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Sources: Netflix is expected to bid for the US broadcast rights to Formula 1 starting from the 2026 season; ESPN currently holds the rights under a $90M deal — Streaming platform looking to capitalise on success of Drive to Survive series in America with their first attempt to secure season-long mainstream sports rights

Email: the White House orders the GSA to terminate “every single media contract” expensed by the agency and all contracts for Politico, BBC, E&E, and Bloomberg — - The discovery, made through a U.S. government spending database that has long been publicly available …
Discussion:
Columbia Journalism Review, The Hill, @jael.bsky.social, @tomwellborn3.bsky.social, @TomWellborn@universeodon.com, A Media Operator, Reporters Without Borders, @willoremus.com, @armanddoma, @mkhammer, @bariweiss, New York Times, @mcuban, Fortune, The Daily Wire, @wexler, Blaze Media, Instapundit, TVNewsCheck, @marcacaputo, @liz_wheeler, @firstadopter, @asymmetricinfo, @brianstelter, @nytimespr, New York Post, CBS News, @mjnblack, @doge, @apbioonly, The Dispatch, RedState, @kagrox.bsky.social, @barbarasobel.bsky.social, @hallijayne.bsky.social, @lawrencehurley.bsky.social, Mediaite, The Post Millennial, @nkLottery@shakedown.social and The Gateway Pundit, more at Techmeme »
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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'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
Discussion:
Rolling Stone, New York Times, Tilting At Windmills, The Atlantic, Townhall, Wall Street Journal, Reuters, Fox News, @bresreports, @politico, @ewerickson, Time, The Daily Wire, @brianstelter, @stevenoverly, @jimgeraghty, @natsfert, @adamwren, @zachary, @zachschermele, @joanwalsh, PolitiFact, Twitchy, @w7voa.journa.host.ap.brid.gy, Beth Diaz on LinkedIn, CNN, HotAir, @timbays.bsky.social, @suellentrop.bsky.social, The Post Millennial, The Hill, MeidasTouch News, Fox News and Axios
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
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
Discussion:
The Ankler, Washington Examiner, Poynter, New Republic, @isabelsantos.bsky.social, HuffPost, @elonmusk, @jason, @rikkiratliff, @mtaibbi, @rubinreport, @armanddoma, @ryangrim, @nancyscola, @elonmusk, @mehdirhasan, @krassenstein, @billackman, @lhfang, @cabot_phillips, @billybinion, @jeremymbarr, @ike_saul, @peterschiff, @armanddoma, @brianstelter, Townhall, Raw Story, @realDonaldTrump …, RedState, CNN, Breitbart, DNyuz, Daily Kos, @sanleekelly.bsky.social, Hollywood Life, The Wrap, The Guardian, @cheetah.bsky.social, @parkermolloy.com, OpenTheBooks, The Independent, @stuartathompson.bsky.social, @stuartathompson.bsky.social, Althouse, @willsommer.bsky.social and Newser

WBD took $300M in gaming writedowns in 2024; current and former staff blame a lack of a strong, cohesive vision during former games chief David Haddad's tenure — Last year, Warner Bros. Discovery took $300 million in losses on gaming. The near future is rife with additional challenges.
Discussion:
Jeremy M. on LinkedIn, @jmrivera.bsky.social, GamesRadar, @neemoahtoad, Neowin, PlayStation LifeStyle, Jason Schreier on LinkedIn, @tanner_slavin, @batman_beware, Metro.co.uk, @harleysuniverse, @bryantfrancis.me, Comic Book, Wccftech, @knoebel.bsky.social, @branzellan.bsky.social and Insider Gaming, more at Techmeme »

Netflix will not release a nine-hour documentary about Prince after the company and the artist's estate came to a “mutual agreement” — Nine-hour film will not be seen, after ‘mutual agreement’ between estate and Netflix, with estate announcing plans for its own film
Discussion:
@prince, TVNewsCheck, People, The Verge, Vanity Fair, Los Angeles Times, Variety, Decider, @twinklebutt.bsky.social, AllHipHop, @7sleepersmusic@mastodon …, @fauxbeatpoet, WBLS, The Wrap, @hunterwalk.com, The Streamable, Consequence, UPROXX, Vibe, Rolling Stone, Oh No They Didn't!, Deadline, Billboard, The Hollywood Reporter, KRDO and World of Reel

The CPB awards a $1M grant to Harvest Public Media, a journalism collaboration led by Kansas City's KCUR to cover agricultural and rural issues — Journalism collaboration led by KCUR covers agricultural and rural issues — The Corporation for Public Broadcasting (CPB) …
Discussion:
@mediaevan.bsky.social, @mediaevan, RADIO ONLINE, Radio Ink, Inside Radio and Current

Memo: ahead of its Skydance merger, Paramount Global pauses some major events in 2025, including MTV EMAs, to “reimagine and optimize” the events slate — “We look to reimagine and optimize our events slate going forward,” reads a staff memo obtained by THR.
Discussion:
TVNewsCheck, Billboard, Rolling Stone and Just Jared

Samba TV: in H2 2024, 43% of total SVOD subscribers had an ad-supported plan; 56% of new subscribers chose an ad tier, including 78% of new Peacock subscribers — In the second half of 2024, 43% of total SVOD subscribers had an ad-supported plan. The share is increasing …
Discussion:
TVNewsCheck, @deadline and TV Tech

Tests show DeepSeek's chatbot often hallucinates URLs in citations and admits that sharing news articles' content could violate copyright and paywall policies — The DeepSeek hype cycle is in full force, but can the chatbot attribute sources more accurately than its competitors?
Discussion:
The Cyber Express, Publishing Perspectives, @andrewdeck.bsky.social and Bloomberg

Sources: Amazon MGM Studios plans to launch an international theatrical distribution arm; its foreign output deal with Warner Bros. stops at the end of 2025 — The studio's current foreign theatrical output deal with Warner Bros. ends at the end of this year.
Discussion:
The Wrap
Hearst:
Hearst is rolling out AURA, its first-party ad targeting tool, to the UK, Italy, the Netherlands, and Spain, after a US launch eight months ago — The announcement was made by Hearst Magazines President Debi Chirichella and Global Chief Revenue Officer Lisa Ryan Howard.

Leaders in Russia, Hungary, and more applaud USAID's funding freeze affecting independent news outlets; the 2025 US foreign aid budget included $268M for media — Independent outlets in former Soviet Union are poised to be hurt by temporary shut down at key US agency
Discussion:
New York Times, HotAir, EADaily, @ianfraser.bsky.social, Breitbart, @tobyvogel.bsky.social, @amuse and Fox News

X partners with adtech company Magnite to boost programmatic ad sales; Magnite joins Google and PubMatic as official third-party sellers of X's ad inventory — - Elon Musk's X is working with the adtech company Magnite to boost programmatic ad sales. — Magnite is a large supply-side platform …

A look at Emily Sundberg's business and culture newsletter, Feed Me, with ~60K subscribers including Matt Levine, Joe Weisenthal, and VC Kirsten Green — It took about three minutes for Emily Sundberg to secure an invitation to her first inauguration party in Washington this January.

A look at Trump's assault on CBS, and more broadly, how he and allies seek to pressure the media to punish it and to inhibit its ability to check the president — The television news magazine 60 Minutes — the most storied and profitable show in the history of CBS News …
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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
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
Discussion:
Mediaite, Status, New York Post, @IveyJanette@mastodon.social, Las Vegas Review-Journal, CNN, @aidnmclaughlin, @mherskovitz, Megyn Kelly, Reason, Washington Examiner, @realDonaldTrump …, Barrett Media, @mergerson.bsky.social, The Daily Beast, Blaze Media, Daily Mail, @robowentv.bsky.social, The Wrap, New Republic, @willharrisinva.bsky.social, Fox News, Townhall, Axios, The Daily Wire and freebeacon.com