Top News:
Sara Fischer / Axios:
Internal memo: TikTok has signed a deal to sell its US unit; Oracle, Silver Lake, MGX will collectively own 45% of the US entity, and ByteDance will retain ~20% — TikTok has signed a deal to sell its U.S. entity to a joint venture controlled by American investors, per an internal memo seen by Axios.
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Alex Weprin / The Hollywood Reporter:
Memo: the TikTok US deal is set to close on Jan. 22; terms include retraining the recommendation algorithm on US user data and Oracle overseeing data protection — Abu Dhabi's state investment fund will also be a managing investor. — The TikTok sale is officially happening …
Discussion:
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Todd Spangler / Variety:
Sony Pictures Entertainment and Sony Music Entertainment (Japan) agree to buy WildBrain's 41% stake in Peanuts Holdings for ~$457M, raising Sony's stake to 80% — Sony is paying more than a few peanuts to get majority ownership of Charles M. Schulz's beloved Peanuts franchise featuring Snoopy, Charlie Brown and more.
Wall Street Journal:
Sources: Axel Springer has considered buying about a dozen media businesses in the US, including TED Conferences, TechCrunch, the 1440 newsletter, and more — Mathias Döpfner says ‘embrace AI or die’ as he looks to bolster his U.S. media holdings — Mathias Döpfner is hunting for “new gold” in media.
Financial Times:
Trump Media agrees to merge with Google-backed fusion energy company TAE in a $6B deal and build the “world's first utility-scale fusion power plant” in 2026 — Deal represents bet on nuclear energy powering artificial intelligence boom — The Trump family media group has agreed …
Discussion:
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Ashley Carman / Bloomberg:
YouTube's head of products for podcasts Steve McLendon says viewers streamed 700M+ hours of podcasts on TV in October, up from 400M hours in October 2024 — That's up from 400 million hours a year ago as podcasts become the new late-night TV. — People are spending more time tuning …
Discussion:
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Ethan Millman / The Hollywood Reporter:
Universal Music Group partners with music creation platform Splice to build “advanced commercial AI tools” for musical artists — The new pact is the latest AI music development for the world's largest music company after settling a lawsuit with Udio in October.
Discussion:
Billboard, Music Ally, UMG and Digital Music News
Jessica M. Goldstein / New York Times:
A look at Track Star, a YouTube music quiz show that has become a stop on the celebrity promo trail and has started creating documentary-style music features — John Fogerty has written some of the most instantly recognizable songs in rock ‘n’ roll history.
Discussion:
@jessicagolds
Alex Weprin / The Hollywood Reporter:
CBS News and The Free Press announce Things That Matter, a series of town halls and debates, starting in early 2026, with Sam Altman, J.D. Vance, and others — The news division is also planning a town hall with Maryland Gov. Wes Moore in the ‘Things That Matter’ series, with Bank of America lined up as a sponsor.
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Emilio Casalicchio / Politico:
Downing Street makes changes to press access, cutting an afternoon briefing and promising more press conferences, which will be open to social media influencers — The move has already sparked an uproar from Westminster's journalists. — LONDON — No.10 Downing Street announced Thursday …
Jake Kanter / Deadline:
YouTube terminates Screen Culture and KH Studio, two large channels that used AI to create fake movie trailers; the platform earlier suspended the channels' ads — The Google-owned video giant has switched off Screen Culture and KH Studio, which together boasted well over 2M subscribers and more than a billion views.
Discussion:
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M.G. Siegler / Spyglass:
YouTube streaming the Oscars in 2029 makes Netflix's WBD bid less likely to face antitrust issues, as it shows Netflix might need WBD to compete against YouTube — Say ‘UGC’ again. Say. ‘UGC’. Again! I dare you! I double-dare you! — It sure looks like Google may have just handed Warner Bros …
