Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
5:40 PM ET, December 5, 2025

Mediagazer

 Top News: 
Daniel Thomas / Financial Times:
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026  —  As part of the deal, WBD will continue with plan to spin off its cable television networks  —  Netflix has agreed an $83bn takeover …
RELATED:
Tony Maglio / The Hollywood Reporter:
Netflix says it “expects to maintain Warner Bros.' theatrical releases for films” but “the windows will evolve to be much more consumer friendly”  —  Now that that's settled...  Netflix just solidified itself as the leading entertainment company (and then some), and all it cost was $83 billion.
Chris Kerr / Game Developer:
WBD confirms that Warner Bros. Games will be acquired by Netflix along with its wider streaming and television business  —  A Warner Bros. spokesperson has confirmed the video game division will be acquired by Netflix alongside its wider streaming and television business.
Alex Sherman / CNBC:
Documents and source: WBD CEO David Zaslav's stock in WBD would be worth close to $660M if the Netflix deal closes  —  This isn't exactly what David Ellison had planned in September.  —  Just a few months ago, the Paramount Skydance CEO sent a letter to the Warner Bros. Discovery board …
Bloomberg:
Netflix secured $59B in bridge financing from Wells Fargo, BNP Paribas, and HSBC for its WBD bid, one of the largest loans of its kind; Wells' share is $29.5B  —  Netflix Inc. has lined up $59 billion of financing from Wall Street banks to help support its planned $72 billion acquisition …
Jody Godoy / Reuters:
Congressional Democrats and Republicans criticize the Netflix-WBD deal, saying it would raise streaming subscription prices and lessen workers' pay and control  —  Netflix (NFLX.O) pitched its $72 billion acquisition of Warner Bros Discovery's studios and streaming divisionas aligned …
Katie Campione / Deadline:
SAG-AFTRA puts off taking a position on the Netflix-WBD deal but says a deal benefiting its members “must result in more creation and more production, not less”  —  Instead, the guild says the potential transaction “raises many serious questions” that leadership expects to have answered.
Ted Johnson / Deadline:
A look at the uphill battle to win regulatory approval for Netflix's acquisition of WBD, and the roles of the US DOJ, EU regulators, and state attorneys general  —  Netflix co-CEO Ted Sarandos told investors on Friday that he was “highly confident in the regulatory process” …
Nicole Sperling / New York Times:
Netflix's WBD bid marks a striking strategy shift for a company long known for pivots, especially after years of avoiding full commitment to theatrical releases
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
Isabella Simonetti / Wall Street Journal:
Sources: Vanity Fair and Olivia Nuzzi have agreed to part ways following new allegations about her affair with RFK Jr. and her behavior while reporting on him  —  Nuzzi joined the magazine as an editor earlier this year  —  Vanity Fair and Olivia Nuzzi have agreed to part ways following …
Sara Fischer / Axios:
Meta strikes commercial AI data deals with news publishers, including CNN, Fox News, and The Daily Caller, to provide real-time answers in its Meta AI chatbot  —  Meta on Friday said it has struck several commercial AI data agreements with news publishers ranging from USA Today, People Inc. …
New York Times:
The New York Times sues Perplexity, claiming the AI startup violated its copyrights and kept using its content despite repeated demands over the past 18 months  —  IDEAS  —  Hannah Arendt Is Not Your Icon … Photo illustration by Ricardo Tomas  —  ADVERTISEMENT  —  LIVE
RELATED:
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
Alexandra Steigrad / New York Post:
Sources: Forbes has cut ties with dozens of contributing writers; one exec said Forbes needs to ensure the contributor model is “financially sound”  —  Forbes abruptly cut ties with dozens of contributing writers this week — sparking outrage and confusion among the rank and file …
Discussion: Talking Biz News
Liam Scott / Columbia Journalism Review:
A look at the First Amendment Watch's SLAPP Back Initiative, a US SLAPP tracker; in 2024, 69 of 500 cases involved the media, of which 46 were dismissed  —  As Donald Trump tests the limits of anti-press litigation, a new initiative aims to document the wave of nuisance suits.
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 5:40 PM ET, December 5, 2025.

View the current page or another snapshot:


 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
Tyler Falk / Current:
CPB announces $4.4M in grants to support rural radio and TV news services in Wisconsin, Ohio, Arkansas, Kansas, West Virginia, Tennessee, Michigan, and Iowa
Scott Roxborough / The Hollywood Reporter:
A European theater owners group says Netflix's Warner Bros. acquisition “represents a double risk” of fewer films being produced and getting theatrical releases
Foo Yun Chee / Reuters:
The EU fines X €120M for breaching online content rules, the first DSA fine, citing issues like its failure to publish an ad repository, after a two-year probe
 Earlier Picks: 
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
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
 

 
From Techmeme:

Wall Street Journal:
Sources: SpaceX is planning a secondary share sale that would value the company at $800B, surpassing OpenAI to make it the most valuable US private company

Rose Henderson / Bloomberg:
Cloudflare says it has fixed an issue that caused a 25 minute outage on Friday, following a major, hours-long outage last month

Echo Wang / Reuters:
Meta acquires Limitless, which makes a pendant-style AI wearable that records and transcribes real-world conversations; Limitless has raised more than $33M
 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page