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9:35 AM ET, December 9, 2025

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 Top News: 
Wall Street Journal:
Sources: after Netflix announced its WBD deal, Larry Ellison called Trump to argue it would hurt competition; Paramount CEO David Ellison promised CNN changes  —  David Ellison has launched a hostile takeover bid for Warner Discovery, taking his case directly to shareholders after Netflix clinched a deal
RELATED:
Financial Times:
Inside Paramount's new WBD bid: after six failed proposals across 12 weeks, and alleging WBD's board ignored a final offer, Paramount went hostile to buy WBD  —  Ellison's approach was rebuffed over concerns about financial backing from China and Middle East sovereign funds
Rohan Goswami / Semafor:
Sources: Paramount's Gulf sovereign funding, accounting for ~30% of the deal's value, and potential political scrutiny led WBD to reject Paramount's initial bid  —  The News  —  Paramount's reliance on Gulf sovereign money was a major reason why the company's bid for Warner Bros. Discovery failed …
Discussion: TVNewsCheck and Reuters
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”
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
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
Ted Johnson / Deadline:
Matt Gutman is leaving ABC News to join CBS News as chief correspondent on January 5, reporting across the network as well as lead correspondent for 48 Hours  —  Gutman also will contribute to future seasons of 60 Minutes, and will serve as fill-in anchor.  He will start in Jan. 5 and will be based in Los Angeles.
RELATED:
Barbara Moens / Financial Times:
The European Commission opens an investigation into Google to assess possible anticompetitive conduct by Google in “the use of online content for AI purposes”  —  Investigation is the bloc's latest challenge to American Big Tech companies  —  Brussels has launched an investigation …
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 …
Jesse Whittock / Deadline:
Steven Bartlett's FlightStory makes a “seven-figure” investment in Maggie Sellers Reum's Hot Smart Rich, whose podcast reached 1.8M+ downloads in its first year  —  Terms of the deal haven't been fully revealed and the size of the stake isn't known, but the cash will go towards scaling HSR …
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 …
Newley Purnell / Bloomberg:
Reddit rolls out new safety features globally for all users under 18, ahead of Australia's social media ban for under-16s that takes 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.
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
 
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 More News: 
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%
Todd Spangler / Variety:
Letterboxd plans to launch its Video Store film rental platform on December 10, offering curated indie titles in 23 countries, including the US, UK, and France
 Earlier Picks: 
Brian Steinberg / Variety:
Sources: Anderson Cooper has signed a new deal with CNN
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
 

 
From Techmeme:

Kevin Breuninger / CNBC:
President Trump says the US will let Nvidia ship its H200 chips to “approved customers” in China and elsewhere, on the condition that the US gets a 25% cut

Julian Chokkattu / Wired:
Pebble unveils the Pebble Index 01, a $99 smart ring with an on-device LLM for processing voice notes, shipping in March 2026, initially for $75

Aaron Holmes / The Information:
Source: as soon as this week, Anthropic, OpenAI, Google, Microsoft, and others are set to unveil the Agentic AI Foundation to build open-source agent standards
 
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