Top News:
Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody — The satirical news site planned to turn Infowars into a parody of itself, mocking “weird internet personalities” who peddle conspiracy theories and health supplements.
Discussion:
The Onion, Washington Post, Associated Press, Inside Radio, NPR, Bloomberg, San Francisco Chronicle, FOX 35 Orlando, @bencollins.bsky.social, Raw Story, Haojun S. on LinkedIn, @maxwelltani, Cele|bitchy, NBC News, PCMag, Nieman Lab, @oneunderscore__, CNN, @bencollins.bsky.social, Capital Brief, TMZ.com, Vanity Fair, New York Magazine, @oneunderscore__, The Barbed Wire, @zimbalist, @semaforben, @yonetteajoseph@threads.net, Breitbart, Alternet.org, To the Contrary, @hadas_gold, @jamesrbuk, David Wyatt on LinkedIn, 6abc, Financial Times, @colbyhall, Laurel Pinson on LinkedIn, @benmullin, UPI, Politico, @sherman4949, @jamesrbuk, Houston Public Media, The Information, Fortune, Mashable, The Verge, @BalooUriza@social.tulsa.ok.us, USA Today, Digby's Hullabaloo, Block Club Chicago, RedState, Laura Seaton on LinkedIn, @carkner@historians.social, The Present Age, Inc.com, Lawyers, Guns & Money, @oneunderscore__, @daithaigilbert, @pkafka, Mother Jones, Le Monde, Axios, Newser, @FuckElon@mastodon.social, @johnlogic@sfba.social, Plain Dealer, @cyberlyra@hachyderm.io, @RPBook@historians.social, The Ankler, @brianstelter, @everytown@threads.net, New Republic, The Wrap, Hollywood Life, Mediaite, @claireatki, The Guardian, Paula Maki on LinkedIn, @sherman4949, @bruno_j_navarro …, The Hill, @mick@cosocial.ca, Engadget, Above the Law, Washington Examiner, @xtaldave@xtaldave.net, The Desk, Perez Hilton, The Daily Caller, OMG.BLOG, @Av8rdan@squawk …, Al Jazeera, @willguyatt, @pbump, Fast Company, @bencollins.bsky.social, @brianstelter, @lisagetspolitik@union.place, @beecycling@romancelandia.club, One America News Network, @chris@mstdn.chrisalemany.ca, @rufflejax@dice.camp, @MicheleV_AK@sfba.social, @theonion, ZeroHedge News, @laurenthomanwrites …, Fox Business, Twin Cities, The Hollywood Reporter, AV Club, Benzinga, @web_martin@mastodon.social, @vwampage@xoxo.zone, Variety, @bencollins.bsky.social, @bencollins.bsky.social, Status, I guess this is a …, Esquire, Business Insider, The Gateway Pundit, Rolling Stone, CBS News, TVNewsCheck, Barrett Media, New York Post, Law & Crime, RTÉ, Just Jared, Boing Boing, Deadline, Not the Bee, HuffPost, Consequence, New York Daily News, Forbes, The National Pulse, Daring Fireball, Press Herald, Crooks and Liars, Daily Kos, WHEC.com, Austin American-Statesman and UnHerd
The Hollywood Reporter:
Disney expects to spend $24B on content in 2025, up from $23.4B in 2024, due to sports programming expenses rising after NFL rate increases and NBA contracts — Rate hikes at the NFL and NBA may mean that sports drive the slight spending increase, with the company reporting $23.4 billion for this past year.
Discussion:
@philthepill.bsky.social
RELATED:
Robbie Whelan / Wall Street Journal:
Disney reports Q4 revenue up 6% YoY to $22.6B, TV network revenue down 6% YoY to $2.5B, and a $321M DTC streaming profit, up from a $387M loss in Q4 2023
Disney reports Q4 revenue up 6% YoY to $22.6B, TV network revenue down 6% YoY to $2.5B, and a $321M DTC streaming profit, up from a $387M loss in Q4 2023
Jennifer Maas / Variety:
In Q4, Disney added 4.4M Disney+ Core paid subscribers, reaching 120M in total, Disney+ Hotstar subscribers rose 1% YoY to 35.9M, and Hulu subscribers hit 52M
In Q4, Disney added 4.4M Disney+ Core paid subscribers, reaching 120M in total, Disney+ Hotstar subscribers rose 1% YoY to 35.9M, and Hulu subscribers hit 52M
Discussion:
IndieWire, Awful Announcing and Advanced Television
Manish Singh / TechCrunch:
Reliance and Disney complete their $8.5B Indian media merger, creating India's largest media group with $3.1B in annual revenue and 50M+ streaming subscribers
Reliance and Disney complete their $8.5B Indian media merger, creating India's largest media group with $3.1B in annual revenue and 50M+ streaming subscribers
Discussion:
Times of India, Reuters, Financial Times, Deadline, The Wrap, Hindustan Times, The Hollywood Reporter and YourStory.com
Brooks Barnes / New York Times:
In its Q4 report, Disney, which rarely offers guidance, shares growth expectations to 2027, including a ~$700M operating profit in DTC streaming in 2025
In its Q4 report, Disney, which rarely offers guidance, shares growth expectations to 2027, including a ~$700M operating profit in DTC streaming in 2025
Discussion:
The Information, Orange County Register, @brianstelter, Benzinga, WHEC.com, Yahoo Finance, Financial Times, Reuters and WORLD SCREEN, more at Techmeme »
Matthew Keys / The Desk:
Disney said Disney+ Q4 ARPU in the US and Canada, down 1% QoQ to $7.70, was affected partly by new wholesale arrangements with some distributors — The Walt Disney Company's recent distribution agreements with Charter Communications and DirecTV impacted a key metric that analysts …
Discussion:
The Verge, The Streamable, Fast Company, StreamTV Insider and Cord Cutters News
RELATED:
Jesse Whittock / Deadline:
Small to mid-sized US unscripted producers like Lucky 8 are looking overseas to find new business and co-producers as the US market contraction hits budgets — Last month at MIPCOM, many regulars at the Cannes TV market noticed more American accents on the Croisette than usual.
Lachlan Cartwright / Columbia Journalism Review:
Just before the election, a Trump lawyer demanded $10B in damages from the NYT and Penguin Random House, part of a flurry of Trump's legal threats to media — Legal letter follows complaints aimed at CBS News, the Washington Post, and the Daily Beast. — The letter, addressed to lawyers …
Discussion:
@lachcartwright
Alex Weprin / The Hollywood Reporter:
YouTube: 45M+ people in the US watched election content on November 5; top livestreams were from Fox News, NBC News, LiveNOW, ABC News, and the PBD Podcast — The Google-owned video platform released data Thursday indicating that tens of millions of Americans decided to watch their election returns there.
Discussion:
TVNewsCheck, Fox News, @youtubeinsider, @alexweprin, @youtubeinsider, Business Insider and Forbes
Liam Scott / Voice of America:
Reporters Without Borders sues X in France for “complicity in disseminating false information”, after X failed to block a fake video with RSF's logo — The press freedom group Reporters Without Borders on Thursday announced that it is suing the social media company X, accusing it of spreading disinformation.
Discussion:
@digiphile.bsky.social and Al Jazeera
Jess Weatherbed / The Verge:
Google plans to stop showing political ads to users in the EU in 2025 due to uncertainties around new transparency rules coming into effect in October 2025 — Google has announced it will stop showing political ads to users in the European Union next year due to uncertainties around the bloc's new transparency regulations.
Discussion:
The Keyword and Engadget, more at Techmeme »
UnHerd:
Scientific American EIC Laura Helmuth is stepping down, following criticism for her social media posts suggesting Trump voters were racist, sexist, and fascist — The embattled Editor-in-Chief of Scientific American is leaving her role after her anti-Trump social media posts gained national attention.
Discussion:
Washington Post, @asherelbein.bsky.social, @andreapitzer.bsky.social, @sanjanacurtis.bsky.social, @ee1ss1.bsky.social, @salvagni.org, @sethfletcher.bsky.social, @erinbiba.bsky.social, @janehu.bsky.social, @erinbiba.bsky.social, @irishwriterme.bsky.social, @drmariannet.bsky.social, @rockdocgeoarch.bsky.social, The Post Millennial, KFOX-TV, Daily Mail, @laurahelmuth.bsky.social, @marynmck.bsky.social, @starrevartan.bsky.social, @laurahelmuth.bsky.social, @profphoebe.bsky.social, @alexwild.bsky.social, @pardoguerra.bsky.social, @leahshaffer.bsky.social, @evanurquhart.bsky.social, @sarahmyhre.bsky.social, @leebillings.bsky.social, @shannonstirone.bsky.social, @robinjp.bsky.social, @self.agency, @danfagin.bsky.social, @jimdaleywrites.bsky.social, @jetjocko.bsky.social, @philplait.bsky.social, @deborahb.bsky.social and @sciraven.bsky.social
Emma Roth / The Verge:
TikTok adds Getty Images to its AI ad creation tool, Symphony Creative Studio, which lets advertisers use the images to make videos, create AI avatars, and more — TikTok will let advertisers pull in content from Getty Images when using the platform's AI ad creation tool.
Discussion:
TikTok For Business and Reuters, more at Techmeme »
Dell Cameron / Wired:
The PRESS Act, shielding journalists from US government spying, stalls as Senate Democrats juggle legislative priorities before ceding control January 3 — The PRESS Act, which would protect journalists from government spying, enjoys broad bipartisan support and has passed the House …
Washington Post:
WaPo names Liz Seymour managing editor; she has held various roles over 25 years at the outlet, including deputy managing editor and executive features editor — A veteran Washington Post newsroom leader, Seymour marks her 25th year at the publication — The Washington Post today named …
Discussion:
The Wrap, MediaPost and Kathy Baird on LinkedIn
Sara Fischer / Axios:
Newsletter platform Beehiiv launches a “beehiiv Media Collective” for journalists, offering health insurance stipends, backend tools for accounting, and more — - Journalists that have recently joined the beehiiv platform include former CNN media reporter Oliver Darcy …
Discussion:
The Information and @crumbler@threads.net