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4:10 PM ET, February 8, 2025

Mediagazer

 Top News: 
Thomas Germain / BBC:
An Adalytics report shows how ad systems run by Google, Amazon, Microsoft and others inadvertently placed ads on a website that hosts CSAM  —  Some of the biggest tech companies in the world served ads on a website featuring images of child abuse, helping to fund its operations.
RELATED:
James Hercher / AdExchanger:
Senators Blackburn and Blumenthal write to Amazon, Google, and others demanding fixes after a report said the companies facilitated ads on pages with CSAM  —  On Friday, Sens. Marsha Blackburn (R-Tenn) and Richard Blumenthal (D-Conn) sent co-written letters to Amazon, Google, Integral Ad Science …
Kipp Jones / Mediaite:
Memo: the Pentagon adds CNN, WaPo, The Hill, and The War Zone to its eviction list, replaced by Washington Examiner, The Free Press, Daily Caller, and Newsmax  —  The US Defense Department announced Friday night that it would double the number of news organizations that would be removed …
Winston Cho / The Hollywood Reporter:
Filing: five New York pension funds have sued Paramount Global, seeking a preliminary block on Paramount's Skydance merger and alleging breach of fiduciary duty  —  A Delaware court ruled that Paramount must produce records that could lay the groundwork for more lawsuits from investors challenging …
Discussion: Variety, The Desk and Bloomberg
Dato Parulava / Politico:
The Georgian parliament plans to introduce a new bill to “define the standards of media objectivity and ethics” and ban foreign funding for media altogether  —  Georgian authorities are doubling down on media and civil society groups, putting forward a range of new restrictions apparently inspired …
Carolyn Giardina / Variety:
Sources: the Academy of Motion Picture Arts and Sciences is considering changing its Oscar submission requirements to make disclosing films' use of AI mandatory  —  The use of AI in best picture contender “The Brutalist” recently grabbed headlines and ignited controversy …
Martyn Ziegler / The Times:
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
Ted Johnson / Deadline:
President Trump amends his CBS lawsuit, alleging 60 Minutes' Kamala Harris interview unfairly diverted viewers from Truth Social, and ups damages claim to $20B  —  Donald Trump filed an amended lawsuit against CBS late Friday, adding a series of new claims over the network's edits in a 60 Minutes interview with Kamala Harris.
Anthony D'Alessandro / Deadline:
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
Jason Schreier / Bloomberg:
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.
Georg Szalai / The Hollywood Reporter:
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.
 
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 More News: 
Jessica Testa / New York Times:
A look at Emily Sundberg's business and culture newsletter, Feed Me, with ~60K subscribers including Matt Levine, Joe Weisenthal, and VC Kirsten Green
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
Ben Beaumont-Thomas / The Guardian:
Netflix will not release a nine-hour documentary about Prince after the company and the artist's estate came to a “mutual agreement”
 Earlier Picks: 
Matthew Kassel / Jewish Insider:
Sources: CNN's contract to expand in Qatar includes Qatar compensating CNN several million dollars a year; CNN: editorial content is “entirely independent”
Christopher Palmeri / Bloomberg:
A California state court issues a temporary restraining order stopping Sony from taking Jeopardy! and Wheel of Fortune distribution rights away from CBS
Todd Spangler / Variety:
Amazon reports Q4 ad revenue up 18% YoY to $17.29B, vs. $17.4B est., and subscription services revenue up 10% YoY to $11.51B
Axios:
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
 

 
From Techmeme:

Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at almost $1.77T

Katherine Blunt / Wall Street Journal:
Alphabet upsized its equity raise to $84.75B, including $35B in underwritten public offerings, up from a planned $30B; a source says it contacted ~75 investors

Carl Franzen / VentureBeat:
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory

 
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