Top News:
Lucas Shaw / Bloomberg:
Netflix buys the exclusive rights to Raw and other WWE programs, sources say paying $5B for a 10-year deal, airing in 2025 in the US, Canada, and other markets — - Company to be exclusive home for show in US, other territories — Streaming service to air three hours of live wrestling weekly
Discussion:
CNBC, Awful Announcing, Axios, Sportico, The Streamable, Next TV, TVLine, New York Post, Reuters, Wall Street Journal, Variety, WWE, CBS News, Dexerto, Financial Times, The Verge, @tvgrimreaper, FOX8 WGHP, @sarafischer, @conorsen, @conorsen, @conorsen, @sherman4949, @buccocapital, @wwe, @sherman4949, @tripleh, @netflix, @tim_bays, Deadline, The Hollywood Reporter, Cord Cutters News and Slashdot, more at Techmeme »
Amanda Silberling / TechCrunch:
MrBeast's first video on X earns $263K+ in ad revenue in one week, but he calls it a “facade” as he thinks advertisers bought ads after noticing its popularity — MrBeast made over $263,000 in ad revenue from posting his latest video on X, but the YouTube icon says he thinks this number is “a bit of a facade.”
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Nikhil Agarwal / The Economic Times:
Zee Entertainment's shares crash 33%, marking its worst single-day fall in history, after Sony called off the $10B merger between its Indian media unit and Zee — Zee Entertainment shares hit the lower circuit as brokerages downgrade the stock after the cancellation of the merger with Sony.
Discussion:
Dow Jones Newswires, Business Standard, CNBC-TV18, Moneycontrol, CNBC, India Today, Fortune India, Times of India and Reuters
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Reuters:
Sony sends a termination notice to Zee Entertainment to call off the $10B merger between its Indian media unit and Zee, citing unmet conditions as the reason
Discussion:
MediaNama, BBC, @indiansportsott, @yatinmota, Kishore Acharya on LinkedIn, @piyushchaudhry, @chulbolpandey, @pure_ps, Bloomberg, @danprimack, WORLD SCREEN, The Wrap, Broadband TV News, TechCrunch, CNN, Deadline, Wall Street Journal, The Hollywood Reporter, Variety, Financial Times, Bloomberg and Financial Times
Jake Coyle / Associated Press:
The Associated Press receives its first Oscar nomination in history, with 20 Days in Mariupol nominated for best documentary at the Academy Awards — Associated Press video journalist Mstyslav Chernov covered the first 20 days of the Russian invasion of the Ukrainian city of Mariupol.
Discussion:
FOX8 WGHP
Katie Kilkenny / The Hollywood Reporter:
Union staffers across Condé Nast brands plan a 24-hour walkout on Jan. 23, coinciding with Oscar nominations, to protest alleged unlawful bargaining practices — More than 400 workers at Vanity Fair, Vogue, Condé Nast Entertainment, Bon Appétit and other brands are walking …
Discussion:
Axios, @bootsriley, @condeunion, nyguild.org, The NewsGuild, @erik_hayden, The Wrap, Variety, @condeunion and @katiekilkenny7
Lucas Shaw / Bloomberg:
Netflix film chairman Scott Stuber plans to leave to start a production company; Netflix's Chief Content Officer will oversee films until a replacement is found — - Executive built streaming service's film studio as chairman … Stuber will stay on as global film chairman at least until …
Discussion:
The Wrap, Deadline, AppleInsider, New York Times, Business Insider, @lucas_shaw, Variety, @tim_bays, Benzinga, @mattbelloni, @pkafka@threads.net, Los Angeles Times, IndieWire, Screen Rant and Reuters
Ted Johnson / Deadline:
Los Angeles Times managing editors Sara Yasin and Shani O. Hilton have exited less than two weeks after executive editor Kevin Merida resigned from the paper — UPDATED, 11:42 AM: Two more top editors have resigned from the Los Angeles Times ahead of a new round of planned layoffs.
Discussion:
@maxwelltani, Poynter, @katie_robertson, Los Angeles Times, @megjameslat, @meridak, @maxwelltani, @brianstelter, @megjameslat, @lucas_shaw, New York Times and The Wrap
Inside Radio:
Nexstar launches the NewsNation Audio Network to offer “ready to air audio clips” from the news network for participating radio stations and audio platforms — Nexstar Media Group's cable news network NewsNation is branching into the audio business.
Discussion:
The Desk, RADIO ONLINE, Radio & Television …, @chistodotme, @thedeskdotnet, NewsNation and TVNewsCheck
Kourosh Ziabari / New Lines Magazine:
A look at the state of journalism in Iran as Ebrahim Raisi, the most hardline president of the Islamic Republic since 1979, cracks down on independent media — President Ebrahim Raisi is leaving no stone unturned to ensure his country dethrones North Korea as the most inhospitable place for reporters
Discussion:
Reporters Without Borders and Committee to Protect …
Patrick Coffee / Wall Street Journal:
A look at the challenges Amazon Prime Video faces as it plans to show ads, including attracting large brands that don't already sell products on Amazon — The e-commerce giant must provide more high-quality content and court advertisers that don't sell products on its platform, experts say
Discussion:
@tvgrimreaper and The Playlist, more at Techmeme »
Benjamin Mayo / 9to5Mac:
Apple will pay up to 10% more per play in Apple Music royalties for tracks where a Spatial Audio version is available, starting with January's payouts — Apple Music is now encouraging artists with a financial incentive to make their music available in Spatial Audio, which offers …
Discussion:
Appleosophy, Billboard, The Verge, Rolling Stone, @shobhitnerd, TechCrunch, AppleInsider, MacRumors and Music Business Worldwide, more at Techmeme »
Max Tani / Semafor:
The 2024 GOP primary races are failing to lure news audiences back, with ratings down, as media execs reckon with the lack of a “Trump bump” to save ad budgets — The News — For one week every four years, the DoubleTree hotel in downtown Manchester, New Hampshire …
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