Exclusive | CBS Owner Discusses Settling Trump Suit, With Merger Review on Tap Paramount, owner of CBS, its namesake studio and several cable channels, has a major piece of business in front of the new administration: its planned merger with Skydance Media.

SCOOP: www.wsj.com/business/med...

Wiz Completes Piece of IPO Puzzle Five-year-old Wiz, a $16 billion–valuation startup that sells cloud cybersecurity software to large companies, has always had a flair for the dramatic. A few years ago, CEO Assaf Rappaport declared it...

www.theinformation.com/articles/wiz...

A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV (Jessica Toonkel/Wall Street Journal)

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Paramount’s Media Heiress Will Leave the Stage After Last Act in a Chaotic Drama An $8 billion deal Shari Redstone struck with Skydance Media must go through the FCC next year. The new owners are seeking over $2 billion in cost cuts.

Lots of scoops in my latest on Paramount:
-Skydance is eying over $2 billion in cost cuts
--As part of deal, Skydance is paying for Shari Redstone's apt and private jet
-George Cheeks expected to head TV
www.wsj.com/business/med... via @WSJ

James Bond Outdueled Goldfinger and Dr. No. Can He Win a Battle With Amazon? A clash between the Broccoli family, which has creative control over 007, and the e-commerce giant, which owns the franchise, has put Bond’s future on pause.

“TBD. On hold pending larger discussions”

Ooof… juicy @jtoonkel.bsky.social + Erich Schwartzel @wsj.com scoop on 007 idling…

Barbara Broccoli (Bond steward), reportedly, to friends re Amazon: “These people are f— idiots” www.wsj.com/business/med...

James Bond Outdueled Goldfinger and Dr. No. Can He Win a Battle With Amazon? A clash between the Broccoli family, which has creative control over 007, and the e-commerce giant, which owns the franchise, has put Bond’s future on pause.

Shaken and stirred: James Bond is stuck in a tug-of-war between the family that controls 007 and his new overlords at Amazon w/@erichschwarzel www.wsj.com/business/med...

Exclusive | Meta Urges California Attorney General to Stop OpenAI From Becoming For-Profit Mark Zuckerberg’s company is siding with Elon Musk in a fight against the developer of ChatGPT.

www.wsj.com/tech/ai/elon...

Netflix’s Extraordinary Parental Leave Was Part of Its Culture. That’s Over. Employees worry the pullback and other new restrictions mean the entertainment giant is losing the identity that fueled its success.

www.wsj.com/business/med...

Netflix’s Extraordinary Parental Leave Was Part of Its Culture. That’s Over. Employees worry the pullback and other new restrictions mean the entertainment giant is losing the identity that fueled its success.

www.wsj.com/business/med...

“You’re not taking a year are you?” Netflix has quietly pulled back its much-lauded parental-leave policy, one of several cultural changes as it reins in employee freedom. Lots of exclusive recordings, internal emails and documents here

BuzzFeed is $123.5M in debt with interest payments due, and a plan to cut debt will likely come soon; it earlier tried to sell Hot Ones' parent company for $70M (Peter Kafka/Business Insider)

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Exclusive | NBC Ready to Pay Triple to Gobble Up Thanksgiving Parade Broadcast Rights Macy’s and NBC near pact that would raise the spectacle’s annual average price to $60 million.

When you think of media-rights deals, you think of the NFL, the NBA, etc. Do you think of the Macy's parade? NBC does. Scoop from @JBFlint on an expected tripling of fees for the broadcaster to carry what has become a major cultural event. www.wsj.com/business/med...

At least one item on his wishlist has been granted: Bluesky has decided to quadruple the size of its contract workforce of content moderators from 25 to 100, the company told Platformer. The move comes in response to Bluesky’s rapid growth since this month’s US presidential election, which triggered a fresh exodus of users away from Elon Musk’s X and over the weekend took the platform past 22 million total users.

Some news: amid rapid growth and some over-enforcement of its community guidelines, Bluesky trust and safety chief @aaron.bsky.team tells me the company will quadruple the size of its content moderation team www.platformer.news/bluesky-grow...

Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels @amolsharma.bsky.social

SCOOPLET: New AI Entertainment Studio Gets Backing From Peter Chernin, Andreessen Horowitz