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1:15 AM ET, January 31, 2025

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 Top News: 
New York Times:
Sources: Paramount is in talks with Donald Trump to settle his $10B 60 Minutes lawsuit, believing a deal would persuade Trump to not block its planned merger  —  A settlement, if reached, would be an extraordinary concession by a major U.S. media company to a sitting president.
New York Times:
FCC Chairman Brendan Carr told CEOs of NPR and PBS that he had ordered a probe into whether member stations are airing commercial ads when they air sponsorships  —  Brendan Carr, the chairman of the Federal Communications Commission, said the inquiry could help Congress decide whether to continue funding local stations.
CNBC:
Apple Services revenue reached an all-time high of $26.34B in Q1, up 14% YoY, beating estimates and helping lift the company's gross margin to a record 46.9%  —  Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business.
Tess Patton / The Wrap:
Over 25 streaming partners including Disney+, Apple TV+, Netflix, and Prime Video simulcasted the FireAid fundraiser for Los Angeles, bypassing linear TV  —  Over 25 streaming partners will simulcast a mammoth five-and-a-half-hour FireAid benefit concert on Thursday to fundraise …
Wall Street Journal:
Sources: Amazon is ramping up ad spending on X, as companies re-evaluate their stances in a changing political climate; source: Apple considers a return to X  —  Shift occurs after many brands cut advertising on the platform over hate-speech concerns; Apple considers a return to site
Reuters:
Sources: ITV has been holding early talks with Abu Dhabi-backed RedBird IMI about a potential merger of their production businesses, ITV Studios and All3Media  —  British broadcaster ITV (ITV.L) has been holding early-stage talks with Abu Dhabi-backed group RedBird IMI about a possible merger …
Discussion: Variety, Yahoo Finance and Deadline
Lillian Rizzo / CNBC:
Comcast reports Q4 revenue up 2% YoY to $31.92B and media revenue, including its TV networks, up 3.5% to $7.22B; Comcast lost 311K cable TV customers  —  Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
RELATED:
Georg Szalai / The Hollywood Reporter:
Comcast reports Peacock's Q4 losses fell to $372M from an $825M loss in Q4 2023 and revenue rose 28% YoY to $1.3B; subscribers stood at 36M, unchanged from Q3
Dade Hayes / Deadline:
SiriusXM reports Q4 revenue down 4% YoY to $2.19B, vs. $2.17B est., FY 2024 self-pay subscribers down by 296K, and 33M total subscribers at the end of 2024  —  SiriusXM, which has been trimming staff and regrouping in several areas in a bid to reverse subscriber losses, reported better-than-expected results in the fourth quarter.
Todd Bishop / GeekWire:
Amazon sues Washington state to limit the release of public records to The Washington Post about Jeff Bezos' Amazon Project Kuiper satellite facility in Seattle  —  In-depth Amazon coverage from the tech giant's hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more.
Kelsey Warner / Semafor:
Abu Dhabi's English-language newspaper The National laid off 28 journalists; sources: cuts included employees on the multimedia, digital, and foreign desks  —  The Scoop  —  Abu Dhabi's The National laid off 28 journalists Thursday, a spokesperson confirmed, amid a restructuring of the English-language publication.
Helen Corbett / The Independent:
A Russian court issues an arrest warrant for Jerome Starkey, defense editor at the UK's Sun, for entering Russia from Ukraine; Downing Street condemns the move  —  The Kursk regional court accused Jerome Starkey of illegally crossing the border into Russia.  —  Your support helps us to tell the story
Discussion: News UK and The Sun
Alex Weprin / The Hollywood Reporter:
Amazon hikes prices of Amazon Music Unlimited for Prime and non-Prime members by $1 to $10.99 and $11.99 per month, and Unlimited Family Plan by $3 to $19.99  —  The higher prices come just a few months after market leader Spotify adjusted subscription prices of its own.
 
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 More News: 
Aisha Malik / TechCrunch:
Threads adds a dedicated media tab globally for photos and video, days after X and Bluesky added video tabs, and will let users tag people in photos
 Earlier Picks: 
Jess Weatherbed / The Verge:
The Authors Guild launches a project for writers to certify their books as human-authored and not AI generated, initially for members and single-author books
Yasmin Rufo / BBC:
The BBC apologizes to staff after an internal review found employees felt unable to raise concerns about Russell Brand's misconduct during his tenure at BBC
Kurt Wagner / Bloomberg:
Court filing: Elon Musk, seeking to dismiss Don Lemon's lawsuit, blames an “invasive and charged interview” for canceling Lemon's $1.5M partnership with X
NewsGuard's Reality Check:
NewsGuard: with news-related prompts, DeepSeek's chatbot repeated false claims 30% of the time and provided non-answers 53% of the time, giving an 83% fail rate