Top News:
Axios:
FCC Chairman Brendan Carr tells a Senate committee the FCC “is not an independent agency”; the agency removed “independent agency” from its site as he testified — FCC Chairman Brendan Carr said in his Wednesday Senate testimony that the agency he governs “is not an independent agency, formally speaking.”
Discussion:
Washington Post, Poynter, Inside Radio, Salon, CNBC, The A.V. Club, @acyn, @samstein, @bulwarkonline, @atrupar, @cspan, @sarafischer, @lutherlowe, Newser, New York Times, Reuters, FedScoop, New Republic, Forbes, @kim.senate.gov, Wall Street Journal, @sarafischer, Fox News, @carlquintanilla.bsky.social, Free Press Action Fund Feed, @willoremus.com, NOTUS, Raw Story, @kim.senate.gov, The Guardian, New Republic, NBC News, The Hill, The Independent, Mediaite, Barrett Media, The Wrap, @patriotprogressive …, @laurenmeidasa.bsky.social, San Diego Union-Tribune, Pasadena Star News, @justinbaragona.bsky.social, @justinbaragona.bsky.social, @justinbaragona.bsky.social, Alternet.org, Associated Press and Washington Examiner, more at Techmeme »
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Steven Portnoy / ABC News:
Democratic Senate Commerce Committee members accused FCC Chairman Brendan Carr of making “mafia threats” and encroaching on broadcasters' First Amendment rights — Sen. Markey calls him “chairman of the ‘Federal Censorship Commission.’” — Brendan Carr, commissioner …
Discussion:
TheDesk.net, COURIER, Los Angeles Times, @leftcoastbabe, @senbrianschatz, @progresschamber, @amyklobuchar, @cspan, Radio Ink, Variety, The Verge, UPI, The Present Age, Ars Technica, Politico, The Hill, NewsMax.com, Radio & Television …, Associated Press, NBC News, Reuters, Breitbart and The Daily Signal
John Rogers / Associated Press:
Peter Arnett, a Pulitzer Prize-winning correspondent who covered the Vietnam War for the AP and the first Gulf War for CNN, has died at 91 — Peter Arnett, the Pulitzer Prize-winning reporter who spent decades dodging bullets and bombs to bring the world eyewitness accounts of war …
Discussion:
The Independent, Mirror, @kevinmkruse.bsky.social, @davidclinchnews, New York Times and Lawyers, Guns & Money
Scott Feinberg / The Hollywood Reporter:
The Academy signs a multiyear deal that gives YouTube the exclusive global rights to the Oscars, beginning in 2029 and running through 2033, streaming for free — The Academy announced on Wednesday: — LOS ANGELES, CA - The Academy of Motion Picture Arts and Sciences and YouTube signed …
Discussion:
Variety, The Wrap, @disparutoo, @piersmorgan, @sydneybattle, @moorehn, @michaelcollado, @seanhannity, @812filmreviews, @mattbelloni, @ronnui_, @jayelharris, @offbeatorbit, @nealmohan, @clubchalamet, @nandovmovies, @awards_watch, @jasminelwatkins, @katiemiller, @mrbrianrowe, YouTube Official Blog, israelhayom.com, @brianstelter, @unikunka, Tech Times, @brianstelter, @lucas_shaw, BMI, TheGrio, @theacademy, TVREV, TV Tech, John Lustyan on LinkedIn, Tubefilter, @ckrewson.bsky.social, Barrett Media, Spyglass, Demetrius Bagley on LinkedIn, CNET, Ken Gibbs on LinkedIn, Baller Alert, Decider, Forbes, Sports Business Journal, Deadline, UPI, TechCrunch, E! Online, Cord Cutters News, Showbiz411, Screen, Media Play News, Adweek, TheDesk.net, @kattenbarge.bsky.social, Billboard, Screen Rant, @joshsternberg.com, NBC News, Los Angeles Times, @mgsiegler.com, @jmrivera.bsky.social, Gold Derby, @riderbabe52.bsky.social, TVLine, Associated Press, New York Times, KFMB, @johnspurlock.com, New York Daily News, @azalben.bsky.social, WPXI-TV, Telecompaper, Fox News, CBS News, The Verge, Oh No They Didn't! and Just Jared, more at Techmeme »
Brian Stelter / CNN:
Senators Warren and Blumenthal call on AG Bondi to recuse herself from reviewing the WBD deal due to her prior employment with lobbying firm Ballard Partners — Warner Bros. chose Netflix over Paramount — again. Now what? — Warner Bros. Discovery CEO David Zaslav said Wednesday …
Discussion:
TVNewsCheck, The Hollywood Reporter, @brianstelter, Variety, The Wrap, Deadline and Bloomberg Law
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Todd Spangler / Variety:
SEC filing: WBD says the Ellisons offered David Zaslav a compensation package of several hundred million dollars, which Zaslav said was inappropriate to discuss
Wall Street Journal:
WBD recommends shareholders reject Paramount's unsolicited cash bid, calling the offer “illusory” and saying it believes Netflix's proposal is still superior
WBD recommends shareholders reject Paramount's unsolicited cash bid, calling the offer “illusory” and saying it believes Netflix's proposal is still superior
Discussion:
Engadget, Semafor, @dylanbyers, International Business Times, CNN, The Hollywood Reporter, Mediaweek, @pkafka, @scottnover, @edmundlee, @sherman4949, @sherman4949, @danprimack, @pkafka, @pkafka, @brianstelter, The Times, Warner Bros. Discovery, Inc., The Wrap, Morningstar, Wrestling Inc., StreamTV Insider, Courthouse News Service, Al Jazeera, Associated Press, TechRadar, Business Insider, ScreenCrush, HotAir, Implicator.ai, Barrett Media, Agence France-Presse, New York Times, Los Angeles Times, The Wrap, Gulf News, AfroTech, Axios, Business Insider, Media Play News, Cord Cutters News and Awful Announcing
Todd Spangler / Variety:
Paramount reaffirms its $30/share all-cash bid after WBD's board officially rejected it, saying its bid offers “superior value and certainty” for shareholders
Paramount reaffirms its $30/share all-cash bid after WBD's board officially rejected it, saying its bid offers “superior value and certainty” for shareholders
Discussion:
CNBC, @sarafischer, @danprimack, The A.V. Club, The Motley Fool, @sarafischer, Forbes, IndieWire, Deadline, TechCrunch, Media Play News, The Wrap, Paramount Skydance Corporation, Streaming Better, Broadband TV News, Anadolu Ajansı …, Instapundit, Wall Street Journal and Wall Street Journal
Financial Times:
Sources: Standard General hedge fund founder Soo Kim has been in talks with a major WBD shareholder over potentially buying or investing in the WBD TV networks — Standard General's Soo Kim is considering purchasing or investing in WBD's television networks
Discussion:
TVNewsCheck, Deadline and Reuters
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Laura Cress / BBC:
Netflix wins rights to a FIFA soccer simulation game, developed by Delphi Interactive and set for release ahead of the 2026 World Cup, for free to Netflix users — Fifa will finally release its much-anticipated return to video games in 2026, several years after its acrimonious split with developer EA.
Discussion:
Engadget, Advanced Television, T3, PocketGamer.biz, Tech Times, Eurogamer.net, Goal.com, Pocket Gamer, Digital Trends, GamesIndustry.biz, Push Square, Aftermath, Hypebeast, Arabian Business, Inside World Football, Business Standard, Video Games Chronicle, @devonheinen.bsky.social, DualShockers, MobileSyrup, TheSixthAxis, Metro.co.uk, Game Rant, The Sun, NDTV Profit, CNET, Agence France-Presse, CGMagazine, Dexerto, TechRaptor, NME, GameSpot, Reuters, The Wrap, Netflix Tudum, Press Start, The Verge, iPhone in Canada and GamesBeat
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Todd Spangler / Variety:
Netflix signs a deal with Barstool Sports to stream video versions of three podcasts, initially in the US; full video episodes will be removed from YouTube
Netflix signs a deal with Barstool Sports to stream video versions of three podcasts, initially in the US; full video episodes will be removed from YouTube
Discussion:
Barrett Media, The US Sun, Netflix Tudum, @tvgrimreaper, Daily Mail, Awful Announcing, Deseret News, TVNewsCheck, The Wrap, @devonheinen.bsky.social, @devonheinen.bsky.social, Business Insider, New Jersey Online, The Hollywood Reporter, Front Office Sports, Sports Business Journal, The Streamable, PodcastingToday, Digital Trends, TheGrio, Deadline, Media Play News, Podnews, Just Jared and Digital Music News
Katie Deighton / Wall Street Journal:
A study of 1,000+ marketing campaigns: host-read podcast ads on YouTube are up to 25% less effective at driving purchases than in audio-only podcasts — Ads that appear in video podcasts are alluring for visually-minded marketers but may perform worse on the whole than audio-only, according to a new study
Discussion:
Podnews, Digiday, Tubefilter, Journalism.co.uk, The Athletic, Inside Higher Ed, TVNewsCheck and Oxford Road
Chance Miller / 9to5Mac:
Apple says it will roll out more App Store ads in 2026 “to increase opportunity in search results”; Apple's website says 800M+ users visit the App Store weekly — Apple is expanding the number of ads that appear in App Store search results. In an update on its Apple Ads website today …
Discussion:
Tech Times, AppleInsider, MacRumors and Apple Ads
Natalie Korach / Status:
Sources: Bari Weiss moved a planned internal CBS town hall, set to lay out her broader vision, from this month to 2026, after the Erika Kirk town hall flopped — In the days leading up to the holidays, Bari Weiss had planned to address CBS News staffers with a broader vision of where she sees …
Discussion:
CBS News, @nataliekorach.bsky.social, Mediaite and The Independent
Will Page / Pivotal Economics:
Analysis: music copyright's global value rose 5.2% YoY to a record $47.2B in 2024; the revenue split favored labels and artists at 62%, above songwriters' 38% — 11-MINUTE READ — TL;DR — Music copyright was valued at $47.2bn in 2024, nearly doubling in a decade
Discussion:
Music Ally and Music Business Worldwide
Jennifer Schuessler / New York Times:
PEN America elects novelist Dinaw Mengestu as president, as the organization navigates free speech challenges across the US and criticism of its Gaza response — The novelist Dinaw Mengestu will lead the literary group at a time of escalating threats to free expression at home and abroad.
Discussion:
PEN America
Sarah Perez / TechCrunch:
YouTube says it will no longer give data to US Billboard charts after January 16, arguing Billboard's ranking formula doesn't count ad-supported streams fairly — YouTube is pulling its data from Billboard for use in the publisher's industry-leading U.S. music charts.
