Broadcasting
APCON, NBC Seek EFCC’s Support to Recover Advertising Debt

Advertising Practitioners Council of Nigeria (APCON), apex regulatory body in the nation’s advertising industry, and the National Broadcasting Commission (NBC), have enlisted the support of the Economic and Financial Crimes Commission (EFCC) in their quest to curb the fraudulent activities of some stakeholders, and find a lasting solution to the issue of advertising debt in the industry.

The two agencies solicited the support of the anti-graft commission in sanitizing the media/advertising industry, and eliminate the iniquitous activities of some operators in the sector.
Speaking at the meeting, Dr. Lekan Fadolapo, APCON registrar, stated that the intervention of the commission would go a long way in enhancing the success of the ongoing industry reforms; since it would eradicate financial corruption and unethical practices, which he argued had continued to cripple the growth of the nation’s advertising industry.
He therefore appealed to the commission to provide financial security for the advertising industry against all forms of financial crimes
In his own remarks, Mallam Balarabe Ilelah, DG of NBC, stated that the fraudulent activities of some stakeholders and the huge debt in the nation’s advertising industry had been of great concerns to the commission; since they had continued to create operational challenges for the industry.
“Most media houses are crippled operationally as obtaining credit under false pretense and other fraudulent activities of some stakeholders are endangering the growth of the industry,” he stated.
While pledging the anti-graft agency’s commitment to supporting the nation’s advertising industry, its chairman, Mr Abdulrasheed Bawa, reiterated the commission’s zero tolerance for corruption and financial crimes in the country.
He assured the agencies of the commission’s readiness to create two desk offices in Abuja and Lagos, that would enable it intervene appropriately on advertising industry issues.
The EFCC’s boss however enjoined the two agencies to come up with a detailed proposal, including framework and scope of such intervention.
Broadcasting
NIPR Postpones Maiden PRICE Awards to January 25, 2026

Nigerian Institute of Public Relations (NIPR) has announced the postponement of its maiden annual Public Relations, Reputation, Ideas, Concepts and Excellence (PRICE) Awards and Prizes to January 25, 2026.

NIPR
The event, earlier scheduled for December 7, 2025, was deferred to accommodate stakeholders whose observance of Christmas festivities had commenced earlier than expected.
Chairman of the Organising Committee, Mr. Israel Opayemi, urged stakeholders to note the new date and prepare to participate in the ceremony.
He said the awards would motivate professionals, practitioners and scholars, while enhancing Nigeria’s global competitiveness in the public relations ecosystem and strengthening brand equity for all stakeholders.
Opayemi reaffirmed the Committee’s commitment to delivering a best-in-class award administration and ceremony, describing the PRICE Awards as a credible and enduring platform to identify, celebrate and elevate outstanding individuals, campaigns and organisations shaping the public relations landscape across sectors.
The development of the PRICE Awards peaked in September 2025 when the NIPR President and Chairman, Council, Dr. Ike Neliaku, inaugurated a 12-man committee to organise the maiden edition. The inauguration followed the Council’s adoption of the report of a technical team tasked with establishing the awards.
Broadcasting
Netflix Seals $82.7bn Deal to Acquire Warner Bros., HBO Max

Netflix has announced a landmark agreement to acquire Warner Bros. and HBO Max in a transaction valued at $82.7 billion, a move analysts say will reshape the global entertainment industry.

Netflix
The deal, which includes Warner Bros.’ film and television studios, HBO, HBO Max, and Warner Bros. Games, was unanimously approved by the boards of both companies. Under the terms, Warner Bros. Discovery (WBD) shareholders will receive $23.25 in cash and $4.50 in Netflix shares for each WBD share.
Netflix co-CEO Ted Sarandos described the acquisition as “a defining moment” for the streaming giant, noting that the company intends to maintain Warner Bros.’ current operations while expanding its production capacity.
“By combining Warner Bros.’ incredible library of shows and movies with Netflix’s culture-defining titles, we can give audiences more of what they love and help define the next century of storytelling,” Sarandos said.
The transaction is expected to close within 12 to 18 months, following the planned spin-off of WBD’s TV networks division, Discovery Global, in 2026. Netflix projects annual cost savings of $2–3 billion by the third year after completion and expects the deal to be accretive to earnings per share by year two.
Industry groups, including the Directors Guild of America and Cinema United, have raised concerns about the impact on movie theaters, while regulators are expected to scrutinize the deal over antitrust issues. Netflix has pledged to continue supporting theatrical releases, with Warner Bros.’ cinema commitments running through 2029.
Warner Bros. Discovery CEO David Zaslav hailed the agreement, saying it “combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love.”
Observers note that the acquisition comes 15 years after former Time Warner chief Jeff Bewkes dismissed Netflix as “the Albanian army,” underscoring the dramatic shift in the entertainment landscape.
Broadcasting
It is Official, DStv Confirms Termination of 16 Major Channels

A major shake‑up rocks viewers and subscribers of DSTV/GOTV as many channels are set to shut down and be removed on January 1, 2026.

The trigger for the upcoming shut‑down is a breakdown in negotiations between the owners of multiple global channels and the pay‑TV operator.
As of December 2025, the deal between Warner Bros. Discovery (WBD) and DStv/GOtv has expired and the two parties have not reached a renewal agreement.
Without a new carriage/distribution agreement, the channels belonging to WBD risk being pulled off the DStv/GOtv line‑up.
This is the most significant content cutback the service has seen in years.
The affected channels are:
Discovery Channel
TLC
Cartoonito
Cartoon Network
CNN International
Food Network
The Travel Channel
TNT
Investigation Discovery
Real Time
HGTV
Discovery Family
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