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December 6, 2025, 5:00 AM
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Daniel Thomas / Financial Times:
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026  —  Deal will transform US tech company into the dominant player in Hollywood  —  Netflix has agreed an $83bn takeover of Warner Bros Discovery …
More: About Netflix, The Hollywood Reporter, Axios, Variety, The Verge, Associated Press, Reuters, The Daily Beast, The Motley Fool, Axios, TV Blackbox, Los Angeles Times, Wall Street Journal, Communicate Online, TRT World, Wall Street Journal, The Ankler, DNYUZ, Kotaku, Barron's Online, Forbes, Droid Life, The Wrap, Cracked.com, CNN, Business Insider, U.S. Senator Elizabeth Warren …, Hürriyet Daily News, Adweek, Deadline, Blaze Media, mxdwn Television, Benzinga, Bounding Into Comics, The Daily Signal, Bloomberg Law, TVNewsCheck, USA Today, Fortune, LinkedIn, Barchart.com, Bloomberg, Macworld, The Times, Breitbart, The Shortcut, and CNN
X: @jasonkilar, @senwarren, @mbrandolph, @danprimack, @edmundlee, @sherman4949, @magicjohnson, @mattgaetz, @lucas_shaw, @joecarlsonshow, @douglaslfarrar, @rokhanna, @mikeisaac, @gerberkawasaki, @gentledoofus, @therochasays, @bedoyausa, @superwuster, @sonnybunch, @synthpotato, @stocksavvyshay, @grahamformaine, @brianstelter, @mikeisaac, @rogermarshallmd, @criminalplaza, @ashleevance, @edmundlee, @senmikelee, @joecarlsonshow, @ziggys_duck, @jailedamanda, @buccocapital, @daveleedwnundr, @mbrandolph, @matthewstoller, @danprimack, @lucas_shaw, @superwuster, @scottgustin, @jacobfeldman4, @jason, @laurenshirsch, @lauraloomer, @matthewberman, @jailedamanda, @laurenshirsch, @sagaftra, @pronkdaniel, @joemillerjr, @lizrhoffman, @pkafka, @mikeisaac, @sherman4949, @austincarr, @tomwarren, and @brianstelter
LinkedIn: Tim O'Hair, Jonah Zalken, Harshita Varghese, David Callahan, Emil Protalinski, Xavier Collins, and Chris Heatherly
Bluesky: @theonion.com, @davechen, @carnage4life, @robertscotthorton, @richterscale, @jonathancohn, @droog811, @leafwarbler, @ernie.tedium.co, @jeffjarvis, @moleyg, and @badideas
Threads: @tomgara, @davechensky, and @chriswelch
Mastodon: @virtualbri@mastodon.online, @Barredo@mastodon.social, and @harrymccracken@mastodon …
Forums: r/SmilingFriends, r/HHN, r/netflix, r/pcgaming, r/cravetv, r/heatedrivalry, r/MauLer, r/paulthomasanderson, r/universalstudios, r/fionnaandcake, r/MediaMergers, r/IATSE, r/babylon5, r/TurnerClassicMovies, r/iTunesDeals, r/iTunesMovieDeals, r/midcarder, r/television, r/DCU_, r/gaming, r/technology, r/Bluray, r/boxoffice, r/movies, r/HBOMAX, r/TheBigPicture, r/hbo, r/StockMarket, r/HarryPotteronHBO, r/cordcutters, r/wbdstock, r/battlebots, r/DCcomics, r/youngjustice, r/pilottvpodcast, r/canadacordcutters, r/TubiTV, and r/HBOMAX
See also Mediagazer
Chris Kerr / Game Developer:
WBD confirms that Warner Bros. Games will be acquired by Netflix along with its wider streaming and television business  —  A Warner Bros. spokesperson has confirmed the video game division will be acquired by Netflix alongside its wider streaming and television business.
Ted Johnson / Deadline:
A look at the uphill battle to win regulatory approval for Netflix's acquisition of WBD, and the roles of the US DOJ, EU regulators, and state attorneys general  —  In the hours since it was announced, Trump has not yet weighed in, and the White House has said little.
Bloomberg:
Netflix has lined up a $59B unsecured bridge loan from Wells Fargo, BNP Paribas, and HSBC to support its WBD deal, one of the largest ever loans of its kind
Echo Wang / Reuters:
Meta acquires Limitless, which makes a pendant-style AI wearable that records and transcribes real-world conversations; Limitless has raised more than $33M  —  Meta (META.O) has acquired AI-wearables startup Limitless, maker of a pendant-style device that records and transcribes real-world conversations …
Wall Street Journal:
Sources: SpaceX is planning a secondary share sale that would value the company at $800B, surpassing OpenAI to make it the most valuable US private company  —  Company's CFO told investors about the transaction in recent days, sources say  —  SpaceX is kicking off a secondary share sale …
Katie Roof / The Information:
Sources: SpaceX has told investors and financial institution representatives that it is aiming for an IPO in the second half of 2026
Bloomberg:
A US judge rules Google must renegotiate annually any contract that makes its search engine or AI app the default on smartphones and other devices  —  Alphabet Inc.'s Google must renegotiate any contract to make its search engine or artificial intelligence app the default for smartphones …
Liv McMahon / BBC:
Vice President JD Vance, US Secretary of State Marco Rubio, and FCC Chairman Brendan Carr denounce the EU's €120M X fine  —  The EU has fined Elon Musk's social media platform X €120m (£105m) over its blue tick badges - prompting an angry reaction from the US.
Foo Yun Chee / Reuters:
The EU fines X €120M for breaching online content rules, the first fine under the DSA, citing issues like its deceptive blue checkmarks, after a two-year probe
Kirsten Korosec / TechCrunch:
Waymo plans to issue a voluntary software recall over how its robotaxis operate around school buses following an NHTSA investigation opened in October  —  Waymo plans to voluntarily issue a software recall with federal safety regulators related to how its robotaxis operate around school buses …
Tyler Kingkade / NBC News:
Parents are pressuring LA Unified, the second-largest US school district, to reduce mandatory student screen time on school-issued iPads and Chromebooks  —  A growing contingent of public school parents say school-mandated iPads, particularly in elementary and middle schools, are leading to behavior problems.
LinkedIn: Tyler Kingkade.  Bluesky: @tktk and @bengoggin
Forums: r/apple and r/LosAngeles
OpenRouter:
An analysis of 100T+ tokens from the past year shows reasoning models now represent over half of all usage, open-weight model use has grown steadily, and more  —  An Empirical 100 Trillion Token Study with OpenRouter  —  Malika Aubakirova*Alex Atallah†Chris Clark†Justin Summerville†Anjney Midha*
Sam Kriss / New York Times:
A look at various quirks in AI-generated prose, mainly influenced by “overfitting” in AI models, as humans increasingly mimic AI language in writing and speech  —  If only they were robotic!  Instead, chatbots have developed a distinctive — and grating — voice.
Bloomberg:
Short seller Grizzly shorts London-listed Trustpilot, alleging the review site pressures businesses to pay for subscriptions; Trustpilot refutes the claims  —  Shares in Trustpilot Group Plc had their steepest ever one-day drop after Grizzly Research said it holds a short position and published …
Rose Henderson / Bloomberg:
Cloudflare says it has fixed an issue that caused a 25 minute outage on Friday, following a major, hours-long outage last month  —  Cloudflare Inc. said it has fixed a problem that led to the websites for several banks, Shopify, Zoom and LinkedIn to go down Friday.
Nicole Sperling / New York Times:
Netflix's WBD bid marks a striking strategy shift for a company long known for pivots, especially after years of avoiding full commitment to theatrical releases  —  The streaming giant has changed its strategy many times over the years.  But the decision to get deeply into theatrical releases may be the most startling yet.
Tony Maglio / The Hollywood Reporter:
Netflix says it “expects to maintain Warner Bros.' theatrical releases for films” but “the windows will evolve to be much more consumer friendly”

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From Mediagazer

Alex Weprin / The Hollywood Reporter:
Piers Morgan's Uncensored names Rashida Jones, who left MSNBC in 2025, as CEO, and raises capital; the YouTube-based media company was reportedly seeking ~$30M

Brian Steinberg / Variety:
ESPN hires six sports journalists, including enterprise reporter Kent Babb, who were laid off from WaPo when the newspaper eliminated 300+ jobs in February

Joe DePaolo / Mediaite:
Fox News apologizes after facing criticism for airing old footage of a ceremony honoring fallen soldiers instead of a new event where Trump wore a baseball cap

More News

Hugging Face:
Hugging Face details how it used its new tool, Skills, to fine tune an LLM using Claude, including for writing scripts, submitting jobs to cloud GPUs, and more
New York Times:
The New York Times sues Perplexity, claiming the AI startup violated its copyrights and kept using its content despite repeated demands over the past 18 months

Earlier Picks

Sara Fischer / Axios:
Meta strikes commercial AI data deals with news publishers, including CNN, Fox News, and The Daily Caller, to provide real-time answers in its Meta AI chatbot
Reuters:
Sources and docs: India is considering forcing phone makers to enable always-on satellite location tracking; Apple, Google, and Samsung have opposed the move
Shashwat Chauhan / Reuters:
The US CFTC announces that spot crypto asset contracts will begin trading for the first time on CFTC-registered futures exchanges
A.J. Vicens / Reuters:
US and Canadian agencies warn that Chinese hackers are using Brickstorm malware to penetrate and maintain backdoor access to unnamed government and IT entities
Will Oremus / Washington Post:
Two studies suggest that AI chatbots can shift political views more effectively than TV campaign ads, by presenting many claims, regardless of their accuracy
Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson are retiring, and Jennifer Newstead, Meta's chief legal officer, will replace Adams in March
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