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9:00 AM ET, December 8, 2025

Mediagazer

 Top News: 
Lucas Shaw / Bloomberg:
Sources: Ted Sarandos met with President Trump in November, and both agreed WBD should go to the highest bidder; Sarandos argued that Netflix wasn't a monopoly  —  Netflix Inc. co-Chief Executive Officer Ted Sarandos ventured to the White House in mid-November for a meeting with President Donald Trump.
RELATED:
Bloomberg:
President Trump says Netflix's WBD deal has “got to go through a process”, its big market share “could be a problem”, and he will be involved in the decision  —  US President Donald Trump raised potential antitrust concerns around Netflix Inc.'s planned $72 billion acquisition …
Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4
Alex Sherman / CNBC:
Documents and a source: WBD CEO David Zaslav's stock in WBD would be worth close to $660M if the Netflix deal closes
Alex Weprin / The Hollywood Reporter:
The Academy reports fiscal 2025 revenues of $269.2M, up from $263.1M in 2024, after cutting expenses from $220.1M to $208.1M; Oscars revenue grew to $150.5M  —  “It is so important that we continue to diversify revenue streams and control expenses to allow for a sustainable and impactful future," Academy CEO Bill Kramer tells THR.
Discussion: Variety
Matt Donnelly / Variety:
A look at the auction for the Oscars' TV rights, as sources say Netflix is out, NBCUniversal gains ground, and YouTube and ABC remain active bidders  —  There are eight weeks left on the holy Hollywood awards calendar until Oscar nominations are announced, and it's not just artists and craftspeople hunting for trophies.
Megan Graham / Wall Street Journal:
WPP Media expects global ad revenue, excluding US political ads, to grow 8.8% YoY in 2025 to $1.14T, and says AI investment drives more spending than expected  —  A new report from WPP Media says global ad revenue will reach $1.14 trillion this year  —  Advertising spending will grow …
Max Tani / Semafor:
Source: OpenAI privately complained to NBC News that the author of a story about OpenAI pressuring nonprofits was backed by a nonprofit involved in the story  —  The Scoop  —  Last month, NBC News broke the news that the artificial intelligence behemoth OpenAI had quietly issued a series …
Variety:
The WGA, which routinely opposes media mergers, says the Netflix-WBD deal must be blocked, and the Producers and Directors guilds express concern over the deal  —  SAG-AFTRA says proposed pact raises ‘serious questions about its impact on the future of the entertainment industry’
RELATED:
Jody Godoy / Reuters:
Congressional Democrats and Republicans criticize the Netflix-WBD deal, saying it would raise streaming subscription prices and lessen workers' pay and control
Katie Campione / Deadline:
SAG-AFTRA puts off taking a position on the Netflix-WBD deal but says a deal benefiting its members “must result in more creation and more production, not less”
John Koblin / New York Times:
Netflix's WBD deal should quiet concerns, for now, from CNN employees worried about the prospect of Paramount combining CBS News and CNN in a WBD acquisition  —  The prospect of Paramount's buying Warner Bros. Discovery had led CNN journalists to wonder if the channel may be combined with CBS News.
Pamela McClintock / The Hollywood Reporter:
A look at Paramount's culture shift under David Ellison, where the focus is on male-driven action movies, and not on prestige films seen as critics' darlings  —  It's a brand-new day at the legacy studio, where prestige films are out, testosterone-heavy tentpoles are in and Brett Ratner is back on the call sheet.
RELATED:
Oliver Darcy / Status:
Sources: David Ellison's interference in WBD's failed summer talks to extend HBO Max's South Park licensing deal left David Zaslav distrustful of Ellison
Dominic-Madori Davis / TechCrunch:
A look at Hamlet, a startup that uses AI to process local government meeting videos and which plans to provide the tool to local journalists for free  —  The launch of Hamlet was quite personal for Sunil Rajaraman.  —  Back in 2022, he ran for city council in a small California town.
Kat Tenbarge / Wired:
Some Reddit moderators say a surge of AI slop on the site is eroding its authenticity and could lead to a feedback loop of AI models training on AI content  —  Reddit is considered one of the most human spaces left on the internet, but mods and users are overwhelmed with slop posts in the most popular subreddits.
 
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 More News: 
Humeyra Pamuk / Reuters:
The Trump administration orders enhanced vetting of H-1B applicants and their families for past work in “censorship”, including fact-checking and online safety
 Earlier Picks: 
Chris Kerr / Game Developer:
WBD confirms that Netflix is set to acquire Warner Bros. Games along with its wider streaming and TV business
Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.
 

 
From Techmeme:

Debby Wu / Bloomberg:
Jensen Huang says Nvidia's OpenAI investment will be “the largest investment we've ever made”, after a report said plans to invest $100B in OpenAI stalled

Simon Willison / Simon Willison's Weblog:
A look at Moltbook, a social network where OpenClaw assistants interact autonomously, as they discuss consciousness and identity, technical tips, and more

Molly Taft / Wired:
Global Energy Monitor: over 97 GW of gas-fired power in the US pipeline were explicitly earmarked for data centers in 2025, compared with just 4 GW in 2024
 
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