Top News:
Alex Weprin / The Hollywood Reporter:
Stephen Colbert says CBS lawyers blocked an interview with Democratic US Senate candidate James Talarico, citing the FCC's equal time guidance for TV talk shows — Colbert and ‘The Late Show’ posted the interview with James Talarico on the show's YouTube page to bypass the FCC's oversight.
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Todd Spangler / Variety:
CBS says The Late Show was not prohibited from broadcasting a James Talarico interview and was given “legal guidance” that a broadcast could trigger an FCC rule — CBS said it did not force “The Late Show With Stephen Colbert” to pull an interview with Texas state Rep. James Talarico …
Naman Ramachandran / Variety:
By not airing Colbert's interview with Talarico, CBS bowed to FCC pressure preemptively as the agency hasn't formally eliminated talk show equal time exemptions — Stephen Colbert went public Monday night with a striking accusation against his own network: that CBS lawyers had barred …
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Financial Times:
WBD tells Paramount to make its “best and final offer” within seven days, or get out of the way of Netflix's agreed $83B deal; Netflix granted a weeklong waiver — Netflix grants weeklong waiver to rival bidder in high-stakes battle for control
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Jill Goldsmith / Deadline:
WBD says Paramount informed WBD on February 11 that it would pay $31 per share, up from $30, if the sides engaged, and that $31 was not its best and final offer — Warner says that the Ellison camp had verbally agreed to boost its bid to $31 or higher if two the sides engaged, which WBD today has agreed to do.
Discussion:
Wall Street Journal, Cord Cutters News, Straight Arrow News and Warner Bros. Discovery, Inc.
Todd Spangler / Variety:
Paramount says it is “prepared to engage” with WBD on takeover talks during a seven-day negotiating window, but doesn't say whether it will raise its bid — The company didn't indicate that it is willing to increase the price tag for its hostile takeover bid but said it was ready …
Todd Spangler / Variety:
WBD sets March 20 as the date for a special shareholder meeting to vote on the proposed $83B Netflix deal, which its board “continues to unanimously recommend” — WBD board ‘seeks clarity’ on David Ellison-led company's ‘best and final offer’ in hostile takeover effort
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Lucas Manfredi / The Wrap:
Netflix says Paramount has caused “ongoing distraction” and “mischaracterized the regulatory review process”, and its WBD bid raises national security concerns — The streamer said that its $83 billion deal is “the only certain path to delivering value to WBD's stockholders”
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Katie Robertson / New York Times:
Condé Nast names Adam Baidawi as GQ's global editorial director; Baidawi previously led British GQ and wants GQ to be a “North Star of masculinity” — Adam Baidawi recalls being enthralled by GQ magazine the first time he pored through an issue as a teenager in suburban Melbourne, Australia.
Discussion:
The Wrap, The Business of Fashion, The Hollywood Reporter, Condé Nast and @nicolegelinas
Lucas Shaw / Bloomberg:
Talent agency Night Media, which represents social media celebrities and owns a podcast network, raised $70M to expand into gaming, sports, and music — Night Media Inc., the talent management firm that represents social media celebrities such as popular Twitch streamer Kai Cenat …
Discussion:
The Hollywood Reporter, more at Techmeme »
Oliver Darcy / Status:
Sources: Anderson Cooper grew increasingly uneasy with the rightward direction of CBS News under Bari Weiss, a factor in his decision to leave 60 Minutes — On Monday evening, as the media class wrapped up its three-day Presidents' Day weekend, a bombshell development sent shockwaves across the industry.
Discussion:
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Lachlan Cartwright / Breaker:
Anderson Cooper is leaving 60 Minutes after almost 20 years; sources say he has decided to pass on a renewal offer with CBS
Discussion:
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Charlotte Tobitt / Press Gazette:
Mediahuis is experimenting with AI agents for commissioning, writing, and more to “automate first line news”, which is reviewed by humans prior to publication — Belgium-based news publisher Mediahuis is experimenting with automating the production of its “first-line” news.
Discussion:
Michael Hewlett on LinkedIn, @amandabecker.bsky.social, @nkalamb.bsky.social and Plain Dealer
John Stang / Columbia Journalism Review:
Three right-wing media figures, who were denied press credentials in WA because of political affiliation, sue to get permanent press passes to the statehouse — In Olympia, Washington, a few right-wing media figures have been trying to get credentialed to cover the statehouse.
Discussion:
KUOW News and Information, @agomezfcc, @emilybell.bsky.social and @cjr
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