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3:00 AM ET, December 9, 2025

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 Top News: 
Wall Street Journal:
Sources: after the Netflix-WBD deal was announced, Larry Ellison called President Trump about how the transaction would hurt competition  —  David Ellison has launched a hostile takeover bid for Warner Discovery, taking his case directly to shareholders after Netflix clinched a deal
RELATED:
CNBC:
Paramount launches a hostile bid to acquire WBD, offering WBD shareholders $30/share in a $108.4B all-cash deal; sources say WBD rejected the same bid last week  —  Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war …
Discussion: Paramount Skydance Corporation, Variety, The Guardian, TV Tech, Financial Times, TechCrunch, Wall Street Journal, The Times, Deadline, StrictlyVC, primetimer.com, MediaNews4U, Sydney Morning Herald, Times of India, The Daily Upside, Business Insider, CBC News, The Guardian, @sherman4949, @sarafischer, Sports Media Watch, @cspan, Vanity Fair, @danprimack, @alaynatreene, @teroterotero, @danprimack, The Wrap, Bloomberg, @deitaone, @joecarlsonshow, The Information, @sherman4949, @sherman4949, Techdirt, ITR Wrestling, The North West Star, @edmundlee, Observer, @sherman4949, @sherman4949, @teroterotero, Fast Company, New York Times, @grynbaum, @sherman4949, @sherman4949, Australian Financial Review, @sherman4949, @mikeisaac, @sherman4949, SiliconANGLE, Axios, @brianstelter, @lucas_shaw, BBC, Motley Fool, @brianstelter, @kerrymflynn, Inverse, Malay Mail, @laurenshirsch, @lucas_shaw, Nerdist, Digital Music News, Associated Press, The Movie Blog, The Moderate Voice, ABC, TBPN, Lawyers, Guns & Money, MobileSyrup, Investomania, Benzinga, naked capitalism, Screen Rant, Fortune, Ars Technica, Deseret News, No Film School, TheDesk.net, The Independent, @ryanenos.bsky.social, Hollywood Life, Screen, @obrien_kat@mastodon.world, MS NOW, @karlbode.com, Inc.com, Pure Xbox, Dow Jones Newswires, The Hill, MediaPost, UPI, BNN Bloomberg, @msignorile.bsky.social, Thurrott, Michael Quigley on LinkedIn, Gianna Barberia on LinkedIn, Sports Business Journal, BusinessDesk, PCMag, Barrett Media, Mediaite, Forbes, Breitbart, @panda-news.bsky.social, WTTG-TV, Reuters, @kcfennessy.bsky.social, Media Play News, @sternbergh.bsky.social, masslive.com, @rwmead.bsky.social, @seldo.com, GamesIndustry.biz, Washington Times, Canoe, @rosesbloom24.bsky.social, Cord Cutters News, @newsguy.bsky.social, @renegadecut.bsky.social, The Indian Express, @robertscotthorton.bsky.social, @schooley.bsky.social, @stephentotilo.bsky.social, Awful Announcing, @kristoncapps.bsky.social, @franciswilkinson.bsky.social, PC Gamer, CNN, @mattmcneilshow.bsky.social, Gizmodo, /Film, Entrepreneur, CBS News, Engadget, Mirror US, @fizzvstheworld.bsky.social, @rabichakra.bsky.social, @bgrueskin.bsky.social, @markjacob.bsky.social, @figgityfigs.bsky.social and @annmlipton@esq.social, more at Techmeme »
Sara Fischer / Axios:
Filing: Paramount's outside partners for its WBD bid include Saudi Arabia's PIF, Abu Dhabi's L'imad, Qatar Investment Authority, and Jared Kushner's Affinity  —  Paramount on Monday launched a hostile takeover bid to buy Warner Bros. Discovery, going directly to shareholders with an all-cash, $30-per-share offer.
Cynthia Littleton / Variety:
Ted Sarandos says Paramount's “move was entirely expected”, but Netflix is “super confident” that it will get the WBD deal “across the line and finish”
Rohan Goswami / Semafor:
Paramount's WBD bid is backfiring in DC; a Trump official says Paramount seems to “believe the worst possible tropes” about corruption in the administration
Lucas Shaw / Bloomberg:
Sources: ABC extended Jimmy Kimmel's deal until May 2027; the deal was reached months ago, but the announcement was delayed out of respect for Stephen Colbert  —  Walt Disney Co. is bringing Jimmy Kimmel back for at least one more year.  —  The late-night star, who was suspended in September …
Ted Johnson / Deadline:
Trump attacks Paramount owners as “no better than the old ownership”, demanding an apology from 60 Minutes and Lesley Stahl for Marjorie Taylor Greene interview  —  Donald Trump said that the Ellison-owned Paramount is “no better than the old ownership,” as he lashed out at the company …
Mark Kennedy / Associated Press:
The Golden Globes' inaugural best podcast award nominations avoided controversy by passing on popular politics-related podcasts and personalities like Joe Rogan  —  The Golden Globes this year introduced a best podcast category and, predictably, the nominees announced Monday will get people talking.
RELATED:
Variety:
Netflix scores the most 2026 Golden Globe nominations, with 35 nominations across film and TV; Warner Bros. and HBO got a combined 31 nominations
The Guardian:
Premier League football club Brighton & Hove Albion bans Guardian reporters from its stadium after the Guardian reported on allegations against the club's owner  —  - Reporters and photographers barred from Amex Stadium  — Guardian says reporting is in the public interest
Lawrence Bonk / Engadget:
TikTok announces Shared Collection, to organize and share saved videos, and plans to launch Shared Feed, a daily curated selection of 15 videos, globally  —  The first tool is similar to something Instagram introduced earlier this year.  —  TikTok just announced a couple of updates that that should make the app a bit more social.
Dade Hayes / Deadline:
MoffettNathanson: US pay-TV subscriptions grew by 303,000 in Q3 from Q2 2025, the first increase since 2017, and the overall rate of decline improved to 5.8%  —  U.S. pay-TV subscriber levels posted their first increase since 2017 during the third quarter, according to a new report from Wall Street research firm Moffett Nathanson.
Newley Purnell / Bloomberg:
Reddit is rolling out new safety features globally for all users under 18, ahead of Australia's social media ban for under-16s taking effect on December 10  —  Reddit Inc. is launching new safety features globally for all under-18s on its popular online forums ahead of Australia's groundbreaking social media ban.
PodcastingToday:
Piers Morgan's Uncensored launches its first spin-off, History Uncensored, hosted by former CNN anchor Bianca Nobilo, airing weekly on YouTube and as a podcast  —  Piers Morgan Uncensored is launching its first ever spin-off series, History Uncensored, presented by former CNN anchor and reporter Bianca Nobilo.
RELATED:
Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation
Discussion: The Wrap
 
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 More News: 
Lara O'Reilly / Business Insider:
Uber launches Uber Intelligence, an insights platform that lets advertisers tap into Uber's data about customer trips and deliveries
 Earlier Picks: 
Alex Weprin / The Hollywood Reporter:
The Academy reports fiscal 2025 revenues of $269.2M, up from $263.1M in 2024, after cutting expenses from $220.1M to $208.1M; Oscars revenue grew to $150.5M
Barbara Moens / Financial Times:
European Commission: Meta agreed to change its “pay or consent” model to let Facebook and Instagram users share less data in exchange for less personalized ads
Max Tani / Semafor:
Source: OpenAI privately complained to NBC News that the author of a story about OpenAI pressuring nonprofits was backed by a nonprofit involved in the story