Top News:
Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out — David Ellison's media group is discussing remedies with Brussels in order to clear key regulatory hurdle
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Foo Yun Chee / Reuters:
Source: Paramount is prepared to sell its film distribution joint venture with Universal Pictures to address EU antitrust concerns over its WBD acquisition — Paramount Skydance Corp (PSKY.O) is prepared to divest its film distribution joint venture with Universal Pictures …
Discussion:
New York Post
Thomas Buckley / Bloomberg:
Sony Pictures Entertainment invests $100M in Cosm, a startup specializing in immersive, large-screen theaters, which has partnerships with NBCUniversal and WBD — Sony Pictures Entertainment is investing $100 million in Cosm, an operator of large-screen theaters that show films and sporting events.
Discussion:
The Wrap, IndieWire, Deadline, Los Angeles Times, Reuters, Sports Business Journal, Variety and The Hollywood Reporter
Ethan Millman / The Hollywood Reporter:
Court docs: Live Nation CEO Michael Rapino spoke with President Trump in the weeks before the company settled with the DOJ in its monopoly lawsuit — In court filings this week, Live Nation confirmed Michael Rapino had spoken with Trump before the settlement but said that …
Discussion:
Billboard, Associated Press, Digital Music News, The Wrap, KRDO, Variety, CMU and Sports Business Journal
Matthew Keys / TheDesk.net:
Source: iHeartMedia has begun a new round of layoffs affecting dozens of workers in its local radio broadcasting units as part of a broader restructuring — iHeartMedia has begun a new round of layoffs affecting dozens of workers in its local radio broadcasting units, The Desk has learned.
Discussion:
Radio Ink, Denver Post, The Hollywood Reporter and @thedesk.net
Daniel Thomas / Financial Times:
An interview with Bob Iger on stepping down as Disney's CEO, his legacy, new CEO Josh D'Amaro, Bob Chapek, Apple, Disney+, purchasing Pixar, AI, and more — For two decades, Hollywood's most indispensable executive has been synonymous with Disney. Can he really tear himself away?
Discussion:
The Wrap, Variety, Us Weekly, ScreenRant, Washington Times, New York Post, The Mac Observer, iPhone in Canada, National Enquirer, iDrop News, The A.V. Club, Awful Announcing, The Verge, @trevorbaxendale, @rwhelanwsj, @laurenshirsch, @johnwilson, Fox News, Daniel Thomas on LinkedIn, Gamereactor UK, Just Jared, Deadline, Comic Book, AppleInsider, 9to5Mac, IGN, LateNighter, The Hollywood Reporter and GamesRadar, more at Techmeme »
New York Times:
A profile of NFL reporter Dianna Russini, who resigned from The Athletic after photos of her with the coach of New England Patriots prompted an internal probe — Dianna Russini had been busted. — It was January, and Ms. Russini — then the star N.F.L. reporter for The Athletic …
Discussion:
Page Six, Front Office Sports, @sptweetmn, @nick_field90, @channel__ocho, @madisonmcvan.bsky.social, @hburns_usat, @tonysmarkettips, sports.yahoo.com, Us Weekly, The Wrap, USA Today, Fox News, @burackbobby_, Daily Mail, New York Post, @devahaz, The Maine Wire, TMZ.com, Just Jared, Crossing Broad, Awful Announcing, @thebluenami.bsky.social, @timothypmurphy.bsky.social and @drewmagary.bsky.social
James Hibberd / The Hollywood Reporter:
Alex Cooper described reports alleging that her husband, Matt Kaplan, verbally abused Unwell Media staff as “lies” and part of “a smear campaign” against her — The podcaster suggested the allegations are false and adds that “women are held to a different standard.”
Discussion:
People, @dumbjosh.bsky.social, Deadline, Us Weekly, E! Online and Just Jared
Scharon Harding / Ars Technica:
Disney agrees to pay $50M to YouTube TV and DirecTV subscribers to settle a lawsuit claiming Disney forced higher prices by requiring the bundling of ESPN — The Walt Disney Company has agreed to pay $50 million to subscribers of YouTube TV and DirecTV's live TV streaming services to settle …
Discussion:
TheDesk.net, 9to5Google, @arstechnica@mastodon.social, al.com, Newsweek, New York Post and Tom's Guide
Bloomberg:
Sources: a Chinese court sentenced the former CIO of GroupM's Chinese operation to life in prison for taking ~$176M in bribes through rebate-driven deals — A former executive of WPP Plc, one of the world's biggest advertising companies, has been sentenced to life in prison by a Chinese court …
Reuters:
Sources: Sky has agreed on terms to buy ITV's broadcast and streaming unit in a £1.6B deal, which will include ITV Studios acquiring Sky's Love Productions — Sky, the Comcast (CMCSA.O)-owned British pay TV group, has agreed on terms to buy ITV's (ITV.L) broadcast and streaming unit …
Alex Curley / Semipublic:
Semipublic, a nonprofit offering data-driven analysis of public media funding, debuts about a year after it started “Adopt A Station” to encourage more funding — In honor of the official launch of our nonprofit, we're announcing the addition of six new tags to station listings based on our own research.
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