Top News:
CNBC:
Paramount launches a hostile bid to acquire WBD, offering WBD shareholders $30/share in a $108.4B all-cash deal; sources say WBD rejected the same bid last week — Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war …
Discussion:
Paramount Skydance Corporation, Variety, TV Tech, The Guardian, TechCrunch, Financial Times, Variety, Screen Rant, New York Times, TheDesk.net, The Guardian, Deadline, MediaPost, Mediaite, Axios, Associated Press, ABC, The Times, MobileSyrup, @deitaone, Benzinga, Nerdist, Awful Announcing, Digital Music News, @kerrymflynn, The Movie Blog, Wall Street Journal, The Moderate Voice, CNN, TBPN, /Film, Bloomberg, Lawyers, Guns & Money, @grynbaum, Investomania, MS NOW, Ars Technica, Business Insider, Fox Business, Reuters, The Streamable, No Film School, The Independent, Dow Jones Newswires, @ryanenos.bsky.social, masslive.com, Hollywood Life, NBC News, @sherman4949, Screen, The Hill, @obrien_kat@mastodon.world, @brianstelter, @karlbode.com, Inc.com, Pure Xbox, @mikeisaac, Forbes, PCMag, NPR, UPI, Breitbart, Thurrott, WTTG-TV, GamesIndustry.biz, Washington Times, Washington Examiner, Gizmodo, CBS News, Yahoo Finance, Engadget, Mirror US, France 24, The Information, Blockchain.News, Telegraph, Livemint, Comic Book, The Standard, KDFX-TV, Fortune, Quartz, @sherman4949, Barrett Media, @sarafischer, @stephentotilo.bsky.social, @danprimack, @newsguy.bsky.social, @franciswilkinson.bsky.social, @alaynatreene, @teroterotero, @danprimack, Entrepreneur, Straight Arrow News, Cord Cutters News, @mattmcneilshow.bsky.social, @renegadecut.bsky.social, @joecarlsonshow, Michael Quigley on LinkedIn, @sherman4949, @sherman4949, @panda-news.bsky.social, Pulse 2.0, @edmundlee, Canoe, @kcfennessy.bsky.social, @seldo.com, @rwmead.bsky.social, @sherman4949, @rosesbloom24.bsky.social, Sharecast, @sherman4949, Media Play News, @teroterotero, Sports Media Watch, @sherman4949, @kristoncapps.bsky.social, Gianna Barberia on LinkedIn, @sherman4949, @rabichakra.bsky.social, @fizzvstheworld.bsky.social, @sherman4949, today.rtl.lu, The Indian Express, @schooley.bsky.social, @msignorile.bsky.social, @lucas_shaw, @markjacob.bsky.social, @brianstelter, @annmlipton@esq.social, @robertscotthorton.bsky.social, @bgrueskin.bsky.social, @laurenshirsch, @lucas_shaw, @sternbergh.bsky.social, Business Today, @figgityfigs.bsky.social, Far Out Magazine and Anadolu Ajansı …, more at Techmeme »
RELATED:
Sara Fischer / Axios:
Filing: Paramount's outside partners for its WBD bid include Saudi Arabia's PIF, Abu Dhabi's L'imad, Qatar Investment Authority, and Jared Kushner's Affinity — Paramount on Monday launched a hostile takeover bid to buy Warner Bros. Discovery, going directly to shareholders with an all-cash, $30-per-share offer.
Discussion:
Axios, Sydney Morning Herald, Bloomberg, @kasparov63, @rpsagainsttrump, Reuters, @chris@mstdn.chrisalemany.ca, @vanhollen.senate.gov, The National, Deseret News, International Business Times, BNN Bloomberg, @sarafischer, Washington Post, Agence France-Presse, PC Gamer, Dow Jones Newswires, Business Insider, @lucas_shaw, @emptywheel.bsky.social, @jczive, @lucas_shaw, @bmdrew73.bsky.social, @sarafischer, @hshaban, @semaforben, @sarafischer, @scottnover and World of Reel
Alex Weprin / The Hollywood Reporter:
Comcast President Mike Cavanagh says the company did not have a “high likelihood of prevailing” in its WBD bid but believed the attempt was worthwhile — Mike Cavanagh said Monday that the company “did not expect that we had a high likelihood of prevailing” in its Warner Bros. bid, but wanted to try.
Discussion:
The Wrap, @tvgrimreaper, Business Insider and Bloomberg
Lucas Shaw / Bloomberg:
Sources: Ted Sarandos met with Trump in November, arguing that Netflix wasn't a monopoly; Sarandos agreed with Trump that WBD should sell to the highest bidder — Netflix Inc. co-Chief Executive Officer Ted Sarandos ventured to the White House in mid-November for a meeting with President Donald Trump.
Discussion:
The Hollywood Reporter, Columbia Journalism Review, Bloomberg, USA Today, The Times, Sky News, Fortune, Mirror US, Associated Press, @hblodget, @brianstelter, @lucas_shaw, naked capitalism, The Independent, New Republic, Business Insider, Deadline, New York Times, TVREV, The Streamable, Washington Examiner, Semafor, Wall Street Journal, Gizmodo, UPI, indy100, CNBC, Mediaite, GameSpot, @laurenshirsch, BIG by Matt Stoller, The Statesman, @lucas_shaw, CampaignUs, My Nintendo News, Breitbart, Newsweek, NBC News, Benzinga, Newsmax, @jason, @cgasparino, @lucas_shaw, @lucas_shaw, @cgasparino, Forbes, al.com, Mumbrella, @toomuchtv.substack.com, @karaswisher.bsky.social, @gigawattconduit.bsky.social and New York Post, more at Techmeme »
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
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
Discussion:
The Wrap, Business Insider, Fox Business, Yahoo Finance, Deadline, One America News Network, RUMBLE, CNBC, Dallas Express, The Hill, Inc.com, Sports Business Journal, Benzinga, New York Post, Channel 4 News, MediaNews4U, New York Times, Fortune, The Streamable, TheJournal.ie, @senwarren, @rphilly.bsky.social, Crypto Briefing, @ronfilipkowski, mxdwn Television, Stratechery, The Daily Caller, @tracinski.bsky.social, @nick_field90, Irish Examiner, Taipei Times, What's Trending, iPhone in Canada, Truth on the Market, Engadget, @scottnover, @brianstelter, @caseynewton.bsky.social, @rapidresponse47, The American Bazaar, Nairametrics, @mrgq.bsky.social, Business Standard, USA Today, Washington Post, Livemint, Far Out Magazine, Blockchain.News and The Post Millennial, more at Techmeme »
Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation — The US-based merchant bank Raine and Greek media mogul Theo Kyriakou are among the backers of the former Mirror editor …
Discussion:
The Wrap
RELATED:
Lara O'Reilly / Business Insider:
Uber launches Uber Intelligence, an insights platform that lets advertisers tap into Uber's data about customer trips and deliveries — - Uber Advertising is launching an insights platform for marketers called Uber Intelligence. — It has partnered with LiveRamp to aggregate users' data without revealing their identities.
Discussion:
TheDesk.net, How-To Geek and Engadget, more at Techmeme »
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 …
Discussion:
@jeffjarvis.bsky.social, @binarybits, @lopatto.bsky.social and @maxwelltani
Mike Butcher / Pathfounders:
Alexandru Stan, founder of the software marketplace Tekpon, has acquired The Next Web media and events brands from The Financial Times — The European tech media space has been in quite a state of flux this past year or so, to put it mildly. Under assault, it said, from an AI-driven plumet in traffic …
Discussion:
@martinsfp.bsky.social
Aisha Malik / TechCrunch:
Adobe partners with YouTube to launch a dedicated content creation space for YouTube Shorts creators within its Premiere mobile app for iOS — Adobe is partnering with YouTube to launch a dedicated content creation space in Premiere for iOS for YouTube Shorts creators, the company announced on Monday.
Discussion:
9to5Google, Thurrott and The Shortcut
Todd Spangler / Variety:
Letterboxd plans to launch its Video Store film rental platform on December 10, offering curated indie titles in 23 countries, including the US, UK, and France — Letterboxd is about to let you not just fan over your favorite films — it's going to let you rent and stream a curated selection of indie titles, too.
Discussion:
Screen Rant, IndieWire, Fast Company, The Wrap, The Hollywood Reporter and MacStories
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.
Brian Steinberg / Variety:
Sources: Anderson Cooper has signed a new deal with CNN — Anderson Cooper may no longer always be the anchor on CNN who is most watched regularly by viewers, but the news outlet believes he's still worth keeping on the roster. — Cooper in recent weeks signed a new deal …
Discussion:
TVNewsCheck, Deadline and @jeremymbarr

