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Axios:
FCC Chairman Brendan Carr tells a Senate committee the FCC “is not an independent agency”; the agency removed “independent agency” from its site as he testified — FCC Chairman Brendan Carr said in his Wednesday Senate testimony that the agency he governs “is not an independent agency, formally speaking.”
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Steven Portnoy / ABC News:
Members of the Senate Commerce Committee accused FCC Chairman Brendan Carr of making “mafia threats” and encroaching on broadcasters' First Amendment rights — Sen. Markey calls him “chairman of the ‘Federal Censorship Commission.’” — Brendan Carr, commissioner …
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Scott Feinberg / The Hollywood Reporter:
The Academy signs a multiyear deal that gives YouTube the exclusive global rights to the Oscars, beginning in 2029 and running through 2033, streaming for free — The Academy announced on Wednesday: — LOS ANGELES, CA - The Academy of Motion Picture Arts and Sciences and YouTube signed …
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Wall Street Journal:
WBD recommends shareholders reject Paramount's unsolicited cash bid, calling the offer “illusory” and saying it believes Netflix's proposal is still superior — Warner raised concerns about the credibility of Paramount's ‘illusory’ offer and its backing from the Ellison family
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Todd Spangler / Variety:
Paramount reaffirms its $30/share all-cash bid after WBD's board officially rejected it, saying its bid offers “superior value and certainty” for shareholders — For now, David Ellison's Paramount Skydance is signaling that it will fight for the hearts and minds of Warner Bros. Discovery …
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Todd Spangler / Variety:
SEC filing: WBD says the Ellisons offered David Zaslav a compensation package of several hundred million dollars, which Zaslav said was inappropriate to discuss
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Sarah Perez / TechCrunch:
YouTube says it will no longer give data to US Billboard charts after January 16, saying Billboard's ranking formula doesn't count ad-supported streams fairly — YouTube is pulling its data from Billboard for use in the publisher's industry-leading U.S. music charts.
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Billboard, Variety, BBC, Rolling Stone, Engadget, Music Business Worldwide, YouTube Official Blog, PCWorld and Stereogum
Raphael Minder / Financial Times:
TV Republika, the largest right-wing broadcaster in Poland, plans an English-language channel, seeking to fill a market gap in Europe for MAGA-aligned outlets — Largest rightwing broadcaster in Poland intends to emulate Britain's GB News — Poland's largest right-wing broadcaster …
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Broadband TV News
Associated Press:
A US federal judge denied Sarah Palin's bid for a new libel trial against the NYT and rejected her motion for his recusal, after a jury found no libel in April — Regarding the request to recuse himself, the judge said the trial transcript shows he frequently ruled in Palin's favor during the trials.
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MS NOW, @lmariev.bsky.social, @daviddarmofal.bsky.social and @volts.wtf
Peter Grant / Wall Street Journal:
The WBD deal could worsen soundstage vacancies as productions may shift to the studio's facilities, affecting companies like Hackman, owner of 60+ soundstages — Set and studio landlords like Hackman Capital are already suffering from a slowdown in U.S. TV and film production
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Fast Company, The Real Deal, Fortune and Daily Mail
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Charles Gasparino / New York Post:
Source: Paramount has no immediate plans to sweeten its $30 per share, all-cash bid for WBD
Source: Paramount has no immediate plans to sweeten its $30 per share, all-cash bid for WBD
Discussion:
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Christopher Palmeri / Bloomberg:
Filing: Comcast's offer to merge NBCUniversal with WBD valued Comcast's media and theme-park assets at about $81B; Comcast's overall valuation is about $111B — Comcast Corp.'s offer to merge its NBCUniversal division with Warner Bros. Discovery Inc. valued the cable giant's media …
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MediaPost
Ivan Mehta / TechCrunch:
Meta is testing limiting Facebook professional accounts and Pages to posting just two links per month, unless they subscribe to $14.99+/month Meta Verified — In a new experiment, Meta is limiting the number of links users can post on Facebook, unless they have a paid Meta Verified subscription.
Todd Spangler / Variety:
Netflix signs a deal with Barstool Sports to stream video versions of three podcasts, initially in the US; full video episodes will be removed from YouTube — Netflix also has podcast distribution deals with Spotify and iHeartMedia — Netflix has gone into business with Dave Portnoy …
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Jennifer Maas / Variety:
Sources: Disney has not partnered with or licensed its IP to Roblox, unlike Netflix, Lionsgate, and others, because it doesn't consider Roblox a safe platform — Here's a stat that might shock anyone who isn't the parent of a Gen Alpha kid: As of October 2025, online gaming platform Roblox boasted …
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Benzinga, Kotaku, The Record, Dexerto and Glossy
