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7:35 PM ET, February 6, 2025

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 Top News: 
Axios:
Email: the White House orders the GSA to terminate “every single media contract” expensed by the agency and all contracts for Politico, BBC, E&E, and Bloomberg  —  - The discovery, made through a U.S. government spending database that has long been publicly available …
RELATED:
Politico:
Politico's EIC and CEO say the company has never received any government funding, and agencies that subscribe to Politico Pro do so through standard processes  —  POLITICO has been the subject of debate on X this week.  Some of it has been misinformed, and some of it has been flat-out false.
Isabella Kwai / New York Times:
Trump amplifies a conspiracy theory that “billions” in USAID and other agencies' funds were stolen to pay Politico and others for positive coverage of Democrats  —  President Trump spread unfounded claims that the government had paid Politico and other news media outlets for positive coverage of Democrats.
David Folkenflik / NPR:
A look at Trump's assault on CBS, and more broadly, how he and allies seek to pressure the media to punish it and to inhibit its ability to check the president  —  The television news magazine 60 Minutes — the most storied and profitable show in the history of CBS News …
RELATED:
Brian Steinberg / Variety:
Trump calls on CBS to “terminate” 60 Minutes, and says “CBS should lose its license”, amid his $10B lawsuit against CBS over the Kamala Harris interview
Charlotte Klein / New York Magazine:
The Bulwark had its first profitable year in 2024, and its Substack, which has 76K paid subscribers, is gaining 700 to 1,000 paid subscribers every day or two  —  The explosive success of The Bulwark.  —  It was the day after Donald Trump's inauguration, and Tim Miller was struggling …
Todd Spangler / Variety:
Amazon reports Q4 ad revenue up 18% YoY to $17.29B, vs. $17.4B est., and subscription services revenue up 10% YoY to $11.51B  —  Overall earnings for the period smashed Wall Street expectations.  —  However, the Q4 ad revenue figure fell short of analyst expectations of $17.4 billion, per StreetAccount.
Charlotte Tobitt / Press Gazette:
News Corp says The Sun's global online audience fell from 143M monthly unique users in Dec. 2023 to 70M in Dec. 2024; NY Post fell 27% YoY to 90M in Dec. 2024  —  Sun global website traffic has halved in the space of a year.  —  News Corp estimates that The Sun's global online audience more than halved in a year to the end of 2024.
RELATED:
Mark Sweney / The Guardian:
The British Film Institute: UK broadcasters slashed their spending on high-end TV shows to the lowest level since 2015, while US streamers increased spending  —  Channel 4, Channel 5 and Sky also among UK broadcasters making cuts as Netflix, Disney and Amazon pile on pressure
RELATED:
Christopher Palmeri / Bloomberg:
A California state court issues a temporary restraining order stopping Sony from taking Jeopardy! and Wheel of Fortune distribution rights away from CBS  —  “The court's order has no bearing on, and is not indicative of, the eventual outcome of the ongoing litigation,” Sony said Thursday in a statement …
Financial Times:
Leaders in Russia, Hungary, and more applaud USAID's funding freeze affecting independent news outlets; the 2025 US foreign aid budget included $268M for media  —  Independent outlets in former Soviet Union are poised to be hurt by temporary shut down at key US agency
Discussion: HotAir, @amuse and Fox News
 
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 More News: 
Elsa Keslassy / Variety:
Streaming services are negotiating with French film guilds to reduce waiting period for new theatrical releases, following Disney+'s deal to shorten its window
Erik Hayden / The Hollywood Reporter:
Filing: Disney lowers its content spending estimate, including for sports rights, for FY 2025 by $1B to ~$23B; for FY 2024, Disney's content spend was $23.4B
Georg Szalai / The Hollywood Reporter:
Spotify and Warner Music sign a multi-year deal that covers recorded music and music publishing and “delivers new benefits for artists, songwriters, and fans”
Lucas Shaw / Bloomberg:
Warner Music buys a controlling stake in Tempo Music, which owns the song rights of Bruno Mars, Adele, and more; a source says the deal values Tempo at $450M
 Earlier Picks: 
Ernie Smith / Tedium:
WBD releases more than 30 movies on YouTube for free across five channels over the past month, apparently without DRM; some are gems, some are stinkers
Wall Street Journal:
Sources: OpenAI is expected to air its first TV ad during Sunday's Super Bowl; MediaRadar: AI companies spent $332M on ads in 2024, over double their 2023 spend
Todd Spangler / Variety:
Burnie Burns, a co-founder of online video pioneer Rooster Teeth, says his company, Box Canyon Productions, acquired the Rooster Teeth brand and assets from WBD
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities

Casey Newton / Platformer:
A look back at five years of Meta's Oversight Board, whose rulings on the relatively small number of cases it hears have generally had limited impact
 
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