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8:30 PM ET, January 7, 2026

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 Top News: 
Lucas Manfredi / The Wrap:
WBD's board unanimously rejects Paramount's amended $108.4B acquisition offer, saying the bid still has “significant” risks compared to Netflix's $83B offer  —  The board says the revised $108.4 billion bid continues to offer “significant costs, risks and uncertainties” compared to its $83 billion deal with Netflix
RELATED:
Josh Sisco / Bloomberg:
Filing: the US DOJ opened an in-depth review of Paramount's hostile tender offer for WBD on December 23; Netflix has said it's also talking with the DOJ and EC
Tony Maglio / The Hollywood Reporter:
WBD board chair indicates WBD remains open to a Paramount acquisition, saying David Ellison “stepped up to the table” but “ultimately didn't raise the price”
Mark Walker / New York Times:
Block Communications announces that The Pittsburgh Post-Gazette will cease publication May 3; the closure will not affect its sister newspaper, The Toledo Blade  —  The family-owned company that operates the newspaper cited mounting losses and labor constraints.  A final edition is expected on Sunday, May 3.
Isabella Simonetti / Wall Street Journal:
Semafor raised $30M at a $330M valuation after generating $2M in EBITDA in 2025, its first profitable year, and plans to expand its annual CEO gathering in DC  —  The digital media outlet, which aims to inform the ‘global leadership class,’ plans to expand its events business and add journalists
Katherine Doherty / Bloomberg:
Polymarket agrees to supply Dow Jones outlets like the WSJ and Barron's with prediction market trading data for online and in print, its first media partnership  —  Polymarket will supply Dow Jones with trading data under a new partnership, the latest in a string of deals between exchanges …
Etan Vlessing / The Hollywood Reporter:
Imax reports $1.28B in 2025 global box office, a company record, driven by a global theater network expansion and films like Ne Zha 2 and Avatar: Fire and Ash  —  The latest global ticket receipt haul surpassed the $1.1 billion year-end box office posted in 2019, as exhibitors saw their domestic box office end 2025 at $8.87 billion.
Discussion: IndieWire, /Film and Deadline
Ted Johnson / Deadline:
The White House debuts a website to revise the history of January 6, with false claims blaming police for fomenting the attack and calling Mike Pence a coward  —  The website appeared to be a way to counter what has been a daylong commemoration at the Capitol, featuring primarily Democrats …
Naman Ramachandran / Variety:
Asian streaming giant Viu launches Viu Shorts, a new vertical video section for microdramas on its app, featuring episodes that are one to three minutes long  —  Asian streaming giant Viu has expanded its content offerings with the debut of Viu Shorts, a new vertical video section featuring bite-sized dramas …
Carolina Abbott Galvão / Columbia Journalism Review:
Q&A with John Cusack, a longtime press freedom advocate, on how FOIA-based reporting shouldn't be behind paywalls and how walls hurt those most affected by news  —  The movie star says that by selling their public-records-based reporting, news outlets are compromising one of journalism's essential civic roles.
Cynthia Littleton / Variety:
Fox is launching Fox Creator Studios to work with social content creators on multiple platforms and has made development deals with several food personalities  —  Digital-first division starts with a focus on food through deals with Gordon Ramsay and social media stars Rosanna Pansino …
 
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Oliver Darcy / Status:
Sources: Tony Dokoupil's CBS Evening News debut left some staffers embarrassed and alarmed over the chaotic on-air rollout and MAGA-friendly editorial choices
 

 
From Techmeme:

Jay Peters / The Verge:
Google rolls out an AI Inbox view for Gmail that shows users to-dos and summaries of topics rather than a traditional email list, first for US “trusted testers”

Cody Combs / The National:
NetBlocks says internet connectivity in Iran has fallen on multiple providers as protests hit 100+ cities; Cloudflare says IPv6 traffic has dropped sharply

Barry Schwartz / Search Engine Roundtable:
Tailwind CSS lays off three of its four engineers after Google traffic to its documentation fell ~40% from early 2023 due to AI, causing an ~80% drop in revenue
 
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