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7:30 PM ET, February 25, 2026

Mediagazer

 Top News: 
Yasmin Khorram / Politico:
Sources: Netflix's Ted Sarandos plans to attend White House meetings Thursday, amid the WBD bid battle and after Trump's demand that Netflix fire Susan Rice  —  The Warner Bros. board of directors said on Tuesday that no final decision has been made.  If Paramount gets the nod …
RELATED:
Rob Golum / Bloomberg:
A group of 11 state AGs, led by two Republicans, send a letter to the DOJ opposing Netflix's proposed acquisition of WBD, saying it will harm consumers  —  State attorneys general led by two Republicans are raising concerns about the proposed takeover of the Warner Bros. studios by Netflix Inc., saying it will harm consumers.
Lauren Hirsch / New York Times:
WBD says Paramount's new $31-a-share offer could lead to a better deal than Netflix's, potentially triggering a four-day period for Netflix to revise its bid
Matthew Keys / TheDesk.net:
Nexstar lays off on-air staffers at LA's KTLA and New York's WPIX, after similar cuts at WGN in Chicago, as the company pursues a merger with Tegna  —  Nexstar Media Group has issued layoff notices to around a dozen on-air workers at television stations in the country's two biggest TV markets.
Lucas Manfredi / The Wrap:
Paramount reports Q4 revenue of $8.15B, a net loss of $573M, and DTC revenue up 10% YoY to $2.213B; Paramount+ subs reach 78.9M, up 4%  —  But the David Ellison-led media giant posted an overall loss of $573 million in its fourth quarter  —  Paramount+'s revenue grew 17% to $1.84 billion …
Amanda Silberling / TechCrunch:
Edison Research's Share of Ear survey: podcasts have overtaken talk radio for the first time in the US, capturing 40% listening time vs. 39% for radio  —  Podcasts have officially overtaken AM/FM talk radio as the more popular medium for spoken-word audio in the United States, according to Edison Research's Share of Ear survey.
Bobby Allyn / NPR:
Kalshi says it has suspended an editor for MrBeast and a former GOP California gubernatorial candidate for insider trading, its first public enforcement action  —  An editor who works for YouTube's biggest creator, MrBeast, has been suspended from the prediction market platform Kalshi …
Corbin Bolies / The Wrap:
At Semafor's media summit, FCC Chairman Brendan Carr said too much of the national news media is “drastically out of touch with where the American people are”  —  The FCC chairman speaks at Semafor's “Restoring Trust in Media” summit in Washington, D.C.
Matthew Keys / TheDesk.net:
Broadcaster Sinclair reports Q4 revenue of $836M, down 17% YoY, and net income down 38% YoY to $109M, core advertising revenue up 14% to $354M  —  Television broadcaster Sinclair, Inc. reported sharply lower fourth quarter and full-year earnings this week, as the broadcast television owner lapped …
George Winslow / TV Tech:
The FCC seeks comments on how sports rights changes are affecting consumers as more events move to streaming platforms; initial comment deadline is March 27  —  The Media Bureau is seeking comments on such issues as the shift of rights away from free-to-air broadcasts
Hanaa' Tameez / Nieman Lab:
Q&A with Bostopia's Evan George on his TikTok and Instagram videos under @bostopianews, summarizing Boston local news while offering his own opinions  —  “You don't need to pretend to [to be neutral] or be worried about [what people think].  Because now it just sounds like you're hiding things …
Discussion: @niemanlab.org
 
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 More News: 
Charlotte Tobitt / Press Gazette:
Beehiiv CEO Tyler Denk says creators on the platform are generating nearly $5M in collective annual earnings from subscriptions and its ad network
Eduardo Suárez / Reuters Institute:
Q&A with Carlos Dada, founder and EIC of the Salvadoran newspaper El Faro, on outlet's impact, covering his country from afar while living in exile, and more
 Earlier Picks: 
Trishla Ostwal / Adweek:
Koah, which embeds sponsored ads directly into AI chatbots and aims to build an AdSense for AI, raised a $20.5M Series A led by Theory Ventures
Max Tani / Semafor:
Sources: Jasmine Crockett ejected an Atlantic reporter from an event and called police on a CNN reporter; the Atlantic's editor called the ejection unacceptable
Gary Baum / The Hollywood Reporter:
Source: Paramount is probing allegations that president Jeff Shell leaked details about its $7.7B deal with UFC a month before its August 2025 announcement
Discussion: @eriqgardner, The Wrap and Deadline
 

 
From Techmeme:

Cristina Criddle / Financial Times:
OpenAI plans to overhaul ChatGPT in the coming weeks, turning it into a superapp with coding tools and AI agents to serve as a gateway to higher-margin products

Mark Gurman / Bloomberg:
Inside the early 2025 senior exec meeting where Apple admitted its AI failures; Tim Cook became intimately involved in Apple's AI roadmap around the same time

Leo Schwartz / The Information:
White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution
 
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