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Welcome back to In The Room. I’m Dylan Byers.
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In tonight’s email, news and notes on Bill Ackman’s media jihad against Business Insider and Axel Springer, which seems poised for further escalation. “Most people underestimated the way that Bill Ackman is completely losing it,” an Axel spokesperson told me, but “the facts of the story stand.”
Mentioned in this email: Aaron Rodgers, David and Larry Ellison, Don Lemon, Jimmy Pitaro, Jimmy Finkelstein, Jimmy Kimmel, Kevin Merida, Mark Thompson, Martin Varsavsky, Nicholas Carlson, Pat McAfee, Tucker Carlson, Shari Redstone, and Zaz, among others.
But first… some Wednesday thoughts…
🤝 Skydance advances on Paramount: Skydance’s David Ellison is moving slightly closer to an all-cash bid for Shari Redstone’s National Amusements, the Paramount parentco, per The Wall Street Journal. Ellison’s interest in the company has led him to expand his investor group, which now apparently includes his father, Larry, and other Skydance backers, such as RedBird and KKR, to help...
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A MESSAGE FROM OUR SPONSOR
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Alexander Payne's "The Holdovers" is a quiet masterpiece, a testament to the director's mastery in crafting poignant stories that celebrate the human condition. He "breathes new life into a cinematic form that has lately felt more endangered than ever" (The Washington Post), guiding us through the halls of a New England prep school, bringing to life a trio of unlikely protagonists. Ultimately, ‘The Holdovers’ is a story about the universal human need for connection and finding solace in unlikely places, offering a glimmer of hope and empathy in a world often focused on division. Featuring stunning performances from Paul Giamatti, Da’Vine Joy Randolph and newcomer Dominic Sessa, THE HOLDOVERS has been heralded by audiences and critics alike. Now a winner of 2 Golden Globe Awards and nominated for 8 Critics Choice Awards including Best Director and Best Picture of the Year.
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A Season of Ackman’s Life
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News and notes on the media holy war of our time: Bill Ackman’s pressure campaign to persuade Business Insider’s investors and executives to disavow a report detailing improper attributions in his wife’s academic work.
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Bill Ackman, the billionaire hedge fund manager, has spent the past month or so proudly demonstrating to the broader media-cultural elite the sort of activist chops that have underpinned his mostly brilliant investing career, and were particularly on display during some of his more high-profile corporate campaigns. Ever since the presidents of Harvard, Penn, and M.I.T. offered their cringeworthy assessments of antisemitic behavior on their campuses before Congress, four weeks ago, Ackman veritably drafted himself into a viral holy war against them. His rage was focused, in particular, at Harvard president Claudine Gay, who was defenestrated weeks after the hearings, ostensibly due to newly unearthed accusations of...
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FOUR STORIES WE’RE TALKING ABOUT
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