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2:00 AM ET, December 8, 2025

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 Top News: 
Lucas Shaw / Bloomberg:
Sources: Ted Sarandos met with President Trump in November, and both agreed WBD should go to the highest bidder; Sarandos argued that Netflix wasn't a monopoly  —  Netflix Inc. co-Chief Executive Officer Ted Sarandos ventured to the White House in mid-November for a meeting with President Donald Trump.
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Bloomberg:
President Trump says Netflix's planned acquisition of WBD will have “to go through a process” and he will be personally involved in the decision-making process  —  President Donald Trump said Netflix Inc.'s planned acquisition of Warner Bros. Discovery Inc. will require a review …
Joe Flint / Wall Street Journal:
WBD CEO David Zaslav, criticized for cutting costs, scrapping movies, and laying off thousands, may end up having the last laugh thanks to the Netflix-WBD deal  —  Long Hollywood's punching bag, the CEO is shaking up the industry with a blockbuster deal  —  David Zaslav is finally having his moment.
Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4  —  Old-guard Hollywood underestimated streaming pioneer that has upended the industry over two decades
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 …
Variety:
The WGA, which routinely opposes media mergers, says the Netflix-WBD deal must be blocked, and the Producers and Directors guilds express concern over the deal
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
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
John Koblin / New York Times:
The Netflix-WBD deal should quiet concerns, for now, from CNN employees worried about the prospect of Paramount combining CBS News and CNN in a WBD acquisition  —  The prospect of Paramount's buying Warner Bros. Discovery had led CNN journalists to wonder if the channel may be combined with CBS News.
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Oliver Darcy / Status:
Sources: David Ellison's interference in WBD's failed summer talks to extend HBO Max's South Park licensing deal left David Zaslav distrustful of Ellison  —  Over the summer, David Zaslav was deep in negotiations with Paramount over “South Park,” hoping to extend HBO Max's licensing deal for the popular program.
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
Kat Tenbarge / Wired:
Some Reddit moderators say a surge of AI slop on the site is eroding its authenticity and could lead to a feedback loop of AI models training on AI content  —  Reddit is considered one of the most human spaces left on the internet, but mods and users are overwhelmed with slop posts in the most popular subreddits.
Dominic-Madori Davis / TechCrunch:
A look at Hamlet, a startup that uses AI to process local government meeting videos and which plans to provide the tool to local journalists for free  —  The launch of Hamlet was quite personal for Sunil Rajaraman.  —  Back in 2022, he ran for city council in a small California town.
Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.  —  Nuzzi joined the magazine as an editor earlier this year  —  Vanity Fair and Olivia Nuzzi have agreed to part ways following …
Pamela McClintock / The Hollywood Reporter:
A look at Paramount's culture shift under David Ellison, where the focus is on male-driven action movies, and not on prestige films seen as critics' darlings  —  It's a brand-new day at the legacy studio, where prestige films are out, testosterone-heavy tentpoles are in and Brett Ratner is back on the call sheet.
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.
RELATED:
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”
 
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Humeyra Pamuk / Reuters:
The Trump administration orders enhanced vetting of H-1B applicants and their families for past work in “censorship”, including fact-checking and online safety
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