Axios Pro: Media Deals

January 13, 2023

Axios Pro Exclusive Content

Happy Friday, Media Mavens and welcome to the first weekly digest of the year!

⌨️ Editor Michael Flaherty here, looking back on an action-packed week. Tim remarked that he hadn't thought this much about professional wrestling since he was 12. I concurred, though I'm from the Hulk Hogan era, not the Steve Austin one.

🔔 This week also brought us the start of a knock-down, drag-out fight emerging between Disney and activist hedge fund Trian Partners. Ding ding!

1. TikTok's uncertain U.S. fate

Illustration: Natalie Peeples/Axios

Jan. 9 — TikTok entered 2023 facing deepening doubts in Washington about its future in the U.S., thanks to its ownership by China-based ByteDance, our colleague Ashley Gold wrote.

Why it matters: The short-video colossus now dominates the American social media landscape, raising concerns among lawmakers, competitors and users over data security, privacy and freedom of speech.

Read the rest of this story and Monday's newsletter

Plus: Monday's Pro Rata, with a look at AstraZeneca's latest deal

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