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🟡 Semafor Media: No juice
In today’s edition: Paramount’s last-minute Trump outreach.
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Paramount’s Mideast financing doomed Warner Bros. Discovery auction bid
WBD’s board grew uneasy with how complicated Paramount’s offer became.
Mike Blake/Reuters
In mad dash to stop Netflix-WBD deal, Paramount has ‘no juice’
Seemingly everyone hates that Netflix won out in the bidding war for Warner Bros. Discovery, but the Ellisons couldn’t stop it.
Dado Ruvic/Illustration/Reuters
AI critics funded AI coverage at top newsrooms
A behind-the-scenes media war over coverage of AI reflects a deep split inside the tech community.
Dado Ruvic/Illustration via Reuters
CNN staffers, bracing for Paramount takeover, are relieved by Netflix deal
As federal regulators weigh Netflix’s acquisition of Warner Bros. Discovery’s studio and streaming business, WBD will continue spinning off its cable assets.
Chris Aluka Berry/Reuters
Staff cuts and strategy squabbles split Atlas Obscura leadership
The relationship between the company’s founders and some of its investors appears to have soured.
Bill O’Leary/The Washington Post via Getty Images
Vanity Fair expected to let Olivia Nuzzi’s contract lapse, insiders say
Just weeks after Vanity Fair published an excerpt of Olivia Nuzzi’s book, it’s increasingly unlikely she’ll be a fixture on its print masthead.
Tasos Katopodis/Getty Images for Nuclear Now
UK’s The Telegraph to be taken over by rival Daily Mail
The outlet has been for sale since its previous owners ran up unsupportable debts and were removed in 2023.
How Trump is trying to remake American culture — starting with his favorite buddy-cop franchise
The president is offering some creative input on potential upcoming projects.
CNN drops out of Apple News feed, for now
The two companies are continuing to discuss a new deal that would restore CNN’s stories to Apple News.
Can the Supreme Court keep its secrets? With Jodi Kantor of the New York Times
New York Times investigative reporter Jodi Kantor joins Mixed Signals to explain how she’s revealed the secrets of internal deliberations behind the ceremony and black robes of the US Supreme Court.
Derek Thompson on why everything is becoming television, and whether democracy can survive it
Derek Thompson explores why endless video feeds are commanding attention like never before, his book Abundance, his shift from The Atlantic, and the leap to independent work.
Vox to partner with Patreon for new paywalled shows
Vox said it hopes to supplement its shows with live newsroom conversations and community features such as chats.
The old MSNBC relaunches into a new media world
The network, now called MS NOW, is in the midst of its biggest gamble since it launched in 1996.
An unpublished profile raises questions about Epstein — and journalism
Buried deep in the House Oversight Committee’s recent release of emails from Jeffrey Epstein’s inbox is an 8,684-word profile by the reporter Michael Wolff.
Comcast, Paramount, Netflix near bids for Warner Bros. Discovery
A frenetic pursuit for the last big chunk of media assets is entering its next stage.
BBC director general quits over Trump reporting
He resigned over a report suggesting the broadcaster had misleadingly edited a speech by US President Donald Trump.
Axel Springer’s CEO — and biggest star — is chasing his next deal
Mathias Döpfner is emerging as a new-school mogul: ubiquitously public, sitting on a pile of cash, and on the hunt for more deals.
Zaslav meets with Comcast executives as bidding war ramps up
Comcast may feel there is still a path forward for a deal.