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Media Notes: December 7, 2025

Shia LaBeouf Meets With Peter Cullen and Frank Welker at Steel City Con 2025

The Transformers stars connected at the Pittsburgh fan convention this weekend. Welker is best known for voicing Megatron while Cullen handled voice duties for Autobot leader Optimus Prime. And, of course, LaBeouf played Sam Witwicky in the Transformers movies.

Paige Bueckers and Angel Reese sat courtside at today’s Knicks game

The WNBA stars were on hand to promote a new Oreo x Reese’s collab.

Ad Spend to Grow More Than Expected in 2025 as Tariffs Sting Less and AI Gives a Leg Up

Advertising spending will grow more than predicted in 2025 because tariffs didn’t take as big a bite as expected and AI provided a boost, according to a new forecast from media investment group WPP Media.

Global ad revenue excluding U.S. political advertising will grow 8.8% in 2025 to $1.14 trillion, WPP Media said, raising its forecast from the 6% it predicted in June. Next year will see worldwide advertising grow 7.1%, it said, revising its June forecast of 6.1%. [WSJ]

Angst Turns to Anger in Hollywood as Netflix Hooks Warner Bros.

Now that a sale has been announced, with Netflix striking an $83 billion deal for the Warner Bros. studio and its sibling streaming service, HBO Max, a different emotion is washing through the entertainment capital: Hollywood is mad.

Jane Fonda raged against a deal in a letter to an entertainment trade news publication, calling the end of a stand-alone Warner Bros. “an alarming escalation in a consolidation crisis that threatens the entire entertainment industry, the public it serves and — potentially — the First Amendment itself.”

Michael O’Leary, chief executive of Cinema United, a trade organization that represents 30,000 movie screens in the United States, called the Netflix acquisition “an unprecedented threat” and vowed to fight it. “Theaters will close, communities will suffer, jobs will be lost,” Mr. O’Leary said, noting Netflix’s policy of giving movies only “token” releases in theaters. (Shares in publicly traded theater chains, including AMC Entertainment, IMAX and Cinemark, fell as much as 8 percent on Friday.) [NYT]

Trump says he will be ‘involved’ in vetting Netflix-Warner deal

President Donald Trump said he will be involved in his administration’s approval process for Netflix’s proposed $83 billion purchase of Warner Bros. Discovery, adding that the streaming giant’s strong market position “could be a problem.”

“They have a very big market share,” Trump told reporters at the Kennedy Center on Sunday. “When they have Warner Bros., that share goes up a lot. So, I don’t know. That’s going to be for some economists to tell and also — and I’ll be involved in that decision too. But they have a very big market share.” [Washington Post]

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