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1:50 AM ET, November 25, 2025

Mediagazer

 Top News: 
Sara Fischer / Axios:
President Trump says he “would not be happy” if the FCC lifted the broadcast ownership cap, contrasting FCC Chairman Brendan Carr's long-held position  —  President Trump said Sunday he “would not be happy” if the Federal Communications Commission lifted the national ownership cap …
Rob Golum / Bloomberg:
Filing: Sinclair offers to acquire Scripps for $7 a share in cash and stock, a 70% premium over Scripps' November 21 closing price of $4.12  —  Sinclair Inc., one of the largest US TV broadcasters, offered to acquire competitor E.W. Scripps Co. for $7 a share in cash and stock.
Bart Meijer / Reuters:
The EU unconditionally approves Omnicom's $13.25B all-stock deal to buy Interpublic, creating the world's largest ad agency to better compete with Big Tech  —  The EU Commission on Monday said it had unconditionally approved Omnicom Group's (OMC.N) $13.25 billion all-stock deal to buy rival Interpublic Group (IPG.N).
Erik Wemple / New York Times:
The White House now has conflicting approaches for AP journalists, restoring frontline access for AP photographers while continuing to exclude its reporters  —  The White House now has conflicting approaches for Associated Press journalists as it fights the news service in court over access to presidential events.
Jeremy Barr / The Guardian:
Documents released as part of Smartmatic's lawsuit against Fox News show the tensions between Fox News executives and Trump before and after the 2020 election  —  Even before the 2020 election, tensions were high between Fox News executives and Trump, new documents show
Anna Nicolaou / Financial Times:
Sources: Spotify plans to raise US subscription prices in Q1 2026, its first US price rise since July 2024, after increasing prices in other countries this year  —  Increase will come as music-streaming company aims for continued profitability  —  Spotify is preparing to raise US subscription prices …
Scott Nover / @scottnover:
[Thread] Politico is ending its print newspaper, which had been publishing three times a week while Congress is in session, at the end of the year  —  News: Politico is ending its print newspaper at the end of the year. “It no longer makes sense to continue publishing in print when the overwhelming majority of our audience consumes us electronically,” a company spokesperson told @washingtonpost.
Ben Cohen / Wall Street Journal:
PG-rated movies dominate the US Box Office, driven by films like A Minecraft Movie; an NRG study finds kids want a social experience with friends and family  —  The PG rating has become the king of the box office.  The entertainment business now relies on kids dragging their parents to theaters.
Discussion: American Thinker
Bloomberg:
Sources: music mogul David Geffen would net $500M+ in profit before taxes from a WBD sale at $25 per share; Geffen had bought ~30M shares at $7 to $8 per share  —  David Geffen, the billionaire media mogul, stands to reap more than $500 million in profit from the expected sale of Warner Bros. Discovery Inc.
Discussion: @tmtanalystanon and @lucas_shaw
Pew Research Center:
Pew: 57% of US adults ages 65+ prefer to watch their news, while among adults under 30, 45% prefer to get news by reading, 31% by watching, and 23% by listening  —  More Americans prefer to watch the news than read or listen to it By Emily Tomasik and Christopher St. Aubin The information environment …
RELATED:
Pew Research Center:
A survey of US adults on social media: 84% use YouTube, 71% Facebook, 50% Instagram, 37% TikTok, 32% WhatsApp, 26% Reddit, 25% Snapchat, 21% X, and 8% Threads
 
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 More News: 
Jake Kanter / Deadline:
Adam Levy, the BBC News' Washington DC-based news editor since March 2023, left earlier this month, sources say following complaints about his management style
Discussion: Fox News
Rebecca Rubin / Variety:
Universal's Wicked: For Good debuted with $150M in North America and $76M overseas in its opening weekend, the biggest global opening for a musical adaptation
 Earlier Picks: 
Sophie Culpepper / Nieman Lab:
A look at local podcast network City Cast, which is in 13 US cities after shutting down in two, has a staff of ~90, and is focusing on being personality-driven
Michael Savage / The Guardian:
Source: the BBC plans to expand its editorial standards committee, diluting conservative board member Robbie Gibb's influence, and create a deputy DG position
Jeff Horwitz / Reuters:
Filing: Meta axed research based on a Nielsen survey in 2020 that found evidence of social media harms, claiming the survey was tainted by the “media narrative”
 

 
From Techmeme:

Wall Street Journal:
Sources: OpenAI told staff it was ending the six-month “vesting cliff” that required new employees to work for at least six months before their equity vests

Bloomberg:
Sources: ServiceNow is in advanced talks to buy Armis, which helps businesses secure and manage IoT devices, in a deal that may value Armis at as much as $7B

Mike Butcher / Pathfounders:
Solve Intelligence, which offers generative AI tools to law firms for IP and patent law work, raised a $40M Series B, bringing its total funding to $55M
 
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