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3:35 AM ET, December 21, 2023

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 Top News: 
Sara Fischer / Axios:
Sources: WBD CEO David Zaslav met with Paramount Global CEO Bob Bakish on December 19 to discuss a possible merger; Zaslav has also spoken with Shari Redstone  —  Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger …
Todd Spangler / Variety:
Sources: Byron Allen offers Paramount $3.5B to acquire BET Media Group, including the BET cable channel, VH1, BET Studios, and BET+; he offered $2.7B earlier  —  On Tuesday, Allen, who is founder and CEO of Allen Media Group, emailed Paramount Global senior executives and board …
RELATED:
Bloomberg:
Sources: Paramount Global is in talks to sell its BET network to a management-led investor group that includes BET CEO Scott Mills and Chinh Chu, for under $2B  —  Paramount Global is in talks to sell its Black Entertainment Television network to a management-led investor group, according to people with knowledge of the discussions.
Katherine Blunt / Wall Street Journal:
Morgan Sung / TechCrunch:
A look at the first annual VTuber Awards, a five-hour, live awards show for virtual YouTubers, hosted from an enclosed green box in WePlay's LA studio  —  Anime cat girls are at the forefront of tech innovation  —  On stream, Filian took the stage at the center of a colossal arena …
Will Sommer / Washington Post:
A reporter's departure from The Dallas Morning News and a front-page retraction prompt a union grievance and suspicion that managers bowed to political pressure  —  At the Morning News, a sarcasm-drenched email interview with the county district attorney led to a rare and humiliating front-page retraction of a story.
Patrick Coffee / Wall Street Journal:
Most big brands haven't yet created AI-specific roles despite many marketers fearing AI will change their jobs; Coca-Cola promoted two execs to new AI roles  —  Many marketers believe artificial intelligence will change their jobs forever.  But most big brands haven't created roles to oversee that process …
Victoria Arancio / ABC News:
A helicopter pilot and a photographer for TV station WPVI in Philadelphia died on December 19, following a helicopter crash in Washington Township, New Jersey  —  The two were returning from an assignment at the Jersey Shore, the station said.  —  A news helicopter, operated …
Ashley Carman / Bloomberg:
After Spotify began offering complimentary audiobooks to millions of subscribers in October 2023, authors demand more transparency about how they will be paid  —  - Bradley Tusk, an investor and author, is backing new US effort  — Coalition of Concerned Creators is demanding more transparency
 
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 More News: 
Erik Larson / Bloomberg:
New York's AG sues Sirius XM for allegedly making canceling subscriptions to its online radio services hard, including via a “frustrating” six-part conversation
Andreas Wiseman / Deadline:
BAFTA changes the rules for its Best Film category by increasing its minimum seven-day theatrical screenings requirement from 70 to at least 350 screenings
Discussion: Variety
Benjy Sarlin / Semafor:
Substack writers Matthew Yglesias and Brian Beutler plan to launch politics podcast Politix on January 3, covering the 2024 US election from the center-left
 Earlier Picks: 
David Folkenflik / NPR:
Prince Harry's and Hugh Grant's lawsuits against News Corp's UK papers accuse new Washington Post CEO Will Lewis of phone hacking coverups between 2010 and 2012
Bloomberg:
Sources: ByteDance's 2023 sales surged to $110B+, broadly matching 2022's 30% growth rate, despite economic turbulence in China and scrutiny in the US and India
John Herrman / New York Magazine:
OpenAI's deals with publishers, like the one the company recently inked with Axel Springer, offers a glimpse of how AI and the media might eventually intersect