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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Dan Whateley / Business Insider:
Memo: TikTok CEO Shou Chew hailed the establishment of the TikTok USDS JV as “great news”, and said the app is used by 200M US users and 7.5M US businesses — - TikTok has finalized a deal to keep its business operating in the US. — The deal, a US joint venture …
Discussion:
Dan Whateley on LinkedIn, The Economic Times, ChannelX, The Register and Livemint
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%
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%
Discussion:
AzerNews, Tech in Asia, mxdwn Music, CNN, South China Morning Post, Washington Post, IJR, Sharecafe, KCRG-TV, From Afar, Yahoo Finance, PYMNTS.com, Vogue, Breitbart, Reuters, ZeroHedge News, Search Engine Land, Nikkei Asia, Business Insider, Retail TouchPoints, Los Angeles Times, DatacenterDynamics, Marketing Dive, The American Bazaar, Music Business Worldwide, Jakarta Globe, MacRumors, Blockonomi, BMI, The Nation Newspaper, Bizcommunity, Variety, The Standard, The Mainichi, Livemint, RTHK, RNZ, Korea Joongang Daily, CGTN, DigiTimes, Daily Mail, Fortune, UPI, Fox Business, ANI News, SiliconANGLE, CBC News, Washington Examiner, Dow Jones Newswires, Barron's Online, The Hill, ABC, Agence France-Presse, France 24, Times of India, The Information, The Hollywood Reporter and The National
Benjamin Lindsay / The Wrap:
Memo: WaPo won't send sports staffers to cover the Winter Olympics in Italy, as it assesses financial priorities for 2026, following reports of expected layoffs — Managing Editor Kimi Yoshino says the decision to not send reporters to the Milano Cortina 2026 Games comes after assessing financial priorities for the year
Discussion:
New York Times, @maxwelltani, @robpegoraro.com, @bgrueskin.bsky.social, Awful Announcing, @sturgissports, @bypatforde, @kallesorbo, @cbrennansports, @seungminkim, @waywardwinifred, @mccartneywp, @richarddeitsch, @stephstradley, @sportingtrib, @brendandarr, @mpjones1, @theaoster, @kevinmdraper, @benmullin and @bgrueskin.bsky.social
Siladitya Ray / Forbes:
Late-night TV hosts Jimmy Kimmel and Stephen Colbert criticized FCC Chair Brendan Carr for the FCC's new guidance on “equal time” rules for political candidates — Topline — Late-night hosts Jimmy Kimmel and Stephen Colbert on Thursday night responded to the Federal …
Discussion:
Federal Communications Commission, @cherieanne.bsky.social, Mediaite, Hollywood in Toto, TV Insider, LateNighter, @SteveThompson@mastodon.social, The Hollywood Reporter, Reality Tea, Entertainment Weekly, New York Post, Deadline, People, Newsbusters, Fox News, The Hollywood Reporter, Fox News, Townhall, Mashable, Raw Story, The Wrap and The A.V. Club
Dan Kennedy / Poynter:
Steven Waldman of Rebuild Local News estimates US local newsrooms will get ~$74M from state governments, but CA, MA, NJ, and NY efforts have fallen short — Steven Waldman of Rebuild Local News is optimistic but warns that action is needed now because ‘the house is on fire’
Laura Kelly / The Hill:
Sources: Ali Javanmardi, VOA's Persian-language service advisor, is accused of censoring coverage of Iran's exiled crown prince due to a personal political bias — Editor's note: An earlier version of this article mischaracterized Crown Prince Reza Pahlavi's most recent call for anti-government protests.
Politico:
The 8th Circuit rejects a DOJ bid to revive rejected warrants for Don Lemon and four others whom the DOJ claims illegally entered a St. Paul church last weekend — Micko did authorize arrest warrants for three people whom prosecutors described as leaders of the intrusion into the church …
Manish Singh / India Dispatch:
HSBC: JioHotstar had 300M paying subscribers in India in 2025, compared with 65M for Amazon Prime Video and 20M for Netflix; ~24% of OTT users pay for content — Amazon Prime Video has more than three times the subscribers as Netflix in India, according to HSBC.
Discussion:
Times Now
Matthew Belloni / Puck:
Source: Amazon plans to spend $35M+ on marketing Brett Ratner's Melania Trump documentary, which it paid $40M for, huge sums for the medium — On top of the $40 million Amazon ponied up for Brett Ratner's docu-hagiography, the studio is spending another $35 million to open it in 27 countries …
Discussion:
The Hollywood Reporter, Joe.My.God., Page Six, The Indian Express, RADAR, @badideas.bsky.social, Washington Post, One America News Network, Mediaite, The Hill, @pkafka, @daveweigel, Status, HOLA!, Raw Story, Reality Tea, @hunterwalk.com, Matthew Belloni on LinkedIn, Breitbart, Mirror, The Daily Caller and IJR
Zach Montague / New York Times:
Unsealed court documents show the Trump administration revoked Tufts student Rumeysa Ozturk's visa based on her op-ed in the Tufts Daily student paper — Documents unsealed by a federal judge on Thursday include dossiers that investigators prepared on pro-Palestinian student activists before they were targeted for deportation.
Discussion:
The Intercept, @pkafka, @reichlinmelnick, @pauleric70.bsky.social, @prem_thakker, @adamsteinbaugh, @pebonilla, Drezner's World, Raw Story, @jstreetdotorg.bsky.social, Freedom of the Press …, FIRE, @splc.org, The Independent, ABC News, @hannahgais.bsky.social, @hannahgais.bsky.social, Mediaite, Washington Post, @brizzyc.bsky.social, New Republic and The Boston Globe
Robin Pogrebin / New York Times:
Anonymous Content, the production company whose lead investor is Emerson Collective, names Ford Foundation ex-president Darren Walker as president and CEO — Anonymous Content, a production company whose top investor is Laurene Powell Jobs's Emerson Collective, has named Darren Walker as president and chief executive.
Discussion:
Variety, The San Francisco Standard, The Wrap, Deadline and The Hollywood Reporter
Jason Gutierrez / New York Times:
A Philippine court sentenced journalist Frenchie Mae Cumpio to 12 to 18 years in jail on charges that media advocates call fabricated; she is expected to appeal — Frenchie Mae Cumpio and her former roommate were convicted of financing terrorism and sentenced to up to 18 years in prison.
