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8:10 AM ET, November 20, 2025

Mediagazer

 Top News: 
Bloomberg:
Sources: Netflix has told WBD management that it will honor WBD's contractual agreements to release movies in theaters if it's successful in buying the company  —  Netflix Inc. has told management of Warner Bros. Discovery Inc. that it will keep releasing the studio's films in theaters …
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Hugo Lowell / The Guardian:
Sources: a White House official discussed cutting CNN hosts that President Trump loathes, with Larry Ellison and running CBS assets like 60 Minutes on CNN  —  Senior officials indicated favorability toward Paramount Skydance to acquire Warner Bros Discovery
Ted Johnson / Deadline:
The White House sends out a press release calling ABC News “a Democrat spin operation masquerading as a broadcast network” and cataloging perceived offenses  —  A day after President Donald Trump blew up at ABC News correspondent Mary Bruce and called for the network to lose …
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Reuters:
The FCC opens a review of agreements between national networks and local TV stations, including about rules controlling how stations preempt network programs  —  - FCC reviews network-affiliate agreements after Trump's ABC license comments  — FCC to ask whether national broadcasters …
Nicholas Hune-Brown / The Local:
How a freelancer's suspicious pitch led an editor to dig into past work, finding inconsistencies and falsehoods, as tech makes falsifying writing trivially easy  —  A suspicious pitch from a freelancer led editor Nicholas Hune-Brown to dig into their past work.
Andrew Deck / Nieman Lab:
All four reporters at Suncoast Searchlight, a nonprofit news site, accused their EIC of using generative AI tools without disclosure; one reporter was fired  —  Suncoast Searchlight's four reporters told the board their editor-in-chief was using AI editing tools and inserting hallucinations into drafts.
Paul Roberts / Seattle Times:
Seattle Times Publisher Frank Blethen plans to step down December 31 after four decades, to be succeeded by his son, Ryan Blethen; Alan Fisco will become CEO  —  Ryan Blethen will serve as the next publisher of The Seattle Times, the daily newspaper his great-great grandfather founded in 1896, the company announced Wednesday.
Andrew Marchand / The Athletic:
MLB finalizes deals with NBC/Peacock, Netflix, and ESPN; sources: NBC/Peacock pays ~$200M/year, Netflix pays $50M/season, ESPN maintains $1.65B over three years  —  Major League Baseball announced its new TV deals with NBC, Netflix and ESPN on Wednesday, restructuring its broadcast future.
Lucas Shaw / Bloomberg:
Sources: UMG, WMG, and Sony Music have licensed their works to Klay, which is building a streaming service that will let users remake songs using AI tools  —  The world's largest music companies have licensed their works to a music startup called Klay, which is building a streaming service …
RELATED:
Anna Nicolaou / Financial Times:
Sources: Warner Music settles its suit with AI startup Udio, which is planning a service that lets users create songs from licensed tracks of artists who opt-in
Letterboxd:
Letterboxd plans to launch the Letterboxd Video Store, a curated rental platform with undistributed festival standouts, restorations, and more, in December 2025  —  Coming in early December: Letterboxd Video Store, our latest feature to get you adding films to your watchlist and, crucially, checking them off.
The Japan Times:
A Japanese court orders Cloudflare to pay a ~$3.2M fine to four major Japanese publishers for its role in hosting servers for manga piracy sites  —  The Tokyo District Court on Wednesday ordered Cloudflare to pay ¥500 million ($3.2 million) to major Japanese publishers after the U.S. firm …
Todd Spangler / Variety:
Amazon launches a Video Recaps feature on Prime Video that uses AI to summarize a show's key plot points with snippets and music, available in beta for US users  —  Feature debuts after streamer introduced text-based AI recaps last year … Now Amazon is using AI to add sight, sound and motion to the mix.
 
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 More News: 
Defector:
Defector reports Year 5 revenue up 1% YoY to $4.65M, including $3.8M from subscriptions; all 19 original co-founders continue to work at the worker-owned outlet
Rachel Behrndt / WFAA-TV:
Hearst plans to lay off 26 people at The Dallas Morning News, outsourcing print page production; the Dallas News Guild says the action violates its contract
 Earlier Picks: 
Vaibhavi Khanwalkar / The Economic Times:
AI video startup Luma AI raised a $900M Series C led by Humain, sources say at a ~$4B valuation, and partners with Humain on a 2GW AI cluster in Saudi Arabia
Colby Hall / Mediaite:
The Olivia Nuzzi comeback shows everything that is wrong with modern media, where personal branding, access trading, and controversy trump credibility
Emma Roth / The Verge:
A US federal judge denies Disney's request to block Sling TV's one-day pass that allows streaming of live content, saying Disney didn't prove “irreparable harm”
Steven J. Horowitz / Variety:
Spotify expands Song Credits to include all contributors to a track, like engineers and mixers, and launches SongDNA, a map showing connections between songs
Dominic Ponsford / Press Gazette:
Bloomberg Media says it has added 100K+ subscribers over the past year and is nearing 700K paying readers and viewers, and reports revenue up 7% YoY in 2025
 

 
From Techmeme:

Will Knight / Wired:
Anthropic, OpenAI, Block, Google, AWS, Microsoft, and others launch the Agentic AI Foundation to build open-source agent standards under the Linux Foundation

Bloomberg:
Sources: SpaceX plans an IPO in mid-to-late 2026, seeking to raise far above $30B and targeting a ~$1.5T valuation, potentially making it the largest IPO ever

Ben Casselman / New York Times:
Study: ~200 Instacart shoppers across four cities saw different prices for the same item from the same store at the same time; Instacart says it's running tests
 
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