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11:10 PM ET, January 13, 2026

Mediagazer

 Top News: 
Bloomberg:
Sources: Netflix is working on revised terms for its WBD acquisition and has discussed making its offer all cash for the studios and streaming businesses  —  Netflix Inc. is working on revised terms for its Warner Bros. Discovery Inc. acquisition and has discussed making its offer all cash …
RELATED:
Lillian Rizzo / CNBC:
In a letter to WBD shareholders, David Ellison says Paramount filed a lawsuit in the Delaware Chancery Court seeking information in its hostile takeover attempt
Corbin Bolies / The Wrap:
Source and memos: Politico is laying off 3% of staff, plans buyout offers for Politico Magazine and more, and plans a subscription service for investment pros  —  While “change is uncomfortable,” global editor-in-chief John Harris tells staff, the moves “also represent continuity”
Discussion: The Wrap and @maxwelltani
Scott Nover / Washington Post:
A bipartisan bill agrees to provide $653M to USAGM, down from $867M in 2025, but over Trump's $153M request, as part of a package needing Congressional approval  —  The Trump administration has tried to eliminate funding for the U.S. Agency for Global Media, which oversees VOA.
Jessica Testa / New York Times:
A group of five journalists reboots Gourmet as a worker-owned newsletter, after discovering that Condé Nast had let its trademark on the name lapse in 2021  —  The defunct food publication is re-emerging as a newsletter, with new leadership and zero approval from its original owner.
New York Times:
Sources: Bari Weiss has privately been deeply frustrated by the negative reaction to her CBS tenure and has blamed subordinates for not stanching the criticism  —  Her reimagining of “CBS Evening News” is under heavy scrutiny, and even became a punchline on her own network on Sunday at the Golden Globes.
Alex Weprin / The Hollywood Reporter:
US BLS data: video and videogame subscriptions and rentals saw inflation of 19.5% in December; cable, satellite, and livestreaming rose 1.1%, same as music subs  —  Bureau of Labor Statistics data released Tuesday showed that overall inflation cooled in December ... but streaming video prices soared by nearly 20 percent.
Naman Ramachandran / Variety:
Lionsgate has sold its South Asian and Southeast Asian streaming operation Lionsgate Play to Rohit Jain, the executive who built the service over eight years  —  Lionsgate has sold its South Asian and Southeast Asian streaming operation Lionsgate Play to Rohit Jain, the executive who developed …
Alex Weprin / The Hollywood Reporter:
Fanatics, the Michael Rubin-led sports company, partners with OBB Media to launch Fanatics Studios, starting with a Tom Brady docuseries  —  The joint venture with OBB Media is launching with a Tom Brady docuseries, a deal to produce the ESPY Awards and deals with LA28, MLB and the WWE.
Richard Sandomir / New York Times:
Scott Adams, creator of the Dilbert comic strip, syndicated to ~2K newspapers at its peak and dropped after he made racist comments in 2023, has died at 68  —  His chronicles of a corporate cubicle dweller was widely distributed until racist comments on his podcast led newspapers to cut their ties with him.
Erik Hayden / The Hollywood Reporter:
Curtis “50 Cent” Jackson plans to invest $124M on venue space and a production campus in Louisiana; the state agreed to provide $50M in infrastructure funding  —  The ‘Power’ producer's G-Unit Film & Television has finalized a deal with the state on a development plan for three entertainment venues.
 
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 More News: 
Jesse Whittock / Deadline:
HBO Max nears a complete Europe rollout after launching in eight countries, including Germany and Italy; the streamer is now available in 100+ territories
Suzanne Vranica / Wall Street Journal:
Sources: OpenAI plans a 60-second Super Bowl ad during NBC's broadcast, the second straight year of doing so; ad buyers say clients pay $8M+ for just 30 seconds
 Earlier Picks: 
Ashley Carman / Bloomberg:
Interviews with Spotify founder Daniel Ek on his CEO exit, and new co-CEOs Gustav Söderström and Alex Norström, who face algorithmic fatigue and angry artists
Discussion: Music Ally and Spotify
Yang Tian / BBC:
The BBC files a motion to dismiss Trump's lawsuit over how his January 6 speech was edited in Panorama, saying the Florida court lacks “personal jurisdiction”
Wall Street Journal:
Corporate and foreign interests that once relied on paid Washington lobbyists are now spending heavily on pro-Trump influencers, often without disclosures
 

 
From Techmeme:

Christopher Mims / Wall Street Journal:
TrendForce: data centers will use 70%+ of the high-end memory chips all manufacturers will produce in 2026, with little new manufacturing capacity until 2027

Maxwell Zeff / Wired:
Sources: leaders at Thinking Machines Lab confronted Barret Zoph over an alleged relationship with another employee, who is no longer at the lab, in summer 2025

Dara Kerr / The Guardian:
The US EPA rules that xAI acted illegally by using dozens of methane gas turbines to power its Colossus 1 and Colossus 2 data centers in the Memphis area

 
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