Top News:
Dominic Patten / Deadline:
Jeff Shell steps down as Paramount president and board member; a law firm report appears to clear him of claims that he shared confidential information — Back in April 2023, the exec lost his job as NBCUniversal CEO amidst allegations of inappropriate conduct with a female CNBC reporter.
Discussion:
Variety, Mediaweek, MediaPost, Paramount Skydance Corporation, CNBC, The Boston Globe, Vanity Fair, TheDesk.net, The Hollywood Reporter, Associated Press, Reuters, @termiteterraceclub …, The Wrap, Sports Business Journal, Screen, New York Post, @justinbaragona.bsky.social, Adweek, Sportico, Wall Street Journal, Cord Cutters News, New York Times, Los Angeles Times, Axios, @mhwilliams.bsky.social, @carlquintanilla.bsky.social, Sports Media Watch, @mattbelloni, Business Insider, @ericfinalfantasy.bsky.social, Bloomberg, Barrett Media, NewsMax.com and Media Play News
Wall Street Journal:
Sources: Disney is planning to eliminate as many as 1,000 positions in the coming weeks, many from the company's recently consolidated marketing department — Entertainment company is planning to eliminate as many as 1,000 positions in the coming weeks — Disney is preparing …
Lucas Manfredi / The Wrap:
Paramount launches Global Publishing, a new imprint tasked with developing original IP and content based on existing franchises like Star Trek and Yellowstone — The unit, which is led by Amy Jarashow and will initially launch in the U.S. and Canada, will develop content inspired …
Discussion:
The Hollywood Reporter, Deadline and Variety
Matthew Keys / TheDesk.net:
Court docs: California's DOJ warned Nexstar executives that the state's attorneys were scrutinizing Nexstar's Tegna bid more than a week before the deal closed — Attorneys with the State of California warned executives at Nexstar Media Group that their office was scrutinizing …
Lachlan Cartwright / Breaker:
Sources: CBS News has invited Pete Hegseth to sit at its WHCD table; Fox News plans to host Tulsi Gabbard and Sean Duffy, and NY Post will host Scott Bessent — New Netflix Book; Talese's Rare Read; Breaker Barometer … The New York Times and the Times Guild have finally put one foot forward today …
Reuters:
Greek Prime Minister Kyriakos Mitsotakis says Greece will ban social media access for kids under 15 from January 1, 2027, and calls for coordinated EU action — Greece will ban access to social media for children under the age of 15 from January 1, 2027, Prime Minister Kyriakos Mitsotakis said on Wednesday …
Ali Swenson / Associated Press:
US HHS Secretary Robert F. Kennedy Jr. announces he is launching a podcast, billing it as a new way to expose “corruption” and “lies” making Americans sick — Health Secretary Robert F. Kennedy Jr. is launching a new podcast that he says will begin …
Discussion:
@princess-vimentin.bsky.social, Mediaite, Originally Reported …, @jeremymberg.bsky.social, Talking Points Memo, Gizmodo, The Hill, The Daily Beast, New Republic, @aliswenson.bsky.social, @seckennedy, @gavinyamey.bsky.social, @firedbutfighting.bsky.social, Newsweek and Washington Examiner
Mia Sato / The Verge:
Around 150 ProPublica Guild members announce a 24-hour strike beginning on Wednesday, seeking protections around the use of AI, layoff protections, and more — The 24-hour work stoppage is the first time employees at the nonprofit have walked off the job.
Discussion:
The NewsGuild, @dwillis.bsky.social, @lizshuler.bsky.social, @mrfengi.bsky.social, @propublicaguild.org, @alexhanna.bsky.social, Poynter, @danhon.com, @karenho.bsky.social, @dwillis.bsky.social, The Wrap, @amreports.bsky.social, @ethanmarcotte.com, @beep@follow.ethanmarcotte.com, New York Times, @Theeo123@mastodon.social, @miasato.bsky.social, @propublicaguild@union.place, @newsguild.org, @nyguild.bsky.social and ProPublica Guild
Charlotte Tobitt / Press Gazette:
WSJ's head of video Maral Usefi explains its strategy focusing on original journalism, breaking news, explainers, live video, franchises, and IP-based projects — Head of video Maral Usefi explains six pillars of video strategy implemented in past six months.
Max Goldbart / Deadline:
BBC Studios partners with Panasonic Avionics to launch BBC Player, its first fully rights-cleared streaming platform specifically for the airline industry — BBC Studios has created what it is calling the first fully rights-cleared streaming platform developed for airlines.
Discussion:
@doctorwhopn.bsky.social, Broadband TV News and Advanced Television
Todd Spangler / Variety:
Patreon says it now has 7.6M paid podcast memberships and revenue generated by podcasters on the platform hit $629M in 2025, up 33% YoY — On Patreon, podcasts have become the largest content category in terms of revenue and they've continued their upward trajectory, says chief operating officer Paige Fitzgerald.
Discussion:
Tubefilter, Sarah Elizabeth Graham on LinkedIn, Digital Music News and @johnspurlock.com
Alice Brooker / Press Gazette:
Le Monde says it has seen a “significant amount of new revenue”, including via subscriptions, after licensing content to OpenAI, Perplexity, and Meta — Boss of French newsbrand says deals with OpenAI, Perplexity and Meta are paying off. — Publishers should be signing AI licensing deals …
Luisa Kroll / Forbes:
A profile of David Hoffmann, who has bought 40+ titles since 2022, has a 53% stake in Lee Enterprises, and plans to “save” papers through hyperlocal coverage — In just four years, billionaire entrepreneur David Hoffmann has gained control of 131 titles around the country including …
Discussion:
Luisa Kroll on LinkedIn, Tim Franklin on LinkedIn and St. Louis Business Journal
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