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8:10 AM ET, December 18, 2025

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 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.”
RELATED:
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 …
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 …
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 …
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 …
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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
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
New York Times:
WBD says the Ellisons have “consistently misled” shareholders, including claiming Paramount's proposal had a “full backstop” but it “does not, and never has”
RELATED:
Christopher Palmeri / Bloomberg:
Filing: Comcast's offer to merge NBCUniversal with WBD valued Comcast's media and theme-park assets at about $81B; Comcast's overall valuation is about $111B
Discussion: MediaPost
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.
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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
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 …
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
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.
 
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Ivan Mehta / TechCrunch:
Meta is testing limiting Facebook professional accounts and Pages to posting just two links per month, unless they subscribe to $14.99+/month Meta Verified
 Earlier Picks: 
BBC Press Office on LinkedIn:
BBC News hires Lindsay McIntosh, previously Head of News at The Sunday Times, as its Executive News Editor