When leadership at The Washington Post laid off more than 300 journalists last month, Post Local was among the hardest-hit sections. Successive rounds of cuts had already shrunk the section down to around 40 reporters and editors. (In the early 2000s, the metro department had around 200 journalists.) But the latest layoffs left the section with around a dozen journalists, a severe blow to an institution that had remained home to some of D.C.'s most ambitious local reporting.
This move reflects Yahoo's focus on our core brands, while aligning Engadget with an owner whose primary focus is operating and growing editorial media brands. This also includes a broader Yahoo partnership with Static Media that will support audience and revenue growth across its portfolio of brands, including Engadget.
Once we take power, whoever the president is, we're going to break up your companies. So all the investment you did to create these mergers are going to be for naught. Your investors are going to be pissed at you, and you're likely going to end up getting fired as the CEO because you wasted so much money and corrupted yourself in the process.
A Paramount-WBD merger is a disaster for the people who work at both companies, and if Bari Weiss takes control of CNN, it will be the end of the global network Ted Turner founded, one concerned CNN producer who was not authorized to comment told the Guardian. I don't think that's hyperbolic.
For Northwestern University's 2025 news report, they estimated that almost 40% of all local U.S. newspapers have vanished, leaving 50 million Americans with limited or no access to a reliable source of local news. The local newspapers that haven't closed their doors have immensely reduced their operations, cutting the amount of reporters in the newsroom from hundreds to just dozens and working out of rented office spaces instead of downtown buildings.
Netflix co-CEO Ted Sarandos spent the morning at the White House. By evening, his company had issued a statement declining to match Paramount's $31-per-share bid for WBD—walking away from what would have been the most transformative media deal in years and handing David Ellison a portfolio that includes CNN, HBO, Warner Bros. Pictures, CBS News, and a cable library stretching from Seinfeld to Batman.
Dedicated to culturally resonant, premium video and audio podcasts across platforms. It is founded by three women of color who came together after being laid off in an environment Eaton describes as 'a nationwide pushback on DEI efforts, continued media consolidation, and the looming disruption of AI.' The new effort promises to operate 'at the intersection of creativity, technology, purpose, and intelligence.'
During the first Trump Administration, Sinclair, a company that owns almost two hundred local TV stations across the United States, and is known for its conservative bent, instructed its news anchors to recite a near-identical script on air. The sharing of bias and false news has become all too common on social media, and more alarming, some media outlets publish these same fake stories without checking facts first.
Glen Walker and Lu Parker, anchors of KTLA's late morning and midday newscasts, are out along with meteorologist Mark Kriski. Kriski had been with KTLA since 1991, while Walker has been at the station's anchor desk since 2010. Parker joined KTLA in 2005.
A terrifying moment. We appeal for your support. The need for truthful, grassroots reporting is urgent at this cataclysmic historical moment. Yet, Trump-aligned billionaires and other allies have taken over many legacy media outlets - the culmination of a decades-long campaign to place control of the narrative into the hands of the political right. We refuse to let Trump's blatant propaganda machine go unchecked.
The Washington Post sports department is no more. That really sucks for Nats fans and leaves the Nats coverage in limbo, especially after MASNs dissolution earlier in the year. This begs the question - who is covering the Nationals? I mean REALLY covering them, not covering them like me, giving out free content that's worth the price of admission. I don't know about local TV stations which will presumably continue their usual light coverages of the team
Paramount was criticized for settling a $16 million voter interference lawsuit filed by President Trump. The FCC approved its Skydance deal shortly after. Critics also accused the company of capitulating to President Trump after he suggested he brokered a "side deal" with Skydance executives for millions of dollars in public service announcements supporting conservative causes. Paramount denied its settlement included PSAs.
There's a crisis of creativity in mainstream American culture. We have fewer and fewer studios and record labels fewer and fewer platforms online that serve independent artists and creators. At its core, copyright is a monopoly right on creative output and expression. It's intended to allow people who make things to make a living through those things, to incentivize creativity. To square the circle that is "exclusive control over expression" and "free speech," we have fair use.
Traditional journalism outlets buffeted on all sides by misinformation, weak-kneed ownership and a hostile White House will struggle to earn back public trust even as the need for fair, accurate reporting grows. Smaller groups of wealthy businesspeople control larger swaths of the country's information ecosystem, pitting their overall corporate interests against the public's desire for accurate journalism challenging powerful institutions in society.
This is one of those moments in Donald Trump's presidency when an event that would otherwise be recognized as a death knell for democracy somehow fails to elicit the outrage it deserves. Warner Bros. Discovery owns CNN, whose coverage Trump views as hostile to his administration. So he is abusing the government's merger-approval power in order to insist that the next owner of the venerable outlet mold its journalism to his liking.
TikTok has signed a deal to sell its US business to three American investors Oracle, Silver Lake and MGX ensuring the popular social video platform can continue operating in the United States. The deal is expected to close on 22 January, according to an internal memo seen by he Associated Press and Reuters. The TikTok chief executive officer, Shou Zi Chew, said in the memo that ByteDance and TikTok have signed binding agreements with the three investors.
However, the potential 1.6bn takeover of ITV's broadcasting arm and streaming service, which would end 70 years of independence, is laden with regulatory, political and competition concerns. At a stroke Comcast would control Sky News and ITV News (including its sprawling regional news operation) and become the largest shareholder in ITN, which produces news for ITV, Channel 4 and Channel 5.
A baby was born in a Waymo this week, and it wasn't even the first one. What started as a novelty story quickly became a reminder of how autonomous vehicles have quietly become part of everyday life, complete with all the messiness that entails. The real coming-of-age story this week, however, wasn't happening in San Francisco's robotaxis. It was playing out in Hollywood, where Netflix made an $82 billion bid to acquire Warner Bros. Discovery's streaming and studio business.
The deal would mean the streamer would own some of the biggest franchises in the world: DC Comics, Game of Thrones, Harry Potter, Looney Tunes and more. Critics argue the deal would make Netflix too dominant in the entertainment industry, could mean fewer movies in theaters in favor of streaming at home, and potential price increases for Netflix because consumers will have fewer options.
Paramount Pictures' official X account was hacked on Tuesday, briefly rebranded as a proud arm of a fascist regime message as it attempts a hostile takeover of Warner Bros Discovery. For several minutes, the pointed message was emblazoned on the account's bio. It quickly vanished restored to The official X account for Paramount Pictures but not before screenshots ricocheted across the internet.
Last Friday, Netflix announced that they would be acquiring Warner Bros. Discovery, a massive megamerger that would let the number one streaming service acquire the third biggest streamer (HBO Max), the entire Warner Bros. film catalog, its cable channels, and the Discovery+ streaming service. But before any shareholders could celebrate, Paramount Skydance, the megaconglomerate led by the Trump-favored Ellison family, launched a hostile takeover. Which company will emerge victorious here...will the biggest loser be the cinephile consumer?
The developing ParamountSkydance effort to acquire Warner Bros Discovery involves outreach to sovereign wealth funds in Saudi Arabia, Qatar, and the UAE. Reuters reported that Jared Kushner helped connect David Ellison's team with those funds as they explored financing options for a potential hostile bid. These investments are not confirmed or finalized, and Axios has reported that the foreign investors have agreed to forgo any governance rights including board representation associated with their non-voting equity investments.
The guild and other unions are justifiably concerned about a future where either company seizes control of Warner Bros. - especially given the billions in so-called "synergies," a.k.a. mass layoffs, the two companies foresee in a purchase. Perpetually seen as a Hollywood disruptor, Netflix would snap up a more-traditional studio and streaming business while running its own versions of both: Its management projects $2 to 3 billion in synergies by the time the merged company turns three.
As we wrap up 2025, we're looking at the year's biggest winners: the people, companies, products and trends that made the most impact over the year. Almost at the top of the pile, of course, are the tech billionaires. According to a recent report by Oxfam, the 10 richest US billionaires (who are all tech leaders, save for Warren Buffet) increased their wealth by $698 billion in 2025. Some of that has been spent treating and lavishing donations on President Trump.
Timed to ruin holidays like a round of end-of-year layoffs, the streaming giant announced plans to buy Warner Bros, a movie and television studio with a full-century legacy. It's possible that the acquisition won't actually go through and if it does, it won't be for at least a year. But the news still looms over year-end awards and list-making, and it's going to take more than a jingle-bell heist to steal back any holiday cheer for the entertainment industry,
Omnicom began absorbing its former rival Interpublic Group (IPG) this week with a swath of redundancies up and down the org chart. Among the 4,000 people cut loose across the globe were Susan Credle, global chief creative officer of FCB until last year and most recently global creative advisor for IPG, and Eileen Kiernan, previously the global CEO of IPG Mediabrands (Kiernan didn't respond to a request for comment).
