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1:30 AM ET, January 14, 2026

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 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 Magazine staffers, 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
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.
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.
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.
Maya Perez / WebProNews:
Bandcamp bans music and audio that is “generated wholly or in substantial part by AI”, hoping to build trust with fans that the music they find was human-made  —  Bandcamp has banned music substantially generated by AI to uphold human artistry and authenticity, amid rising concerns over AI flooding platforms like Spotify.
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.
Ben Fritz / Wall Street Journal:
Matthew McConaughey has secured eight trademarks of himself from the USPTO in the past several months to protect his likeness and voice from unauthorized AI use  —  Actor plans to use trademarks of himself saying ‘Alright, alright, alright’ and staring at a camera to combat AI fakes in court
Discussion: E! Online
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.
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.
 
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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
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
 Earlier Picks: 
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
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:

Kurt Wagner / Bloomberg:
Meta confirms it is laying off Reality Labs staff and will “reinvest the savings” in wearables; CTO Andrew Bosworth says 1,000+ staff will be notified Tuesday

Bloomberg:
The US Senate passes the Defiance Act that would allow victims to sue over nonconsensual, sexually explicit AI-generated images, amid furor over Grok images

The Information:
A source details how Apple's Gemini deal works: new Siri features will launch in spring and at WWDC, Apple can finetune Gemini, no Google branding, and more
 
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