December 5, 2025

Good morning.

1. Netflix agreed to buy Warner Bros. Discovery’s film/TV studios and streaming business (including HBO Max) for $72B, beating bids from Paramount and Comcast. The deal needs regulatory approval (CNBC: nwppr.co/216z).

2. Admiral Frank Bradley appeared for briefings about the Sept. 2 strike on a suspected drug boat that killed two survivors, telling lawmakers Defense Secretary Hegseth did not issue a “kill them all” order. Video of the second strike drew divided reactions (AP: nwppr.co/216y).

3. The Supreme Court ruled (6-3) Texas can use its new GOP-backed congressional map in the 2026 midterms (Hill: nwppr.co/216x).

4. The New York Times sued the Pentagon, seeking to overturn a new policy requiring reporters to agree not to publish unauthorized information, saying it violates free press and due process rights (AP: nwppr.co/216w).

5. A federal appeals court paused a ruling that ordered President Trump to withdraw ~2,000 National Guard troops from Washington, DC, letting the deployment to continue as the case proceeds (Hill: nwppr.co/216v).

6. US Southern Command said it carried out an airstrike on an alleged drug boat in the Pacific, the 22nd such strike (NBC: nwppr.co/216u).

7. Russian President Putin and Indian Prime Minister Modi met in New Delhi. Putin said Russia would provide India with “uninterrupted” fuel supplies despite US pressure (Hill: nwppr.co/216t).

8. Kalshi partnered with CNBC to integrate prediction market data into news coverage, after a similar deal with CNN (Reu: nwppr.co/216s).

–Editors