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4:45 PM ET, January 10, 2025

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 Top News: 
Alex Weprin / The Hollywood Reporter:
Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels  —  The sports-focused streaming service will not move forward, the companies said Friday.  —  Venu is dead.
RELATED:
CNBC:
Sources: Venu's cancellation came after the companies decided it was better to avoid the risk of an extended lawsuit that could jeopardize bundling in general  —  - News Tips  —  Got a confidential news tip?  We want to hear from you.  — CNBC Newsletters
Greg Stohr / Bloomberg:
SCOTUS signals it is likely to uphold the TikTok divest-or-ban law, as a majority of justices suggested they see national security overriding free speech issues  —  - Roberts points to parent company's close ties to China  — Law would ban TikTok on Jan. 19 if ByteDance doesn't sell
RELATED:
Wired:
A live blog where The US Supreme Court heard oral arguments in TikTok's appeal against the divest-or-ban law  —  We're tuning in live as the justices consider what could be one of the most consequential First Amendment rulings of the past several decades.  —  The US Supreme Court is expected …
New York Times:
Sources detail Zuckerberg's sprint to remake Meta after meeting with Trump at Thanksgiving; he no longer wants to keep his views of how Meta should be run quiet  —  After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta's speech policies.
Denny Jacob / Wall Street Journal:
Former WWE boss Vince McMahon reaches a $1.7M settlement with the SEC over his failure to properly disclose payments linked to sexual misconduct allegations  —  Wrestling entrepreneur settles charges he failed to properly disclose payments to women alleging sexual misconduct
Jon Keegan / Sherwood News:
A case study of the amount and kinds of ads in 12 shows on the ad-supported tiers of Netflix, Peacock, Disney+, Max, Paramount+, and Hulu  —  We watched 12 shows on six platforms to find out how much of your life you give up to save a few bucks each month.  —  7H  —  It's getting harder to avoid ads on streaming video.
Cecilia D'Anastasio / Bloomberg:
More than half a dozen celebrity video game streamers returned exclusively to Twitch in 2024, after their multimillion-dollar YouTube and Kick contracts expired  —  YouTube, Kick offered multimillion-dollar deals but viewers didn't necessarily follow.  —  Video-game influencers are returning …
Discussion: Dexerto and @cecianasta
Nate Silver / Silver Bulletin:
Fact-checking has long been a part of every journalist's job, and having some journalists designated as misinformation experts hasn't benefited journalism  —  “Fact-checkers” as the high priests of journalism had a political beginning at Facebook — and have met a political end.
Alex Weprin / The Hollywood Reporter:
Apple releases season 1 of Severance, one of its biggest TV shows, on the free Roku Channel to lure new Apple TV+ subscribers; the promotion ends on January 19  —  Apple is using the Adam Scott thriller to try and drive new subscribers to its streaming service, following a number of moves …
 
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 More News: 
Aisha Counts / Bloomberg:
Sources: OpenAI, Google, and other companies are collectively paying hundreds of content creators for access to their unpublished videos to train AI models
Ben Smith / Semafor:
Vogue Arabia's publisher Nervora filed a US lawsuit last summer claiming Condé Nast improperly terminated their licensing arrangement
Reuters Institute:
Reuters Institute global survey of media leaders: 41% are confident about journalism prospects in 2025, 74% worry about a decline in search referrals, and more
Kyle Wiggers / TechCrunch:
Court docs: Mark Zuckerberg approved the Meta team that trains AI Llama models to use data from LibGen, a “links aggregator” to pirated, copyrighted material
 Earlier Picks: 
Ashley Carman / Bloomberg:
Internal data: Spotify had ~55M US subscribers as of Q3 2024, of which only ~607,000 had switched to the cheaper “basic” plan that doesn't include audiobooks
Ben Strauss / @benjstrauss:
The NYT declines to recognize Athletic staff as part of the Times Guild but says it would recognize a separate bargaining unit; staff seeks an NLRB hearing
Brian Steinberg / Variety:
Sources: Amazon is exploring news show concepts, probably tied to events, such as Brian Williams' election special on Prime Video that drew ~4M viewers
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes

Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI

 
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