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11:25 AM ET, January 22, 2025

Mediagazer

 Top News: 
Mark Landler / New York Times:
Prince Harry reaches a settlement with Rupert Murdoch's News Group Newspapers over allegedly gathering unlawful information, an abrupt end to the London trial  —  Rupert Murdoch's News Group Newspapers offered Harry an “unequivocal apology” for “unlawful” activities at The Sun and agreed to pay substantial damages.
RELATED:
Max Goldbart / Deadline:
Settlement: Murdoch's NGN apologizes to Prince Harry over “unlawful” phone hacking by The Sun and “extensive coverage and serious intrusion on his private life”  —  In the past few minutes, the BBC reported NGN apologizing for phone hacking, and the impact this had on Harry …
Chris Ship / @chrisshipitv:
Source: Rupert Murdoch's News Group Newspapers agreed to pay Prince Harry £10M+ in damages as part of the settlement  —  Just been told News Group Newspapers have paid Prince Harry and EIGHT figure sum in damages.
RELATED:
Lucas Shaw / Bloomberg:
Netflix reports Q4 revenue up 16% YoY to $10.2B and 301.6M global subscribers, adding 18.9M subscribers, more than double analysts' estimates; NFLX jumps 14%+
Drew Lerner / Awful Announcing:
Nielsen: Netflix captured 8.5% of all US streaming viewership in December 2024, its highest share since July 2023, in part due to NFL games; YouTube had 11.1%
Ivan Mehta / TechCrunch:
YouTube adds experimental features for Premium users, including higher audio bitrate of up to 256kbps for music videos and faster playback on mobile  —  YouTube said Wednesday that it is adding new experimental features for Premium users, including high-quality audio, faster playback speed option on mobile …
Daniel Tencer / Music Business Worldwide:
Music AI, the AI startup behind Moises music creation service, raised a $40M Series A led by monashees and Connect Ventures, a partnership between CAA and NEA  —  Music AI, the “AI-first” company behind the increasingly popular Moises music creation platform, has announced it has raised USD $40 million in a Series A funding round.
Discussion: Billboard and Digital Music News
Charlotte Tobitt / Press Gazette:
The UK's ITV News appoints Channel 4 News executive Laura Wilshaw as editor, succeeding Andrew Dagnell, who will become director of news and current affairs  —  Laura Wilshaw has been appointed as ITV News editor, succeeding Andrew Dagnell who is becoming ITV's director of news and current affairs.
Todd Spangler / Variety:
Adobe makes an additional $5M commitment to support underrepresented film and TV creators and filmmakers, on top of its $6M pledge in 2024  —  Company also donating $1 million toward L.A. wildfire relief  —  Software giant Adobe is making an additional $5 million commitment …
Alexandra S. Levine / Bloomberg:
MrBeast joins a US investor group led by Employer.com founder Jesse Tinsley that made an all-cash bid to acquire TikTok US; several groups have shown interest  —  - YouTube star is part of investor group run by Jesse Tinsley  — TikTok has less than three months to sell or face a US ban
RELATED:
Bloomberg:
Donald Trump says he would be open to Elon Musk or Larry Ellison purchasing TikTok US as part of a joint venture that would give the US government 50% ownership
 
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 More News: 
Jake Lahut / Columbia Journalism Review:
After years of the Biden press office keeping reporters away from the president, some White House reporters say they look forward to having more access to Trump
Lauren Feiner / The Verge:
Brendan Carr, author of Project 2025's FCC chapter, is now officially FCC chair; Olivia Trusty, a third GOP vote on the five-member agency, awaits Senate OK
 Earlier Picks: 
Aisha Malik / TechCrunch:
Meta says it will offer eligible TikTok creators free verification, content deals, and up to $5,000 in bonuses to post Reels
Marta Balaga / Variety:
Omdia: by the end of 2024, TikTok generated ~$8B in ad revenue in the US and $63.3B globally, and surpassed 1.9B MAUs globally, including 145M MAUs in the US
Discussion: Advanced Television
 

 
From Techmeme:

Ashley Gold / Axios:
New York Gov. Kathy Hochul signs the RAISE Act into law; the AI safety bill's text was modified earlier to more closely resemble California's SB 53

Beatrice Nolan / Fortune:
Cursor-developer Anysphere acquires code review startup Graphite and says Graphite will continue operating as an independent product

Andrej Karpathy / karpathy:
2025 LLM Year in Review: shift toward RLVR, Claude Code emerged as the first convincing example of an LLM agent, Nano Banana was paradigm shifting, and more

 
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