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:
Variety, Wall Street Journal, The Information, @annmlipton@esq.social, The Wrap, Awful Announcing, Sports Media Watch, Investing.com, Barron's Online, @carlquintanilla.bsky.social, The Movie Blog, The Streamable, The Indian Express, The Post Millennial, Media Play News, GeekTyrant, PocketGamer.biz, The Verge, Tech Times, Tech in Asia, MediaNews4U, BMI, mxdwn Television, Telecompaper, Benzinga, Ars Technica, Wrestling Inc., Gizmodo, Mediaite, GamesIndustry.biz and Dow Jones Newswires
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
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.
Discussion:
Simon Owens's Media Newsletter, @harrymccracken.com, The Wrap, @kimmaicutler, @benmullin, @inaeoh.bsky.social, Gourmet and kottke.org
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.
Discussion:
@mwl.io, @ripridermusic.bsky.social, @negativeagent.bsky.social, @lesterlee.bsky.social, @danielraffel, @future_of_music, Stereogum, @davidgerard.co.uk, Bandcamp Updates, @dallin@writing.exchange, @nowplaying.cool, Consequence, BrooklynVegan, @colinhemphill.com, @n8dly@mastodon.social, @2mello.net, @lauramarie.bsky.social, @logicalnuisance.bsky.social, @rrrrroseazerty …, @mmmmmmuhh.bsky.social, @bandcamp.com and PC Gamer, more at Techmeme »
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.
Mandy Dalugdug / Music Business Worldwide:
Musical AI, an attribution and rights management platform for generative AI in music, raised $4.5M led by Heavybit to improve its attribution tech — In 2024, Musical AI, formerly known as Somms.ai, launched a rights management platform to allow proper attribution and compensation for the use …
Discussion:
FinSMEs, Digital Music News and GamesBeat
Amos Barshad / Columbia Journalism Review:
Some local TV stations are ending their network affiliations, freeing up money for new hires and programming, as network fees rise due to sports rights costs — Bert Medina—the president of WPLG, a TV station in Miami—has a policy of meeting every new employee that comes into the building.
Josh Noble / Financial Times:
An interview with IMG President Adam Kelly on streaming platforms' increasing share of sports media rights, live sports as an antidote to AI content, and more — As Netflix and Apple expand their sports ambitions, the head of IMG says media rights are entering a new phase driven by scarcity, retention and measurable returns
Ben Fritz / Wall Street Journal:
Matthew McConaughey 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, more at Techmeme »
Naman Ramachandran / Variety:
Lionsgate sells 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 …
Discussion:
The Wrap, Fortune India, BMI, Media Play News, The Hollywood Reporter, Business Today, Deadline and MediaNews4U
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:
Digital Music News and Los Angeles Times
