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10:34 PM ET, December 4, 2025

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 Top News: 
CNBC:
Letter: Paramount expresses concern to WBD about the “fairness and adequacy” of the sales process, accusing WBD of favoring Netflix's offer  —  Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process.  —  In a letter reviewed by CNBC …
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Jane Fonda / The Ankler:
Jane Fonda warns that a WBD merger in any form is an alarming escalation in media consolidation, threatening the entertainment industry and the First Amendment  —  Jane Fonda is a two-time Oscar-winning actress, producer and activist.  She earlier appeared on The Rushfield Lunch to announce …
Wall Street Journal:
Sources: WBD is seeking another round of bids by Thursday's end and aims to finish the auction by year end; Netflix's bid is the highest so far, mostly cash  —  David Ellison's company turns up the heat with a pair of letters as suitors prepare fresh bids.
The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate  —  Ireland, Spain, Slovenia and the Netherlands pull out after decision not to hold vote on Israel's participation
James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal  —  - CNBC is partnering with prediction site Kalshi to integrate its data, starting in 2026.  — Kalshi and Polymarket …
Erik Wemple / New York Times:
The NYT sues the Pentagon in Washington, DC, arguing that the US DOD's new reporting restrictions infringed on its journalists' constitutional rights  —  The company said in a lawsuit that the Defense Department's new reporting restrictions infringed on the constitutional rights of journalists.
Alex Weprin / The Hollywood Reporter:
CBS Evening News co-anchor Maurice DuBois will exit CBS News on December 18, as EIC Bari Weiss and President Tom Cibrowski overhaul the evening newscast  —  DuBois follows his co-anchor John Dickerson, who will leave CBS at the end of the year.  —  CBS Evening News co-anchor Maurice DuBois …
Sara Fischer / Axios:
MS NOW, formerly MSNBC, plans to launch membership subscriptions in the summer of 2026, offering events, curated insights, and moderated community spaces  —  MS NOW, formerly MSNBC, plans to launch a membership-based, direct-to-consumer product next summer, the network's president Rebecca Kutler plans …
Max Tani / Semafor:
Sources: Atlas Obscura's co-founders were pushed out of the company amid clashes with CEO Louise Story, who has trimmed staff and changed editorial strategy  —  The Scoop  —  Several months into Louise Story's tenure as CEO of Atlas Obscura, co-founders Joshua Foer and Dylan Thuras seemed pleased enough …
Mark Stenberg / Adweek:
Bloomberg Media COO Julia Beizer is leaving the company, a source says to lead Microsoft's AI news product, working under Microsoft AI CEO Mustafa Suleyman  —  The longtime media veteran will work under Microsoft AI CEO Mustafa Suleyman  —  The chief operating officer of Bloomberg Media …
Robert Channick / Chicago Tribune:
The Chicago Tribune sues Perplexity for copyright infringement, alleging Perplexity's platforms lift Tribune content verbatim and divert traffic from the paper  —  The Chicago Tribune filed a copyright infringement lawsuit Thursday in New York federal court against Perplexity AI …
Blake Brittain / Reuters:
A US federal judge rules that OpenAI must produce 20M anonymized ChatGPT chat logs in the copyright lawsuit brought by The New York Times and other news outlets  —  OpenAI must produce millions of anonymized chat logs from ChatGPT users in its high-stakes copyright dispute with the New York Times …
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Harmeet Kaur / CNN:
Olivia Nuzzi's book American Canto is seeing slow initial sales, with the hardcover edition ranked No. 6,709 on Amazon's bestseller list as of early December 3
Madison Malone Kircher / New York Times:
Spotify Wrapped's Listening Ages sparks widespread social media discussion and follows in Spotify's tradition of issuing gimmicky, loosely data-backed offerings  —  The wrinkle in this year's Spotify Wrapped release was an estimate of the user's “listening age.”  Some wore it like a badge of honor.
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Sarah Perez / TechCrunch:
Spotify releases Wrapped 2025, which adds features like Wrapped Party, its first live interactive experience, Top Song Quiz, Listening Age, and Wrapped Clubs
 
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 More News: 
Wendy Davis / MediaPost:
The New York Times, AP, RCFP, and other media organizations back an effort to block a new Texas law requiring app stores to verify users' ages
Sara Fischer / Axios:
Thanksgiving NFL games averaged nearly 45M viewers each, up from 34.5M in 2024, driven by enhanced Nielsen measurement; streaming averaged 2.2M viewers, up 58%
Mark Stenberg / Adweek:
Condé Nast licenses its content for use across Microsoft Copilot experiences and hires Vasanth Williams as its new chief product and technology officer
 Earlier Picks: 
Democracy for Sale:
Ex-Tory MP Ben Howlett says he paid £100 for a 50% stake in influential X account PoliticsUK, which he used for posts that aligned with his clients' interests
Charlotte Tobitt / Press Gazette:
Future reports revenue down 6% YoY to £739.2M in the year to September 30, pre-tax profit down 11% to £91.9M; CEO Kevin Li Ying wants to cut its Google reliance
Discussion: The Times
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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