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6:44 PM ET, January 7, 2026

Mediagazer

 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  —  The heated battle to acquire Warner Bros. Discovery Inc. has expanded from the boardroom to the US Justice Department …
Katie Arcieri / Bloomberg Law:
The US House Judiciary Subcommittee scrutinizes the WBD-Netflix deal, and Rep. Jamie Raskin expresses concern over Trump's influence on Paramount and Netflix  —  House lawmakers Wednesday questioned the proposed tie-up between Warner Bros. and Netflix Inc., with some weighing the competitive tradeoffs …
Discussion: Reuters, Irish Examiner and Comic Book
Tony Maglio / The Hollywood Reporter:
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
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  —  On Tuesday evening, newly installed “CBS Evening News” anchor Tony Dokoupil closed out just his second official broadcast with a surreal segment …
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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 More News: 
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
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
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
 Earlier Picks: 
Bloomberg:
Grupo Televisa's co-CEOs acquire $106M worth of the company's shares in a swap with ex-chairman Emilio Azcarraga, who upped his stake in sports spinoff Ollamani
Discussion: Stock Titan
Eva Baron / Publishers Weekly:
HarperCollins France says it is testing using AI-assisted translation, citing declining sales and following in the footsteps of Taylor & Francis and others
Discussion: 404 Media and Moneycontrol