Top News:
Todd Spangler / Variety:
YouTube TV says it has “reached a short term extension” to keep Paramount's content, including CBS and Nickelodeon, “as we work toward a deal” — YouTube TV and Paramount Global, still haggling over a new distribution deal, have reached a short-term extension …
Discussion:
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New York Times:
Court documents reveal the Murdochs' family succession drama in which Rupert Murdoch failed, so far, to lock in his media empire's right-wing bent — Part 1: ‘These companies are my legacy’ — In early December 2023, Rupert Murdoch flew into London to see his two oldest daughters, Prudence and Elisabeth.
Discussion:
The Atlantic, @sooneratty@threads.net, @jessicalessin, @jayrosen.bsky.social, @jeffjarvis, @emilybell.bsky.social, @jeffjarvis, @technologizer@threads.net, @katie_robertson, @tchristianmiller.bsky.social, @harrymccracken.com, Sydney Morning Herald, @edmundlee.bsky.social, @davidenrich.bsky.social, @nickfield.bsky.social, @timbays.bsky.social, @heathercherone.bsky.social and @stuartathompson.bsky.social
Mark Gurman / Bloomberg:
Apple and Google restore TikTok to their US app stores after its January 18 removal, following Trump admin assurances that a ban won't immediately be enforced — - Companies had removed the app to abide by US legislation — Trump signed executive order to delay a potential ban
Discussion:
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Wall Street Journal:
Sources: Melania Trump's cut of her $40M documentary licensing deal with Amazon is 70%+, and her agents are selling “sponsorships” for the film starting at $10M — First lady's documentary deal with Amazon, president's legal settlements and other transactions near $80 million so far; Trump library a major beneficiary
Discussion:
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Ashley Carman / Bloomberg:
A look at the rapid rise and fall of Talk Tuah, a podcast by “hawk tuah girl” Haliey Welch, showing how podcasting lets people cash in on viral internet fame — During the fourth quarter of 2024, Haliey Welch's show ranked No. 11 in the entire US — Hello, and welcome back to Soundbite.
Discussion:
Barrett Media
Amanda Meade / The Guardian:
Australia's ABC Chair Kim Williams calls News Corp's claims that the public broadcaster costs taxpayers more than Netflix “unbalanced and agenda-driven” — In strongly worded statement, Kim Williams says allegations in Murdoch-owned tabloids ‘do not stand up to scrutiny’
Discussion:
ABC, ABC, TV Blackbox and @simonrosenberg.bsky.social
Jill Goldsmith / Deadline:
The Paramount-Skydance merger receives approval from the US SEC, following the EU's nod earlier this week; the FCC's approval is still pending — Paramount Global moved a step closer to a deal, technically anyway, as the Securities and Exchange Commission made effective its registration statement outlining the transaction.
Discussion:
The Streamable, Associated Press and The Wrap
Jeremy Barr / Washington Post:
The White House blocked AP reporters from official events for the third day in a row, after the organization decided to keep using the name Gulf of Mexico — For the third day in a row, the White House barred an AP reporter from attending official events because the organization won't use the name Gulf of America.
Discussion:
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Joshua Benton / Nieman Lab:
Bloomberg, The New York Times, Reuters, The Washington Post, and other major US news outlets say they don't plan to switch completely to “Gulf of America”
Discussion:
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Caitlin Huston / The Hollywood Reporter:
AMC Networks posts Q4 revenue down 12% YoY to $599M, a $254M operating loss, subscription revenue down 4% to $314M, and 12.4M streaming subscribers by year-end — AMC Networks took a $268.7 million goodwill impairment charge on its domestic operations reporting unit.
Discussion:
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Sean Burch / The Wrap:
The Washington Post's national politics reporter Ben Terris is leaving to join New York Magazine as its Washington correspondent, replacing Olivia Nuzzi — The new Washington correspondent joins after Nuzzi's digital relationship with Robert F. Kennedy Jr. was made public in late 2024
Discussion:
Talking Biz News, @chaykak, @bterris and @henryporters
Ivan Mehta / TechCrunch:
Instagram is testing a dislike button for comments; Instagram will not show a dislike count and dislikes may eventually count toward ranking comments — After users noticed a new button on Instagram to downvote or dislike comments, the company confirmed that it is testing a way for users …
Scharon Harding / Ars Technica:
In an AMA, Steve Huffman says Reddit is planning to roll out paid subreddits in 2025 and is “laying the foundation” to monetize commerce within subreddits — Huffman previously showed interest in potentially introducing a new type of subreddit with “exclusive content or private areas” that Reddit users would pay to access.
Discussion:
@drahardja@sfba.social, The Register, CNBC and r/RDDT, more at Techmeme »
Kendra Barnett / Adweek:
Reddit says content licensing deals with Google and OpenAI account for ~10% of its revenue but it's focused on its ad revenue business, which grew 60% YoY in Q4 — Despite this new revenue, Reddit remains focused on its growing advertising business, its COO says
Discussion:
Bloomberg, @kendrabarnett.bsky.social, Kiplinger, MediaPost, The Information and Yahoo Finance, more at Techmeme »
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