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3:45 PM ET, February 6, 2025

Mediagazer

 Top News: 
Politico:
Politico's EIC and CEO say the company has never received any government funding, and agencies that subscribe to Politico Pro do so through standard processes  —  POLITICO has been the subject of debate on X this week.  Some of it has been misinformed, and some of it has been flat-out false.
RELATED:
Isabella Kwai / New York Times:
Trump amplifies a conspiracy theory that “billions” in USAID and other agencies' funds were stolen to pay Politico and others for positive coverage of Democrats  —  President Trump spread unfounded claims that the government had paid Politico and other news media outlets for positive coverage of Democrats.
Axios:
White House Press Secretary Karoline Leavitt, answering claims that USAID spent millions on Politico Pro, says DOGE will cancel $8M in Politico subscriptions  —  - Right-wing personalities are using USAspending.gov to dig up more payments from the government to media organizations …
RELATED:
Brian Steinberg / Variety:
Trump calls on CBS to “terminate” 60 Minutes, and says “CBS should lose its license”, amid his $10B lawsuit against CBS over the Kamala Harris interview  —  President Donald Trump called on CBS to cancel its long-running newsmagazine, “60 Minutes,” …
Benjamin Mullin / New York Times:
FCC Chair Brendan Carr releases the CBS Harris transcript and seeks comment on a complaint about a CBS station; commissioner Anna Gomez calls the moves reckless
Charlotte Klein / New York Magazine:
The Bulwark had its first profitable year in 2024, and its Substack, which has 76K paid subscribers, is gaining 700 to 1,000 paid subscribers every day or two  —  The explosive success of The Bulwark.  —  It was the day after Donald Trump's inauguration, and Tim Miller was struggling …
Charlotte Tobitt / Press Gazette:
News Corp says The Sun's global online audience fell from 143M monthly unique users in Dec. 2023 to 70M in Dec. 2024; NY Post fell 27% YoY to 90M in Dec. 2024  —  Sun global website traffic has halved in the space of a year.  —  News Corp estimates that The Sun's global online audience more than halved in a year to the end of 2024.
Discussion: Reuters and The Wrap
RELATED:
Mark Sweney / The Guardian:
The British Film Institute: UK broadcasters slashed their spending on high-end TV shows to the lowest level since 2015, while US streamers increased spending  —  Channel 4, Channel 5 and Sky also among UK broadcasters making cuts as Netflix, Disney and Amazon pile on pressure
Discussion: WORLD SCREEN and Deadline
RELATED:
Ernie Smith / Tedium:
WBD releases more than 30 movies on YouTube for free across five channels over the past month, apparently without DRM; some are gems, some are stinkers  —  A major studio is apparently treating YouTube as a place to drop some of its archive films that have lost their cinematic luster.
Mia Sato / The Verge:
StackCommerce, an online shopping platform creating affiliate marketing content, acquired Reviewed from Gannett on December 1 after its shutdown in August 2024  —  Now, it's back from the dead under a new owner. … Now, it's back from the dead under a new owner.
Discussion: The Information
Georg Szalai / The Hollywood Reporter:
Spotify and Warner Music sign a multi-year deal that covers recorded music and music publishing and “delivers new benefits for artists, songwriters, and fans”  —  “This major agreement delivers new benefits for artists, songwriters, and fans, while unlocking further collaboration that expands the music ecosystem.”
Erik Hayden / The Hollywood Reporter:
Filing: Disney lowers its content spending estimate, including for sports rights, for FY 2025 by $1B to ~$23B; for FY 2024, Disney's content spend was $23.4B  —  As Wall Street analysts parse its earnings beat and stagnate streaming subscriber growth, the company revises its spending expectation …
Lucas Shaw / Bloomberg:
Warner Music buys a controlling stake in Tempo Music, which owns the song rights of Bruno Mars, Adele, and more; a source says the deal values Tempo at $450M  —  - Warner is acquiring a controlling stake in Tempo Music  — Tempo owns all or parts of songs by many top hitmakers
 
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 More News: 
Elsa Keslassy / Variety:
Streaming services are negotiating with French film guilds to reduce waiting period for new theatrical releases, following Disney+'s deal to shorten its window
 Earlier Picks: 
Wall Street Journal:
Sources: OpenAI is expected to air its first TV ad during Sunday's Super Bowl; MediaRadar: AI companies spent $332M on ads in 2024, over double their 2023 spend
Todd Spangler / Variety:
Burnie Burns, a co-founder of online video pioneer Rooster Teeth, says his company, Box Canyon Productions, acquired the Rooster Teeth brand and assets from WBD
Mark Gurman / Bloomberg:
Sonos is laying off about 200 employees, or 12% of its staff, as it reorganizes to make its product teams “flatter, smaller, and more focused”
Kyle Buchanan / New York Times:
How online Oscar scandals have caught awards strategists who once influenced via whisper campaigns flat-footed, as Netflix struggles to deal with Emilia Pérez
 

 
From Techmeme:

Alex Harring / CNBC:
SpaceX debuts on the Nasdaq at $150, after pricing at $135, making Elon Musk the world's first trillionaire; SPCX is up ~30% intraday, for a ~$2.3T market cap

Cecilia Kang / New York Times:
Google sues Chinese cybercrime network Outsider Enterprise, accusing it of using Gemini to create fake websites and scam hundreds of thousands of Americans

Luc Cohen / Reuters:
Sam Bankman-Fried loses his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of FTX
 
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