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9:25 AM ET, December 31, 2025

Mediagazer

 Top News: 
Lucas Shaw / Bloomberg:
Sources: WBD plans to reject Paramount's revised takeover bid at a board meeting next week, viewing the $30-a-share cash bid as still inferior to Netflix's bid  —  Warner Bros. Discovery Inc. plans to once again reject a takeover bid from Paramount Skydance Corp. after the rival media company amended …
Brent Lang / Variety:
George Clooney criticizes CBS and ABC for settling lawsuits with President Trump and says Bari Weiss “is dismantling CBS News as we speak”  —  When George Clooney was preparing to make his Broadway debut appearing as CBS news correspondent Edward R. Murrow in “Good Night …
RELATED:
Michael Schneider / Variety:
Nielsen: CBS was 2025's most-watched network in primetime despite a 12% YoY drop in average viewers, followed by NBC, ABC, and Fox, up 10% due to the Super Bowl  —  Complete Broadcast, Cable and Pay TV Ratings Primetime Ranker for 2025 in Total Viewers and Adults 18-49  —  What a difference a Super Bowl makes.
New York Post:
Leaked letter: a group of “prominent journalists” at CBS News are preparing a petition urging David Ellison to uphold editorial independence at the network
Charles Ornstein / ProPublica:
ProPublica reporters on three recent stories were ignored by federal or state workers when seeking comment, and then were accused of stalking or intimidation  —  This summer, my colleagues were reporting out a story about the Department of Education's “final mission,” its effort …
Bloomberg:
Nielsen streaming data: none of 2025's 10 most-watched shows were new, Tubi and Roku are almost twice the size of HBO Max and Peacock, and more  —  When it comes to entertainment, we live in an era of asymmetrical information.  Technology companies are sitting on more data than they know how to use …
RELATED:
Will Sommer / The Bulwark:
The Trump administration helps Tenet Media's Lauren Chen return to the US; she lost her visa after a 2024 indictment alleging illicit funding from Russia's RT  —  Tenet Media's Lauren Chen is back—even though the illegal-influence and money-laundering investigation remains open.
Benjamin Mullin / New York Times:
A profile of NPR CEO Katherine Maher, who has taken an unyielding approach to NPR's biggest battles, causing rifts with the right and her public media allies  —  Katherine Maher knew that running NPR was going to be difficult.  But since taking over as chief executive last year, she has confronted one crisis after another.
Summer Ballentine / The Detroit News:
The Detroit News and Detroit Free Press ended their joint operating agreement, which began in 1989; The News plans to launch a Sunday print edition January 18  —  A nearly four-decade-long business partnership between The Detroit News and Detroit Free Press ended Sunday …
Rob Davies / The Guardian:
BPI: the UK music industry had its 11th straight year of growth in 2025; album sales rose 4.9% YoY to 210.3M, aided by the Oasis reunion and Taylor Swift vinyls  —  BPI figures show music lovers listened to equivalent of 210.3m albums by UK artists in 2025 in 11th consecutive year of growth
Jordy Fee-Platt / The Athletic:
Kalshi and Polymarket have partnered with social media accounts purporting to be breaking news reporters, some of which have repeatedly posted false information  —  Unknown just a few years ago, the prediction markets Kalshi and Polymarket have gained wider recognition in recent weeks.
 
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 More News: 
Jeremy Barr / @jeremymbarr:
A judge denies Fox's motion to dismiss a wrongful death lawsuit filed by the parents of Oleksandra Kuvshynova, killed while working for Fox in Ukraine in 2022
Max Tani / Semafor:
Ezra Klein, Ben Shapiro, Steve Bannon, Vanity Fair's Mark Guiducci, Puck's Matt Belloni, Verge's Nilay Patel, and others on what media leaders got wrong in 2025
 Earlier Picks: 
Axios:
Nick Shirley, a MAGA-friendly YouTuber, goes viral with video reports about alleged fraud in Minnesota, provoking approving responses from the FBI and JD Vance
Eoin Higgins / The Flashpoint:
Journalist Eoin Higgins says Matt Taibbi is suing him for defamation over Owned, his book about tech billionaires and the left, and “I stand by my work”
Aisha Down / The Guardian:
A Kapwing study of the 15,000 top YouTube channels finds 278 of them have only posted AI-generated “slop” videos, amassing 63B+ views and 221M+ subscribers
DataBreaches.Net:
A hacker published 2.3M Wired user records, and claimed to have downloaded all 33M Condé Nast users' information, including email, name, phone, and usernames
Ben Strauss / Washington Post:
A profile of Pablo Torre, whose podcast “Pablo Torre Finds Out” became a 2025 phenomenon for aggressive reporting that uncovered seismic stories in US sports
 

 
From Techmeme:

Wall Street Journal:
How Manus distanced itself from its Chinese roots to court US investors; a source says Meta's $2.5B deal includes a $500M retention pool for Manus' employees

Wall Street Journal:
OpenAI financial data: its stock-based pay averaged ~$1.5M per employee in 2025, ~7x Google pre-IPO and ~34x the average pay of other pre-IPO peers, per Equilar

Jeanny Yu / Bloomberg:
Chinese AI firms are leading a wave of IPOs in Hong Kong, where at least 25 companies debuted in December 2025, the busiest month for deals since November 2019
 
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