Top News:


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 …
Discussion:
The Dispatch, Mediaite, CBS News, @marcacaputo, @liz_wheeler, @firstadopter, RedState, @kagrox.bsky.social, @asymmetricinfo, @nytimespr, @lawrencehurley.bsky.social, @hallijayne.bsky.social, The Post Millennial, @doge, @brianstelter, @barbarasobel.bsky.social, @mjnblack, @apbioonly, @nkLottery@shakedown.social and The Gateway Pundit
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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.
Discussion:
Rolling Stone, New York Times, CNN, Associated Press, @bresreports, @politico, @ewerickson, Twitchy, The Hill, @brianstelter, HotAir, @suellentrop.bsky.social, The Post Millennial, @w7voa.journa.host.ap.brid.gy, @natsfert, Beth Diaz on LinkedIn, @adamwren, @stevenoverly, @timbays.bsky.social, MeidasTouch News, @zachary, @jimgeraghty, @zachschermele, @joanwalsh, Fox News and Axios


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.
Discussion:
CNN, Townhall, @realDonaldTrump …, Raw Story, RedState, Breitbart, Washington Post, The Wrap, @rubinreport, @armanddoma, @billackman, @elonmusk, @parkermolloy.com, @cabot_phillips, @jason, Daily Kos, The Guardian, Blaze Media, Hollywood Life, @mehdirhasan, @billybinion, @sanleekelly.bsky.social, @lhfang, @cheetah.bsky.social, @stuartathompson.bsky.social, New Jersey Online, DNyuz, @krassenstein, @nancyscola, @elonmusk, @ryangrim, The Independent, @ike_saul, @rikkiratliff, @mtaibbi, OpenTheBooks, @peterschiff, @armanddoma, @brianstelter, @jeremymbarr, @stuartathompson.bsky.social, @willsommer.bsky.social, Althouse, Newser, freebeacon.com and Digby's Hullabaloo


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.

News Corp reports Q2 revenue up 5% YoY to $2.24B, net income up 58% YoY to $306M, Dow Jones revenue up 3% YoY to $600M, and WSJ subscriptions up 4% YoY to 4.2M — The news giant lost 30,000 WSJ customers during the holiday quarter as overall Dow Jones subscriber growth was flat
Discussion:
New York Post, Capital Brief and News Corporation
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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 — President Donald Trump called on CBS to cancel its long-running newsmagazine, “60 Minutes,” …
Discussion:
The Guardian, @realDonaldTrump …, New York Post, TVNewsCheck, Daily Caller News Foundation, DNyuz, Megyn Kelly, @robowentv.bsky.social, Boing Boing, The Daily Beast, Mediaite, Blaze Media, @mherskovitz, The Wrap, Twitchy, RedState, Louder With Crowder, Reason, @aidnmclaughlin, Daily Mail, @mergerson.bsky.social, New Republic, @willharrisinva.bsky.social, Townhall, Fox News, Axios, The Daily Wire, freebeacon.com, Washington Examiner, Associated Press, Los Angeles Times, The Hollywood Reporter and The Gateway Pundit
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The Canadian government will let its agencies advertise on Meta platforms; it imposed a ban in 2023 after Meta pulled Canadian news from its platforms — OTTAWA — The Canadian government has ended its ban on advertising on Meta platforms and allocated up to $100,000 for a campaign to promote the GST rebate, CTV News has learned.

France condemns Russia for revoking accreditation of a Moscow-based Le Monde journalist in retaliation for Paris' refusal to issue a visa to a Russian reporter — France condemns the Russian decision to revoke accreditation for a Le Monde journalist, a spokesman for the French foreign ministry said on Thursday.
Discussion:
Le Monde, The Straits Times, The Insider, The Moscow Times, European Federation … and Le Monde


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” — “This major agreement delivers new benefits for artists, songwriters, and fans, while unlocking further collaboration that expands the music ecosystem.”
Discussion:
Warner Music Group Corp., Variety, Bloomberg, Reuters, The Verge, MusicRow.com, TechCrunch, Deadline, The Wrap, Digital Music News, Billboard, Music Week and Music Business Worldwide


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 …
Discussion:
Variety, TVNewsCheck, Los Angeles Times, Cord Cutters News, The Wrap, Deadline, The Hollywood Reporter and NewscastStudio


Meta hires Henry Rodgers, chief national correspondent at The Daily Caller, to help the company shape its public policy; Rodgers has covered Trump closely — Mark Zuckerberg has hired Henry Rodgers to help the company shape its “public policy” — Meta has hired Henry Rodgers …
Discussion:
TechCrunch, @henryrodgersdc, Bloomberg and @mikeisaac


Le Monde ends 2024 with 660K subscribers, of which 580K were digital, and expects digital subscriber revenue to cover editorial staff costs within two years — Digital subscriber revenue is expected to cover the costs of Le Monde's entire editorial staff within the next two years, according to chief executive Louis Dreyfus.
Discussion:
@pressgazette.co.uk, Charlotte Tobitt on LinkedIn and @polemicdigital.com


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 …


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
Discussion:
WORLD SCREEN, @debbiemoon.bsky.social, Deadline and @philralph.bsky.social
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StackCommerce, an online shopping platform creating affiliate marketing content, acquired Reviewed from Gannett on December 1 after its shutdown in August 2024 — Now, it's back from the dead under a new owner. … Now, it's back from the dead under a new owner.
Discussion:
The Information, @miasato.bsky.social and @chillburg.bsky.social