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4:10 PM ET, December 12, 2025

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 Top News: 
Financial Times:
OpenAI hopes the Disney deal boosts Sora, which has high costs and limited traction; Sensor Tower: users average 13 minutes per day on Sora vs. 90 on TikTok  —  Sora has struggled to build an engaged audience despite already hosting bootleg content from the Hollywood studio
RELATED:
Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer
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Todd Spangler / Variety:
In a message to members, the WGA says Disney's licensing deal with OpenAI “appears to sanction” OpenAI's “theft of our work”, and it plans to meet with Disney
Sara Guaglione / Digiday:
The Washington Post's new Your Personal Podcast, which offers AI-generated customizable podcasts, was developed under a multiyear agreement with ElevenLabs  —  The Washington Post has used AI to build a pick-your-own-format news podcast, letting listeners choose the topics, hosts and length to create custom versions.
RELATED:
Max Tani / Semafor:
Sources: WaPo's top standards editor decried “frustrating” errors in its new AI-generated personalized podcasts, announced this week for users of its mobile app
Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost  —  The loss of federal funding forced a difficult decision, the executive director of Arkansas TV said: Cut PBS, or go off the air entirely.
Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93  —  After making a fortune on Wall Street, he bought The Nation magazine and founded The New York Observer, which one writer called a “maypole of Manhattan gossip and intrigue.”
RELATED:
Mark Stenberg / Adweek:
Sources: the tenure of Anastasia Nyrkovskaya, Fortune's outgoing CEO, was marked by turmoil over a clash with Victor Pang, a lawyer for the company's owner  —  Last week, the financial news publisher Fortune abruptly parted ways with chief executive Anastasia Nyrkovskaya.
Aidan Ryan / The Boston Globe:
Boston Globe editor Nancy Barnes steps down from her role but will remain on staff as editor-at-large; she joined the paper as the first female editor in 2023  —  Nancy Barnes, the editor of the Boston Globe, announced to staff Friday that she is stepping down from her role at the end of next week.
Emma Roth / The Verge:
Amazon Prime Video pulls its AI recaps, which it began testing in November, for Fallout, Bosch, and other shows after users noticed errors in the Fallout recaps  —  Fallout's season one recap wrongly stated that The Ghoul's flashback takes place in the 1950s, rather than the year 2077.
Ben Weiss / Fortune:
YouTube launches an option for US-based creators to receive payouts in PayPal's stablecoin, PYUSD  —  Big Tech continues to tiptoe into crypto.  The latest example is a move by YouTube to let creators on the video platform choose to receive payouts in PayPal's stablecoin.
Reuters:
Reddit files a lawsuit against Australia to overturn its social media ban for under-16s, saying it “infringes the implied freedom of political communication”  —  Message board website Reddit (RDDT.N) on Friday filed a lawsuit asking the High Court to overturn Australia's social media ban …
Ann Gehan / The Information:
Source: livestream shopping app Whatnot nears ~$1B in revenue for 2025; Whatnot says it has passed $6B in gross sales this year, more than doubling 2024's sales  —  Livestream shopping app Whatnot is targeting close to $1 billion in revenue for 2025, according to a person with knowledge of the company's finances.
Carmen Arroyo / Bloomberg:
Sources: X reported $752M in Q3 revenue, up 17% YoY, a net loss of $577.4M, and EBITDA of ~$454M, up 16%; revenue for the first nine months of 2025 was $2B+  —  Sales at Elon Musk's X jumped during the third quarter, but the social network is still dealing with significant costs …
Discussion: The Information
 
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 More News: 
Daniel Thomas / Financial Times:
Sources: DMGT has locked down funding for its £500M acquisition of the Telegraph, in a funding package expected to comprise equity and debt
Discussion: Sky News
Gergely Orosz / @gergelyorosz:
[Thread] Substack quietly added a feature that forced subscribers to download the app to read full newsletters but say they've rolled it back after complaints
Alice Brooker / Press Gazette:
The Guardian names Netflix's former director of product Allan Donald as its first VP of product; Donald oversaw the content discovery operation at Netflix
Discussion: InPublishing and Journalism.co.uk
 Earlier Picks: 
Jacob Shamsian / Business Insider:
A Manhattan jury finds director Carl Rinsch guilty on all seven counts of defrauding Netflix of $11M when making sci-fi show White Horse
Dade Hayes / Deadline:
NY governor signs bills requiring ads to disclose AI-generated performers and mandating consent of heirs to use a deceased person's likeness commercially
 

 
From Techmeme:

Axios:
Policymakers behind key state AI bills scoff at Trump's EO; some GOP governors are pushing ahead with their own AI bills; Steve Bannon says Sacks misled Trump

Stevie Bonifield / The Verge:
Google expands Google Translate's live speech translation from Pixel Buds to any headphones, supporting 70+ languages, in beta on compatible Android phones

Brody Ford / Bloomberg:
Sources: Oracle has delayed completion of some OpenAI data centers from 2027 to 2028, largely due to labor and material shortages; Oracle denies delays
 
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