paramount Global Stock Jumps 14% on Skydance News and Endeavor’s Whitesell to Launch New Media Company

Plus: Ari Emanuel receives $25 million bonus in Endeavor-Silver Lake deal, Survivors of Hamas massacre at Nova festival struggle to rejoin life and Feds raided Diddy’s homes to preserve video evidence of possible sex crimes [disney]( [Disney Wins Board Vote Against Trian Fund Management, Blackwells Capital]( By Lucas Manfredi Disney and CEO Bob Iger have survived a shareholder revolt from Trian Fund Management and Blackwells Capital. The company’s shareholders on Wednesday voted “by a substantial margin” to elect Disney’s full slate of nominees to the board, according to chief legal and compliance officer Horacio Gutierrez. The decision, made at Disney’s annual meeting Wednesday, ends a months-long proxy campaign by activist investors to replace some Disney board members and push Iger to accelerate initiatives to improve Disney’s stock price and overall financial performance. [Read More]( --------------------------------------------------------------- [Paramount Global Stock Jumps Over 14% as Skydance Sets Exclusivity Window in Merger Talks]( By Lucas Manfredi Shares of Paramount Global surged 14.9% during Wednesday’s trading session after Bloomberg reported that the media conglomerate’s special committee of independent directors has entered exclusive talks with David Ellison’s Skydance Media about a potential merger. The deal would see Skydance acquire control of Paramount through the stake controlled by Shari Redstone’s National Amusements, which owns 77.3% of its Class A (voting) common stock and 5.2% of its Class B common stock. It would then merge with Paramount’s film and TV studio. [Read More]( --------------------------------------------------------------- [patrick-whitesell]( [Endeavor's Patrick Whitesell to Launch New Media Company With $250 Million Silver Lake Investment]( By Lucas Manfredi Endeavor executive chairman Patrick Whitesell is launching a new media company backed by Silver Lake as part of the private equity firm’s deal to acquire the sports and entertainment giant at an equity value of $13 billion and take it private. According to a filing with the U.S. Securities and Exchange Commission, Silver Lake will invest $250 million of seed equity into the company. [Read More]( --------------------------------------------------------------- [ari-emanuel]( [Ari Emanuel to Receive $25 Million Asset Sale Bonus in Endeavor-Silver Lake Deal]( [Nova Festival Memorial site Sharon Israel]( [Survivors of Hamas Massacre at Nova Music Festival Struggle to Rejoin LifeÂ]( [Sean "Diddy" Combs]( [Feds Raided Diddy's Homes Over Concerns Video Evidence of Sex Crimes Could Be Destroyed | Exclusive]( [Alan Ritchson Reacher Amazon]( ['Reacher' Star Alan Ritchson Says He Quit the Modeling Industry After Being Sexually Assaulted]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](