February 03, 2023
What we're watching: Trian Partners' proxy fight against Disney is in full-on attack mode, with the activist hedge fund naming its board target this week and the company responding with a staunch and lengthy defense. A peace settlement doesn't look likely at the moment. Stay tuned.
1. The Recount's new owner
Jan. 30 — The News Movement, a video news startup with offices in London and New York, has acquired The Recount for an undisclosed amount of equity.
Why it's the BFD: The deal expands the acquirer's presence in the U.S. and rescues The Recount, which had laid off a large portion of its staff last year and was prepared to shutter, Kerry wrote.
Read the rest of this article and Monday's newsletter
Plus: Monday's Pro Rata, on regulatory oversight of TikTok and Paradigm's Series A.