Top News:
Lucas Shaw / Bloomberg:
Source: WBD plans to require potential bidders to sign NDAs before it shares sensitive financial data; sources: Amazon and Apple have shown interest — Warner Bros. Discovery Inc. expects to begin asking would-be bidders for the film and TV giant to sign nondisclosure agreements as early this week …
Discussion:
Variety, CNBC, Daily Mail, Watcher Guru, Al Jazeera, NDTV Profit, Australian Financial Review, UPI and New York Times
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New York Times:
In a letter, David Ellison told the WBD board that Paramount was WBD's only viable suitor, as offers from bigger companies would invite regulatory scrutiny — A letter from Paramount's chief executive, David Ellison, to Warner Bros.' board of directors reveals weeks of talks between the two companies.
Discussion:
The Wrap, Mediaweek, New York Post, Puck, @laurenshirsch, @brianstelter, Motley Fool, Deadline, TheStreet, The Streamable, Straight Arrow News, Euronews, Times of India, RTÉ, CNN, Reuters, Bloomberg, Benzinga, The Hollywood Reporter, IndieWire, Telegraph, Sports Business Journal, Sportico, TV Tech, Adweek, Washington Post, C21Media, Business Insider, Yahoo Finance, The Information and Chicago Tribune
Charles Gasparino / New York Post:
Sources: WBD has rejected a $24-per-share takeover bid from Paramount Skydance, and people inside WBD expect a fourth bid from David Ellison imminently
Sources: WBD has rejected a $24-per-share takeover bid from Paramount Skydance, and people inside WBD expect a fourth bid from David Ellison imminently
Discussion:
The Ankler, MediaPost, The Wrap, TVNewsCheck, France 24, Sherwood News, Fast Company, Yahoo Finance, Business Insider and CNBC
Washington Post:
The Pentagon unveils a “new media” press corps, largely from right-wing outlets like Gateway Pundit, with 60+ people signing its new restrictive press policy — A new crop of conservative media and influencers — including the Gateway Pundit, the Post Millennial …
Discussion:
New York Times, Mediaite, @natashabertrand, Talking Points Memo, The Hill, Axios, WKYC-TV, The Wrap, @vanhollen.senate.gov, The Guardian, Raw Story, The Independent, Politico, Deadline, New Republic, @rieckhoff.bsky.social, @urocklive1.bsky.social, @jonrauch.bsky.social, @joffirphd.bsky.social, @5gw.bsky.social, @hannahgais.bsky.social, @scottnover.bsky.social, @rieckhoff.bsky.social, @bstarrreports, @samlitzinger.bsky.social, @saltyeng_, NextDraft, @valerieinsinna, @tpostmillennial, NOTUS, @jm_szuba, @kenbensinger, @rieckhoff.bsky.social, @huffpost.com, The Gateway Pundit, @seanparnellasw, @itsthomant, @shashj, @terigoodson.bsky.social, @briantylercohen.bsky.social, @wajali.bsky.social, The National Pulse, @malshelbourne, @danlamothe.bsky.social, @orderforalex.bsky.social, @malshelbourne, @billybinion, @dowresponse, @realamvoice and @defensebaron
Olivia Le Poidevin / Reuters:
EBU/BBC study: 45% of responses from top AI assistants misrepresented news content with at least one significant issue and 31% showed serious sourcing problems — - Research finds AI assistants make errors reporting news — Public trust could be eroded, EBU official says
Discussion:
BBC, Nigel Smart on LinkedIn, @ApostateEnglishman …, Computerworld, @marynelson8@mstdn.social, @jameshowell@fediscience.org, @loleg@hachyderm.io, @metacurity.com, @KevinMarks@xoxo.zone, @tdp_org@mastodon.social, @briankrebs@infosec.exchange, Search Engine Journal, Implicator.ai, Forbes, WinBuzzer, Al Jazeera, NPR and Deutsche Welle, more at Techmeme »
Mike Isaac / New York Times:
Reddit files a lawsuit against Perplexity, SerpApi, and two other data scraping companies, accusing them of unlawfully scraping Google for Reddit data — In a lawsuit, Reddit pulled back the curtain on an ecosystem of start-ups that scrape Google's search results and resell the information to data-hungry A.I. companies.
Discussion:
The Wrap, MediaPost, Reuters, Blockonomi, Engadget, The A.V. Club, Adweek, Associated Press, The Register, Benzinga, Financial Times, The Verge, @grahamstarr, @jbillinson, The Economic Times, @glenngabe, The Information, Bloomberg, @mikeisaac, PYMNTS.com, @mikeisaac, Business Insider, Axios, Search Engine Land, @zerohedge and @rustybrick, more at Techmeme »
Alice Brooker / Press Gazette:
The Guardian executive Liz Wynn says the publisher is “becoming less dependent on page views day to day” and focusing on marketing messaging to generate revenue — The Guardian is generating some of its best revenue during days of lower traffic to its site.
Órla Ryan / The Irish Times:
Meta removes an AI video designed to look like RTÉ news bulletin that falsely showed Irish presidential candidate Catherine Connolly withdrawing from the race — Deepfake video designed to look like RTÉ news bulletin was viewed almost 30,000 times
Discussion:
PBS NewsHour, @carahuntermla, @clearpreso, @matthewgmull, TheJournal.ie, @aidanosullivan.bsky.social, @matthewtaylorni, Politico, @phoenixredtail, @joenoonan.bsky.social, @techbuzzinfo, @tadghmcn, @whytebarry, Irish Independent, @cormacpro, @lukeacorkery, @brianod_news, @briki, @adrianweckler, @karlwduncan, @faduda.bsky.social, @dllambo, @adrianweckler, @knowtheory.net, @sinead_ryan, waterford-news.ie, @antrophe, Caitlín Niamh Otway on LinkedIn, @faduda@mastodon.ie, Irish Examiner, @tiocfaidharla66, @downeytrev, RTÉ, @emmet.quiddity.ie, @cianodonnell.bsky.social, BreakingNews and WBUR, more at Techmeme »
Josh Russell / Courthouse News Service:
Michael Wolff sues Melania Trump in a NY court to try to stop her from suing him over his claims about Melania and Donald Trump's ties to Jeffrey Epstein — The “Fire and Fury” author says he looks forward to subpoenaing President Donald Trump and First Lady Melania Trump as part of discovery in his civil defamation suit.
Ann Gehan / The Information:
TikTok pushes merchants to use a new ad-buying tool that promotes videos linking to TikTok Shop rather than merchants' own sites, frustrating some merchants — As TikTok readies itself for the expected sale of its U.S. business to a new venture controlled by American investors …
Charles Pulliam-Moore / The Verge:
Perkins Miller, CEO of Fandom, which acquired TV Guide, GameSpot, Metacritic, and other outlets in 2022, has left the company and is now PlayOn Sports' new CEO — Perkins Miller oversaw Fandom's layoff-filled acquisitions of TV Guide, Metacritic, GameSpot, and Giant Bomb.
Discussion:
PR Newswire
Diana Pearl / The Business of Fashion:
ShopMy, which lets brands run influencer marketing efforts, raised $70M led by Avenir at a $1.5B valuation, up from ~$410M when it raised $77.5M in March 2024 — The fast-growing creator monetisation business raised $70 million in a funding round that included heavyweight Silicon Valley investors …
Sara Fischer / Axios:
Taboola and Paramount Skydance launch a CTV product called Performance Multiplier, aiming to extend the reach of Paramount's small and medium-sized ad partners — Taboola, the publicly traded ad tech giant, is partnering with Paramount Skydance to create a new product, called …
Discussion:
Steve Ellis on LinkedIn and Adam Singolda on LinkedIn
