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7:25 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 …
RELATED:
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 …
RELATED:
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 …
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.
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.
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.
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.
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.
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 …
Discussion: Reuters and NextBigWhat
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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
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.
Reuters:
A Spanish court orders Meta to pay €479M to 87 Spanish digital media outlets for unfair competition practices and infringement of EU data protection regulations  —  A Spanish court has ordered that the multinational tech company Meta (META.O) pay 479 million euros ($552 million) …
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  —  Purpose of this report  —  Defector celebrated our fifth birthday in September 2025.  It is a great honor, and something of a burden …
 
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 More News: 
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
 Earlier Picks: 
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
Katherine Sayre / Wall Street Journal:
AI music platform Suno raised $250M led by Menlo Ventures at a $2.45B valuation, up from ~$500M in 2024, and says its annual revenue has reached $200M
Emine Sinmaz / The Guardian:
NYT says it will not renew Larry Summers' contract as a contributing writer for its Opinion section, after the publication of his emails with Jeffrey Epstein
 

 
From Techmeme:

The Information:
Sources: DeepSeek is developing its new AI model using several thousand Nvidia Blackwell chips, which were smuggled into China via third-party countries

Dylan Butts / CNBC:
Amazon plans to invest $35B+ in India's cloud and AI sector by 2030, adding to the nearly $40B it has invested in India, and expects to create 1M more jobs

Chance Miller / 9to5Mac:
The European Commission says Apple and Google's Android-iPhone data transfer tool, which will be available globally, is an example of the benefits of the DMA
 
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