Top News:

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, @wexler, The Daily Wire, Blaze Media, @bariweiss, Instapundit, TVNewsCheck, @willoremus.com, New York Times, @marcacaputo, @armanddoma, New York Post, @liz_wheeler, @mkhammer, @mcuban, Fortune, @firstadopter, @asymmetricinfo, @brianstelter, @nytimespr, @mjnblack, @doge, The Dispatch, CBS News, RedState, @apbioonly, @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 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.
Discussion:
Rolling Stone, Reuters, Fox News, New York Times, Townhall, The Daily Wire, @ewerickson, @bresreports, @politico, @brianstelter, @stevenoverly, @jimgeraghty, @natsfert, @adamwren, @zachary, @zachschermele, @joanwalsh, PolitiFact, Associated Press, 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:
HuffPost, New Republic, Poynter, @isabelsantos.bsky.social, @elonmusk, @jason, @rikkiratliff, @mtaibbi, @rubinreport, @armanddoma, @ryangrim, @nancyscola, @elonmusk, @mehdirhasan, @krassenstein, @billackman, @lhfang, @cabot_phillips, @billybinion, @jeremymbarr, @ike_saul, @peterschiff, @armanddoma, CNN, Townhall, Raw Story, RedState, @brianstelter, @realDonaldTrump …, 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

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

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.

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

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

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 …

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.

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 — Overall earnings for the period smashed Wall Street expectations. — However, the Q4 ad revenue figure fell short of analyst expectations of $17.4 billion, per StreetAccount.

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.

Sources: CNN's contract to expand in Qatar includes Qatar compensating CNN several million dollars a year; CNN: editorial content is “entirely independent” — The financial arrangement raises concerns about the network's ability to report freely on the Gulf state and the region

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 — News Corp estimates that The Sun's global online audience more than halved in a year to the end of 2024.
Discussion:
@adavid@aus.social and Reuters
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Meta hires Henry Rodgers, chief national correspondent at The Daily Caller, to help the company shape its public policy; Rodgers has covered Trump closely — Mark Zuckerberg has hired Henry Rodgers to help the company shape its “public policy” — Meta has hired Henry Rodgers …
Discussion:
@henryrodgersdc, TVNewsCheck, BGR, @mikeisaac and TechCrunch, more at Techmeme »

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:
CNN, Mediaite, Status, @aidnmclaughlin, @mherskovitz, Megyn Kelly, Washington Examiner, @realDonaldTrump …, Reason, Barrett Media, New York Post, @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, freebeacon.com, New York Times and Twitchy