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3:05 PM ET, January 5, 2026

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 Top News: 
Max Tani / Semafor:
Sources: NYT and WaPo learned of the Venezuela raid soon before it was scheduled to begin but held off publishing what they knew to avoid endangering US troops  —  The Scoop  —  The New York Times and Washington Post learned of a secret US raid on Venezuela soon before it was scheduled …
Cameron Coats / Radio Ink:
CPB board votes to dissolve the 58-year-old organization following the rescission of all federal funding by Congress at the behest of President Trump  —  After 58 years of service to the American public, the Corporation for Public Broadcasting Board of Directors has formally voted to dissolve the organization.
Brian Steinberg / Variety:
Tony Dokoupil began anchoring CBS Evening News on Saturday night, two days earlier than expected, after US military action in Venezuela  —  This probably wasn't the kickoff to a run on “CBS Evening News” that Tony Dokoupil — or his bosses — envisioned.  —  The anchor, a veteran …
RELATED:
Justin Baragona / The Independent:
Sources: CBS Evening News staffers expressed concern about the planned 10-day, multicity US reboot tour, citing Bari Weiss' last-minute changes and jet charters
@cbseveningnews:
Announcing the new CBS Evening News, anchor Tony Dokoupil says people lost trust in legacy media in part due to a focus on “the analysis of academics or elites”
Barrett Media:
Newsmax asks the FCC to block the proposed $6.2B merger between Nexstar and Tegna, saying the deal is an unprecedented consolidation that Congress prohibits  —  “This merger would create an unprecedented and dangerous consolidation within the broadcast TV industry, giving them immense control …
RELATED:
Dan Perry / MediaPost:
The US federal government's role in merger approvals gives the Trump administration an easy way to coerce big media companies, and other industries may be next  —  The Trump administration has discovered a nifty new trick: It is using federal merger authority to pressure news organizations into compliant coverage.
Discussion: @thefarce.org
Georg Szalai / The Hollywood Reporter:
Comcast completes the separation of most of its cable networks into a separate entity called Versant Media, led by Mark Lazarus as CEO  —  Mark Lazarus, as CEO, and his team will set an independent strategy for the new cable networks company that could become a potential partner and acquirer of complementary media businesses.
Ian Hodgson / Financial Times:
US immigration lawyers, talent managers, and creators say influencers and OnlyFans models now dominate O-1B visas, which are reserved for “exceptional” artists  —  Work permits increasingly being awarded on basis of online reach, favouring content creators
Christopher Palmeri / Bloomberg:
Amazon says 2025's Thursday Night Football was the most watched in the program's 20-year history, averaging 15.3M viewers/game, up 16% from the previous season  —  The recently ended Thursday Night Football season was the most watched ever in the 20-year history of the program, Amazon.com Inc. said.
Discussion: Collider
Patrick Brzeski / The Hollywood Reporter:
Universal Music India acquires a 30% equity stake in Mumbai-based Excel Entertainment in a deal valuing the Indian production house at $290M  —  As part of the deal, which values Excel at $290 million, Universal Music Group will receive global rights to all future original soundtracks attached …
Naman Ramachandran / Variety:
Maoyan: China's box office reached $7.41B in 2025, up 20%+ YoY after a 23% drop in 2024, driven by animated films and IP franchises like Ne Zha 2 and Zootopia 2  —  In 2024, the China box office plummeted 23% to $5.8 billion.  The 2025 rebound was fueled primarily by animated titles …
 
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 More News: 
Jesse Whittock / Deadline:
Ireland launches Europe's first unscripted tax credit, offering a 20% rebate on the lowest eligible expenditure, capped at €15M per production, until 2028 end
Sarah Perez / TechCrunch:
Amazon unveils a Fire TV UI redesign that puts more focus on the content, including Alexa+, and launches the $899+ Ember Artline TV series with colorful frames
 Earlier Picks: 
Alexandra Bruell / Wall Street Journal:
How newsletter platforms attracted a wave of writers, comedians, publications, and brands, as publishers and creators relied less on Facebook and Google traffic
David Forbes / Trans News Network:
An interview with ex-NYT editor Billie Jean Sweeney, who says the NYT shifted to anti-trans bigotry and disinformation in about 2022, with guidance from the top
Anthony D'Alessandro / Deadline:
Sources: theaters earned $25M+ from Netflix's Stranger Things finale over New Year's Eve and New Year's Day, selling concession vouchers in a new price strategy
 

 
From Techmeme:

xAI:
xAI raised a $20B Series E, exceeding its $15B targeted round size, with participation from Valor, Nvidia, and others, and says Grok 5 is currently in training

Hugh Langley / Business Insider:
Filing: Larry Page moved assets out of California ahead of the proposed CA wealth tax, meeting an end-of-2025 deadline; a source said he has left the state

Financial Times:
Sources: Chinese officials are reviewing Meta's $2B Manus acquisition for possible tech export control violations, including when Manus relocated to Singapore
 
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