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10:30 AM ET, December 5, 2025

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 Top News: 
Daniel Thomas / Financial Times:
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, set to close after WBD splits into two companies in Q3 2026  —  Deal will transform US tech company into the dominant player in Hollywood  —  Netflix has agreed an $83bn takeover of Warner Bros Discovery …
Discussion: Adweek, CNN, Sportico, The Wrap, NPR, TVNewsCheck, TechCrunch, Screen Rant, IndieWire, Awful Announcing, Daily Mail, Reuters, Deadline, Netflix, Inc., The Guardian, New York Times, Mediaite, Variety, Neowin, Investopedia, Thurrott, GamesIndustry.biz, The Athletic, Irish Examiner, New York Sun, E! Online, Proactive, LAist, Benzinga, CNET, KSDK-TV, KitGuru, AppleInsider, My Nintendo News, PocketGamer.biz, IWCP Online, TV Insider, Mercer County Outlook, Entertainment Weekly, Dow Jones Newswires, Times of India, Pulse 2.0, Shelly Palmer, Forbes, @austincarr, ScreenCrush, 9to5Mac, The Standard, International Business Times, FlatpanelsHD, Finance Magnates, Agence France-Presse, Sports Business Journal, Anadolu Ajansı …, Eurogamer.net, Android Headlines, KVIA-TV, MMA Mania, Nerdist, Mirror US, WPXI-TV, The Independent, MacRumors, Quartz, ZeroHedge News, XboxEra, GQ UK, @jonathancohn.bsky.social, Advanced Television, Plain Dealer, Push Square, GamingBolt, Far Out Magazine, GameSpot, @bretbatson.bsky.social, Front Office Sports, Game World Observer, CBS News, Axios, Telegraph, The Hollywood Reporter, Deadline, TechRadar, thepeoplesmovies.com, Screen, Kotaku, CNBC, Broadband TV News, @kambole.bsky.social, @peter-eller10.bsky.social, Business Standard, @leafwarbler.bsky.social, @jackcarterbenjamin …, @pkafka, Engadget, BBC, @mgsiegler.com, @valiuz.bsky.social, Hypebeast, @lewisgoodall.com, Oman Observer, @joshsternberg.com, @uppergwladysblu.bsky.social, @netflix, Polygon.com, Barrett Media, Cord Cutters News, @jakevk.bsky.social, @irishoutsider.bsky.social, What's on Netflix, @thebarrylad.bsky.social, The Verge, Associated Press, Financial Post, Miami Herald, Barchart.com, The Boston Globe, Sharecast and Realscreen, more at Techmeme »
RELATED:
Tony Maglio / The Hollywood Reporter:
Netflix says it “expects to maintain Warner Bros.' current operations..., including theatrical releases for films”  —  Now that that's settled...  Netflix just solidified itself as the leading entertainment company (and then some), and all it cost was $83 billion.
Robert Channick / Chicago Tribune:
The Chicago Tribune sues Perplexity for copyright infringement, alleging Perplexity's platforms lift Tribune content verbatim and divert traffic from the paper  —  The Chicago Tribune filed a copyright infringement lawsuit Thursday in New York federal court against Perplexity AI …
RELATED:
Sara Fischer / Axios:
Meta strikes multiyear commercial AI data deals with news publishers, including CNN, Fox News, and Le Monde, to provide real-time answers in its Meta AI chatbot  —  Meta on Friday said it has struck several commercial AI data agreements with news publishers ranging from USA Today, People Inc. …
David Pierce / The Verge:
Yahoo launches Game Breakdowns in beta, offering AI-generated game summaries, stats, and play recaps, all updated live, to Yahoo Fantasy Plus subscribers  —  AI models are very useful for mining stats to see exactly what's going on in the game you're watching.
The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate  —  Ireland, Spain, Slovenia and the Netherlands pull out after decision not to hold vote on Israel's participation
Foo Yun Chee / Reuters:
The EU fines X €120M for breaching online content rules, the first fine under the DSA, citing issues like its deceptive blue checkmarks, after a two-year probe  —  Elon Musk's social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday …
Max Tani / Semafor:
Sources: Atlas Obscura's co-founders were pushed out of the company amid clashes with CEO Louise Story, who has trimmed staff and changed editorial strategy  —  The Scoop  —  Several months into Louise Story's tenure as CEO of Atlas Obscura, co-founders Joshua Foer and Dylan Thuras seemed pleased enough …
Jane Fonda / The Ankler:
Jane Fonda warns that a WBD merger in any form is an alarming escalation in media consolidation, threatening the entertainment industry and the First Amendment  —  Jane Fonda is a two-time Oscar-winning actress, producer and activist.  She earlier appeared on The Rushfield Lunch to announce …
 
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 More News: 
Wendy Davis / MediaPost:
The New York Times, AP, RCFP, and other media organizations back an effort to block a new Texas law requiring app stores to verify users' ages
Rick Porter / The Hollywood Reporter:
Versant says it has acquired Free TV Networks, which owns several digital broadcast and FAST channels, and INDY Cinema Group, which will fold into Fandango
Sara Fischer / Axios:
MS NOW, formerly MSNBC, plans to launch membership subscriptions in the summer of 2026, offering events, curated insights, and moderated community spaces
 Earlier Picks: 
James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal
Alex Weprin / The Hollywood Reporter:
CBS Evening News co-anchor Maurice DuBois will exit CBS News on December 18, as EIC Bari Weiss and President Tom Cibrowski overhaul the evening newscast
Mark Stenberg / Adweek:
Condé Nast licenses its content for use across Microsoft Copilot experiences and hires Vasanth Williams as its new chief product and technology officer
 

 
From Techmeme:

Casey Newton / Platformer:
An overview of the five years of Meta's Oversight Board, whose rulings on the relatively small number of cases that it hears have generally had limited impact

A.J. Vicens / Reuters:
US and Canadian agencies warn that Chinese hackers are using Brickstorm malware to penetrate and maintain backdoor access to unnamed government and IT entities

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson are retiring, and Jennifer Newstead, Meta's chief legal officer, will replace Adams in March
 
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