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 …
Discussion:
Wall Street Journal, Variety, The Wrap, The Information, Investing.com, Barron's Online, The Streamable, The Indian Express, @carlquintanilla.bsky.social, GeekTyrant, PocketGamer.biz, The Verge, Tech in Asia, MediaNews4U, Media Play News, BMI, mxdwn Television, Advanced Television, Telecompaper, Benzinga, Wrestling Inc., Dow Jones Newswires, GamesIndustry.biz, TechCrunch, HotAir, Financial Times, Cord Cutters News, Sharecast, RedState and Realscreen, more at Techmeme »
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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
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
Discussion:
The Wrap, Variety, The Motley Fool, The Movie Blog, VICE, The Post Millennial, Tech Times, AfroTech, Barron's Online, @cgasparino, Hypebeast, Benzinga, The Hollywood Reporter, Times of India, Paramount, @brianstelter, @brianstelter, Communicate Online, @lucas_shaw, ANI News, Deadline, CNN, TVNewsCheck, Ars Technica, Los Angeles Business Journal, @johnhudgens.bsky.social, WebProNews, New York Sun, Irish Independent, GameSpot, The Information, Deseret News, Gizmodo, Mediaite, Washington Examiner, Variety, Engadget, New York Post, Front Office Sports, Awful Announcing, Axios, Associated Press, @stagewrite.bsky.social, Bloomberg and Vulture
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.
Discussion:
Variety, @doncomer.bsky.social, New York Sun, @jtes, @nkulw, @josephzucker.bsky.social, @ndhapple.bsky.social, @premthakker.bsky.social, @skateintraffic.bsky.social, @bostonjerry.bsky.social, @mikecaulfield.bsky.social, @bgrueskin.bsky.social, @gelbach.bsky.social, @celebrityhottub.bsky.social, @paulrudnickny, The Independent, @vincemancini.bsky.social, @craigcalcaterra.bsky.social, @cavskermit.bsky.social, @alexshephard.bsky.social, @thejeffreport.bsky.social, @dirigojoe.bsky.social, @eclecticbrotha1.bsky.social, Wonkette, @gwbiscuit.bsky.social, @derek.bsky.social, @isaacgantwerkmayer …, @imnotahrhitter.bsky.social, @sarahweinman.com, @dylanbyers, @jjschroden.bsky.social, @andreapitzer.bsky.social, @petestaiano.com, @d500998.bsky.social, @carlquintanilla.bsky.social, @adamzherman.bsky.social, Mediaite, @cesarsantiago.net, @dumplingmenace.bsky.social, @blakeau19.bsky.social, @sjkamin.bsky.social, @lons.bsky.social, @snmrrw.bsky.social, @brendelbored.bsky.social, @aklingus.bsky.social, @shuchancellor.online, @katelynburns.com and @whoa-magic.lol
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.
Corbin Bolies / The Wrap:
The Atlantic sues Google and Alphabet, alleging Google's model of serving ads is a monopoly and that Google falsely claimed its practices would aid The Atlantic — The publisher requests restitution due to Alphabet's “inherently unfair” ad serving practices
Discussion:
The Information, @corbinbolies and Morningstar
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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.
Discussion:
The Wrap, @kimmaicutler, @benmullin and kottke.org
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.
Discussion:
Real Coffee with Scott Adams on YouTube, The Hollywood Reporter, Variety, The Guardian, Rolling Stone, TMZ.com, Forbes, Writers Without Money, The A.V. Club, Wall Street Journal, Salon, Hollywood Life, @harrymccracken.com, TV Insider, The Hill, Entertainment Weekly, NPR, Ars Technica, @john-self.bsky.social, Mediaite, PJ Media, Washington Post, NewsMax.com, Collider, @tcarmody.bsky.social, People, Inc.com, Notes From The Circus, The Daily Caller, @matt@mastodon.lqx.net, Cord Cutters News, NewsNation, Comic Book, National Enquirer, RedState, New York Sun, The Virginian-Pilot, Deadline, SFist, TheGrio, San Francisco Chronicle, ABC7, The Daily Wire, KARE-TV, Lawyers, Guns & Money, NBC Bay Area, Fox News, USA Today, Althouse and Just Jared
Jake Kanter / Deadline:
Analysis: YouTube surpassed the BBC in monthly audience reach in the UK for the first time in Q4 2025, with 51.9M viewers in December, above the BBC's 50.8M — In an unprecedented moment, YouTube passed the BBC in monthly audience reach figures published by Barb, the UK's official ratings body.
Discussion:
Telegraph and Cord Cutters News
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.
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” — The BBC will file a motion to dismiss Donald Trump's lawsuit over how his 6 January 2021 speech was edited in a Panorama documentary.
Discussion:
CNN, Reuters, Variety, RTÉ, The Wrap, The National Pulse, The Gateway Pundit, Baller Alert, The Guardian, Fox News, We Got This Covered, Newser, UPI, CBS News, The American Bazaar, The Hill, Financial Times, Advanced Television, Politico, HuffPost, Sky News, Insurance Journal, GB News, Bloomberg, The Independent, The Scottish Sun and Mirror
Axios:
Axios' Jim VandeHei and Mike Allen reflect upon their 20 years as media entrepreneurs together and how the media landscape changed since Politico's 2007 launch — - The death of the “day”: In 2007, a big story or “scoop” lasted 24 hours or more. … - The newsletter is the new front page …
Discussion:
Jim VandeHei on LinkedIn, @mlcalderone and @jayrosen.bsky.social
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.
Discussion:
Los Angeles Times
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.
Discussion:
Fanatics Inc, StreamTV Insider, Barrett Media, Awful Announcing, Sportico, Fast Company, Associated Press, CNBC and Bloomberg
Reuters:
Sources: French production company and MasterChef-owner Banijay is in advanced talks with All3Media-owner RedBird IMI to merge their TV production businesses — France's Banijay Group (BNJ.AS), owner of the “Big Brother” franchise, is in talks with All3Media owner RedBird IMI to merge …
