Top News:
New York Times:
ByteDance strikes a deal with a group of non-Chinese investors to create a new TikTok US entity and avoid a federal ban, concluding a six-year legal saga — TikTok said on Thursday that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a new U.S. TikTok …
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Financial Times:
TikTok's new majority US-owned JV includes investors Oracle, Silver Lake, and Abu Dhabi's MGX, each holding 15%, and Dell Family Office; ByteDance retains 19.9% — Video app launches US joint venture with American investors to enact deal criticised by China hawks
Jonathan Vanian / CNBC:
Adam Presser, previously TikTok's head of operations and trust and safety, will be the CEO of TikTok USDS Joint Venture; TikTok CEO Shou Chew will be a director — TikTok said Thursday that it formed a joint venture that will keep the video-sharing app operating in the United States.
Sara Fischer / Axios:
Source: the TikTok US deal values it at just around $14B; TikTok's US entity makes roughly $14B annually in advertising revenues alone, per analyst estimates — TikTok on Thursday closed a deal to divest its U.S. entity to a joint venture controlled by American investors …
Discussion:
TheDesk.net, New York Times, Variety, DigiTimes, Politico, Agence France-Presse, Times of India and Reuters, more at Techmeme »
Financial Times:
Netflix co-CEO Greg Peters expects Netflix to win WBD, says Paramount's bid “doesn't pass the sniff test” and a “very small” number of WBD holders backed it — Co-chief Greg Peters says Netflix is winning Warner Bros shareholder support for a deal that would upend Hollywood
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Dade Hayes / Deadline:
Filing: Paramount extends the deadline for WBD shareholders to vote on its $30-per-share offer to February 20
Filing: Paramount extends the deadline for WBD shareholders to vote on its $30-per-share offer to February 20
Discussion:
The Hollywood Reporter, Variety, Paramount Skydance Corporation, Paramount, Engadget, Daily Mail, StreamTV Insider, The Wrap, Reuters, Variety and Bloomberg
Charlotte Tobitt / Press Gazette:
Analysis: among the top 50 news websites in the US and the UK, 34% blocked all major AI training bots; 14%, including Fox and Substack, allowed access to all — Almost eight in ten of the biggest news websites in the UK and US are now blocking AI training bots.
Discussion:
Simon Owens's Media Newsletter, MediaPost, @pressgazette.co.uk and Search Engine Journal
Zach Taylor / On Substack:
Substack launches its Substack TV app for Apple TV and Google TV in beta for free and paid subscribers, with access matched to their current subscription levels — Today we're launching the Substack TV app for Apple TV and Google TV. Substack is the home for the best longform …
Todd Spangler / Variety:
Filing: Disney CEO Bob Iger's pay package rose 11.5% in 2025 to $45.8M; the Disney board is expected to name his successor early this year — Bob Iger, in his second-to-last year leading Disney as CEO, saw his total compensation increase 11.5%, to a total of $45.8 million in 2025.
Discussion:
Deadline, Los Angeles Times, Reuters, The Hollywood Reporter, The Wrap and The Business Times
Ashley Carman / Bloomberg:
British podcasters like Steven Bartlett of The Diary of a CEO are adopting various strategies, including moving to the US, to break into the larger US market — Most of the top podcasts in the UK have yet to hit the same levels of popularity in the US — Welcome back to Soundbite.
Mia Galuppo / The Hollywood Reporter:
AMC Networks' Sundance Now rebrands from offering scripted TV to airing indie film and festival titles, for $7.99/month, as this year's Sundance Festival begins — AMC Networks runs the shingle that previously had scripted TV offerings. — As the Sundance Film Festival gets started …
Discussion:
The Wrap, Courtney Thomasma on LinkedIn, @thispersonstinks.bsky.social, AMC Networks Inc. and IndieWire
Lucy Schiller / Columbia Journalism Review:
Lawyers for NPR and three Colorado public radio stations, alongside others, discuss the outlets' 1A lawsuit against the Trump administration for stopping funds — “It isn't just an affront to localism. It's an attempt to reengineer thought.” — “If the fire comes to the neighborhood …
Discussion:
@columjournreview.bsky.social, @joshshepperd.bsky.social and Inside Radio
Matthew Keys / TheDesk.net:
AMC Networks says Chief Financial Officer Patrick O'Connell will depart the company in March to “pursue an opportunity outside of the media industry” — AMC Networks says its Chief Financial Officer Patrick O'Connell will depart the company in March.
Discussion:
The Wrap, Deadline and The Hollywood Reporter
Ben Thompson / Stratechery:
Q&A with Netflix co-CEO Greg Peters on Netflix's stock roller coaster, viewer engagement, ads, the WBD acquisition, regulation, competition, Hollywood, and more — This week's Stratechery Interview is with Netflix co-CEO Greg Peters. Peters became co-CEO of Netflix in 2023 …
Discussion:
Marketing Brew
Deadline:
A breakdown of 2026 Oscars nominations by movie and studio: WBD leads with 30 nominations, tying its own record, Neon gets 18, Netflix earns 16, Apple gets 6 — Sinners is up for Best Picture, Actor Michael B. Jordan, Supporting Actress Wunmi Mosaku, Supporting Actor Delroy Lindo …
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Clayton Davis / Variety:
Ryan Coogler's Sinners breaks the Academy Awards' nomination record with 16 nominations, surpassing the previous record of 14, held by three films
Ryan Coogler's Sinners breaks the Academy Awards' nomination record with 16 nominations, surpassing the previous record of 14, held by three films
Discussion:
Variety, Hollywood in Toto, The Guardian, ABC7, Paste, Gold Derby, The Wrap, AllHipHop, Decider, Deadline, HOLA!, San Francisco Chronicle, Capital B News, Offscreen Central, Gizmodo, Patrick Mulhearn on LinkedIn, Screen Rant, Slate, El País, Inverse, Chloe Chudasama on LinkedIn, People, MacRumors, Benzinga, Screen, Mashable, Times Now, Tom's Guide, NPR, Entertainment Weekly, LaineyGossip, Forbes, W, Elle, Vanity Fair, Consequence, Queerty, Awful Announcing, Axios, Dread Central, Bossip, PinkNews, Adweek, Kotaku, The Indian Express, FemaleFirst, New Republic, Essence, Comic Book, The Oaklandside, Mercury News, Marin Independent Journal, New York Times, The Hollywood Reporter, Global News, @hunterwalk.com, TV Insider, Dexerto, CBC News, Associated Press, Rolling Stone, ABC, Page Six and Collider
