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9:40 AM ET, December 2, 2025

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 Top News: 
Bloomberg:
Sources: Netflix files a new bid for Warner Bros. Discovery that is mostly cash, and is working on a bridge loan that totals tens of billions of dollars  —  Warner Bros. Discovery Inc. was fielding a second round of bids on Monday, including a mostly cash offer from Netflix Inc. …
Jess Weatherbed / The Verge:
YouTube launches Recap, which lets users review their most notable video habits over the past year, in the US, ahead of a global rollout next week  —  The new annual insights feature lets you review your top channels, interests, and other viewing habits.
Georg Szalai / The Hollywood Reporter:
Luma AI opens its first international office in London and appoints former WPP and Monks executive Jason Day to lead its global expansion outside the US  —  Putting multimodal artificial generative intelligence (AGI) into “the hands of creative professionals around the world - be they marketers …
Ben Jiang / South China Morning Post:
Chinese short-video company Kuaishou launches Kling Video O1, saying it is the first multimodal AI model to unify video generation, editing, and post-production  —  Kuaishou expects the new model's abilities to drive its adoption by filmmakers, production studios, advertisers and influencers
Blake Brittain / Reuters:
The US Supreme Court hears arguments in a copyright case between ISP Cox Communications and record labels; labels say Cox should be liable for user infringement  —  U.S. Supreme Court justices on Monday grappled with a bid by Cox Communications to avoid financial liability …
Adamya Sharma / Android Authority:
Netflix quietly removes support for casting from its mobile app to most modern TVs and streaming devices, including Chromecasts, regardless of subscription tier  —  Netflix will no longer support casting from your mobile to most TVs and streaming devices, regardless of the plan you're on.  —  •
David Bauder / Associated Press:
A survey by the News Literacy Project of US 13- to 18-year-olds shows 84% use negative words including “boring”, “fake”, or “biased” to describe news media  —  Cat Murphy, a college student, has wanted to be a journalist since she was 11.  Many of her friends don't understand why.
Adweek:
Omnicom announces a restructuring following its $13.5B acquisition of IPG, including plans to cut ~4,000 jobs globally  —  BBDO, TBWA, and McCann emerge as the three global creative networks in post-IPG overhaul  —  Omnicom has announced its new structure and leadership team on the heels …
Dominic Patten / Deadline:
 
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 More News: 
NBC News:
A Florida jury awards Megan Thee Stallion $75K in her defamation suit accusing blogger Milagro Gramz of being a “puppet” for Tory Lanez, who shot Megan in 2020
Jack Dunn / Variety:
James Cameron says the idea that generative AI can “make up a character” and a performance can be generated “from scratch with a text prompt” is “horrifying”
Andrew Deck / Nieman Lab:
In a November 24 ruling, an arbitrator found Politico violated key safeguards for AI adoption that was negotiated into a contract with unionized journalists
 Earlier Picks: 
Scott Nover / Washington Post:
The Pentagon hosted right-wing media outlets and influencers like Gateway Pundit and Laura Loomer at an in-person meet-and-greet on Monday
City A.M.:
Source: Steven Bartlett, the UK entrepreneur who hosts the Diary of a CEO podcast, plans to launch Founded.com in December to cover UK and US tech companies
Rebecca Rubin / Variety:
Disney's Zootopia 2 hits $556M in sales in its global debut, the fourth-highest debut of all time, including $272M in China, the sixth-largest start of all time