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2:40 PM 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.
Stephanie Kirchgaessner / The Guardian:
WhatsApp says it disrupted a campaign in which 90 journalists and other members of civil society were targeted using spyware from Israel-based Paragon  —  Messaging app said it had ‘high confidence’ some users were targeted and ‘possibly compromised’ by Paragon Solutions spyware
Sharon Knolle / The Wrap:
Eric Reinhart, who wrote an op-ed for the LAT, says his lines highly critical of RFK Jr. were deleted and a misleading headline was added supporting RFK Jr.  —  A writer who penned an op-ed for the Los Angeles Times warning of the dangers of confirming Robert F. Kennedy Jr …
Brian Steinberg / Variety:
Chuck Todd is leaving NBC News after joining in 2007; in a memo, Chuck Todd said his podcast Chuck Toddcast would be “coming with me”  —  Chuck Todd, the former “Meet the Press” moderator, is leaving NBC News, he told colleagues in a memo issued Friday, a move he's making in order …
Daniel Thomas / Financial Times:
WBD and UK-based Cutting Edge Group strike a $1B+ deal to create a joint venture that will own and manage almost 100 years of film and television music  —  US company creates joint venture to own and manage almost 100 years of film and television music  —  Warner Bros Discovery has struck …
Alexander Lee / Digiday:
LinkedIn says short-form video is its fastest-growing content category, and total video viewership grew 36% YoY between October 30, 2024 and January 29, 2025  —  LinkedIn's ongoing efforts to woo video creators paid off in the past few months, according to new figures shared by the company.
Todd Spangler / Variety:
Adobe Chief Strategy Officer Scott Belsky leaves the company to join A24 film studio as a partner; he co-founded Behance, which Adobe acquired for $150M in 2012  —  Belsky is an entrepreneur, author and creator who in 2006 founded Behance, an online platform that is used by more than 50 million professionals …
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 …
Paul Sonne / New York Times:
Experts say the Kremlin's throttling of YouTube is driving Russians to state-controlled platforms; Google data shows Russian traffic to YouTube is down ~66% YoY  —  The Kremlin is trying to cripple YouTube in Russia, internet experts say, pushing some people to state-controlled domestic alternatives.
more at Techmeme »
Thomas Seal / Bloomberg:
Instagram and Facebook, which blocked news links in Canada, are hosting hundreds of scam ads pretending to be from news outlets ahead of Canadian elections  —  - Images of public figures and billionaire used in fake ads  — Bogus ads fuel foreign interference fear before election
Discussion: MobileSyrup
 
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 More News: 
Joe Flint / Wall Street Journal:
The estate of Superman co-creator Joseph Shuster files a lawsuit alleging DC Comics' rights to Superman expired in 2017 and 2021 in UK, Canada, other markets
Discussion: Reuters and Deadline
Dade Hayes / Deadline:
Charter lost 123,000 video subscribers in Q4 vs. a decline of 257,000 in Q4 2023, ending 2024 with 12.9M total video customers, down ~9% from the end of 2023
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%
 Earlier Picks: 
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
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
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
 

 
From Techmeme:

Saritha Rai / Bloomberg:
DeepSeek says its V3 and R1 models' cost of inferencing relative to sales during a 24-hour-period on February 28 put “theoretical” profit margins at 545%

Axios:
President Trump plans to speak at the first-ever White House Crypto Summit on March 7, to be chaired by David Sacks, amid a global sell-off in cryptocurrencies

Om Malik / On my Om:
Skype was an early harbinger of technology as culture, and its demise is a good lesson in how ineffective middle management can destroy good acquisitions
 
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