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 …
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Benjamin Mayo / 9to5Mac:
Netflix seems to be integrating with Apple's TV app on Apple TV 4K for the first time, as some US users are being prompted to connect their Netflix account — Apple and Netflix have seemingly managed to find some common ground and strike a partnership for integration in the Apple TV app.
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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
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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.
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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
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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:
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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.
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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”
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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:
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David Cohen / Adweek:
DoubleVerify announces steps to further prevent clients' ads from appearing on sites hosting CSAM, after Adalytics found major brands appearing on unsafe sites — The platform had added new exclusion categories and reached out to agencies dedicated to child safety
Discussion:
DoubleVerify, DoubleVerify, Ad Age and The Media Leader
Todd Spangler / Variety:
Roku reports Q4 revenue up 22% YoY to $1.2B, vs. $1.15B est., net loss down 55% YoY to $35.5M, and streaming households up 12% YoY to 89.8M; ROKU jumps 15%+ — Roku overdelivered for the fourth quarter of 2024, boosting revenue 22% and narrowing its net loss to top Wall Street expectations.
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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:
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The Indian Express:
JioStar, the joint venture that merged Viacom18 and Star India, launches JioHotstar, a streaming service in India offering JioCinema and Disney+ Hotstar content — Jio Cinema and Disney+ Hotstar have officially merged as JioHotstar, making it one of the biggest streaming platforms in India.
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:
Advanced Television, The Wrap, Variety, TVNewsCheck, Bloomberg, Media Play News, Streaming Better, Yahoo Finance, Deadline, Cord Cutters News and AMC Networks
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