MEDIA

FCC Will End Ownership Caps On Local TV Companies

“Today, national programmers can distribute their programming to 100 percent of the country — either through their own streaming services or through deals they cut with nationwide ‘virtual cable companies,’ like YouTube TV. The cap no longer constrains their control over distribution in this respect,” FCC Chairman Brendan Carr wrote. - Variety

White House May Bring US Government Into Trump’s Lawsuit Against BBC

“According to filings seen by the FT, the US government told the court in Florida ‘that it is considering participating in this litigation’. … The ‘conflict of interest is clear and stark’, the BBC said in a filing responding to the US government’s submission.” - Financial Times

Trump Drops A Portion Of His Defamation Case Against The BBC

“Trump is demanding damages from the corporation, claiming a Panorama documentary defamed him because of an allegedly misleading edit of footage of one of his speeches. … However, while (he) is pressing on with the case as a whole, he has dismissed defamation claims against … the broadcaster's commercial and production arms.” - The Telegraph (UK) (Yahoo!)

FCC Chairman: Local TV News Companies Should Get Bigger

“It’s really been holding back local broadcasters from reaching the scale necessary to invest in local news and journalism reporting,” Brendan Carr said. - The Hill

Are Movies Bad For Us?

Whether in the spirit of saving or eulogizing the industry, the question of its influence deserves serious thought. - The Atlantic

Investor Sues Paramount CEO David Ellison And His Father (And Funder) Over Alleged Side Deal With Trump To Rein In CNN

“Paramount Skydance chief David Ellison and his tech billionaire dad Larry Ellison have been sued by a Paramount shareholder who alleged they cut an ‘illegal’ deal with President Donald Trump to secure U.S. governmental approval for the takeover of Warner Bros. Discovery.” - Variety

BBC Lost More Than Half A Million License-Fee Payers Last Year

“Today’s BBC Annual Report showed that license fee payers slid by 539,000 last year to around 23.3 million. This is the biggest decline since 2020-21 and likely one of the biggest of all time. … News of the decline in license-fee payers comes with the BBC seeking some sort of revamped financial model.” - Deadline

Why Betting Site Kalshi Is Pushing Into Bets On Reality TV

Millions of dollars in bets on “Love Island USA” signal prediction platform Kalshi’s push into pop culture, where reality TV fandoms are fueling a rapid surge in entertainment trading volume. - Los Angeles Times

Why CNN Is An Important Piece Of The Paramount/Warner Deal

CNN is more important to the deal than it might seem at first glance, for two simple reasons: Politics, and debt. - The Hollywood Reporter

As California Sues To Block Paramount-Warner Bros. Merger, Paramount Considers Leaving California

“CEO David Ellison’s … confidantes have pushed him to consider moving its corporate headquarters and reallocating much of its $30 billion in planned spending outside the state” in reaction to the lawsuit. “The considerations may just be a show of brinkmanship, given so much of the industry’s production takes place outside of Hollywood already.” - Semafor

Writers Guild Files Latest Legal Challenge To Paramount-Warner Bros. Merger

“This proposed combined entity would be the largest employer of writers, with tremendous power to suppress our wages, eliminate opportunities for emerging writers, cut jobs across the industry, and produce less programming,” said Writers Guild of America East president Tom Fontana in a statement. - AP

Wyoming’s Public Television Station To Drop PBS Branding

Said the station’s CEO in a statement, “While we will continue to provide the full suite of PBS programming and member benefits like Passport, we want our local vision to not be limited by a national brand. We are Wyoming’s storyteller first and a member station second.” - Current

Netflix Considering Adding Live Channels

To bolster engagement, executives at the company have recently discussed adding live channels that would continuously stream certain programs, or shows and films from a certain genre, according to people familiar with the matter. - The Wall Street Journal

12 US States Sue To Challenge Paramount/Warner Deal

A coalition of 12 Democratic states including California, New York and Washington filed a lawsuit Monday to block Paramount’s $111 billion acquisition of Warner Bros. Discovery, the most serious legal challenge to date for one of the biggest media deals in history. - The New York Times

Learning How To Fake-Punch, Fake-Fall, And Fake-Go Up In Flames, On Camera

“The best side of a stunt always has to face the lens: The trajectory of a feigned punch, a few degrees off, can look fake to viewers.” - The New York Times

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