Top News:
Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV — An $8 billion deal Shari Redstone struck with Skydance Media must go through the FCC next year; new owners seek over $2 billion in cost cuts
Discussion:
@mediaevan, TVNewsCheck, New York Post, @dannassif, @nkulw, @mattzeitlin, @tvgrimreaper and @jtoonkel
Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more — New York CNN — — The incoming chairman of the Federal Communications Commission is sending a stern message to the owners of television stations and networks.
Discussion:
Mediaite, Deadline, @jamesrbuk, @ethetweeter, @chrisharihar, @plsgetserious, @w7voa, @brianstelter, @brianstelter and Daily Kos
New York Times:
Court docs detail a smear campaign against actress Blake Lively via media stories and social media posts after she accused director Justin Baldoni of misconduct — Last summer, as the release of “It Ends With Us” approached, Justin Baldoni, the director and a star of the film, and Jamey Heath …
Discussion:
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Todd Spangler / Variety:
Netflix will host NFL Christmas games, including Beyonce's Halftime show, for only three hours after streaming them live; replays will be available on NFL+ — NFL Network will re-air singer's performance (and Ravens-Texans and Chiefs-Steelers games); replays to be available on NFL+ in U.S.
Discussion:
Awful Announcing, The Desk, Baltimore Sun, TMZ.com, @tvgrimreaper, Decider, Business Insider, Collider, UPROXX and The US Sun
RELATED:
Andrew Beaujon / Washingtonian:
Q&A with Kara Swisher about a potential bid for Washington Post, what she would do as its owner, Jeff Bezos' effusive comments to Trump, Will Lewis, and more — Despite having overseen a rather tumultuous year at the Washington Post, Jeff Bezos has not dropped any hints that he might …
Discussion:
@mediaevan, @benmullin, @abeaujon.bsky.social, @nataliekorach, Balloon Juice, Axios, New York Post, Newser, KRON4, TVNewsCheck, The Wrap and freebeacon.com
Ryan Christoffel / 9to5Mac:
In a viral YouTube video, MegaLag claims PayPal's Honey browser extension doesn't show users the best coupons and deals, and steals creators' affiliate revenue — Honey is a popular browser extension owned by PayPal that's at the center of a big new controversy.
Discussion:
MegaLag on YouTube, The Verge, Fortune, The US Sun and @p3.paisleypeinforte.co.uk, more at Techmeme »
Ankush Khardori / Politico:
Trump may erode press protections but the ABC case is not evidence of that as the decision to settle appears reasonable given Stephanopoulos' imprecise remarks — It doesn't mean the press is caving to Trump. — Donald Trump's antagonism toward the media takes many forms, but until recently …
Discussion:
The Guardian, Raw Story, emptywheel, The Hill, Politico, Alternet.org and American Thinker
New York Times:
In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and 12M subscribers; source: 50%+ of its revenue is from ads — Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.
Discussion:
@durov, Beyond Search, @qui_oui@mastodon.social, TechCrunch, The Wrap and Bloomberg, more at Techmeme »
Gene Maddaus / Variety:
The Animation Guild ratifies a contract with major studios, without AI demands such as letting members opt out of using AI or allowing AI training on their work — The Animation Guild has ratified its contract with the major studios, despite concerns from some about protections against artificial intelligence.
Jamie Heller / Business Insider:
Business Insider hires Rick Brooks as Standards Editor; Brooks most recently served as a standards editor at The Wall Street Journal — I'm excited to share that Rick Brooks is joining Business Insider as Standards Editor. — I worked with Rick for more than two decades at The Wall Street Journal …
Discussion:
@bipressroom and Jamie Heller on LinkedIn
Financial Times:
SEC filings: Spotify executives have sold $1.25B in stock in 2024, including CEO Daniel Ek selling nearly $350M and co-founder Martin Lorentzon selling $550M+ — Company co-founders reaped $900mn in gains this year — Senior Spotify executives and board members have sold $1.25bn worth …
Discussion:
Digital Music News and Benzinga, more at Techmeme »
Cecilia D'Anastasio / Bloomberg:
Riot Games says it spent $250M on an unusual deal to finance two seasons of League of Legends show Arcane on Netflix; sources: there was no plan to recoup costs — ‘Arcane’ drew a big audience, but didn't bring in enough gaming revenue — When Riot Games first decided to make a TV show inspired …
Discussion:
@reveeries, @cecianasta, Cecilia D'Anastasio on LinkedIn and Screen Rant
Jem Aswad / Variety:
UMG and Amazon Music strike a new deal to collaborate on audiobooks and livestreams, address unlawful AI-generated content, protect against fraud, and more — Universal Music Group and Amazon Music have announced an expanded global relationship that will “enable further innovation …
Discussion:
UMG, Digital Music News, Music Business Worldwide, Billboard, The Hollywood Reporter and Bloomberg