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8:45 PM ET, February 26, 2026

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 Top News: 
CNBC:
Netflix walks away from a deal to buy WBD's studio and streaming assets after WBD deemed Paramount's $31/share bid to be superior; NFLX up 9%+ after hours  —  Netflix is walking away from a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board on Thursday deemed …
Discussion: New York Times, The Hollywood Reporter, About Netflix, CNN, Business Insider, Wall Street Journal, BBC, The Wrap, Media Matters for America, New York Post, Sportico, Mediaite, /Film, TechCrunch, The Hill, Associated Press, Reuters, Bloomberg, StreamTV Insider, Adweek, Variety, TheDesk.net, TV Tech, The Hill, NPR, The Guardian, Awful Announcing, NBC News, New York Times, Deadline, Business Insider, Sports Business Journal, AppleInsider, Breitbart, Deadline, Washington Post, Cord Cutters News, Daily Mail, Wrestling Inc., MobileSyrup, Comic Book, The A.V. Club, Dow Jones Newswires, ir.wbd.com, CBS News, CinemaBlend, Thurrott, Engadget, Los Angeles Business Journal, Paramount, Cageside Seats …, Animation Magazine, NewsMax.com, Straight Arrow News, @harrymccracken.com, @rbreich.bsky.social, Just The News, Newser, RTL Today, @mikerugnetta.com, What's on Netflix, Washington Examiner, @urocklive1.bsky.social, Raw Story, TVBEurope, @leehepner, 9to5Mac, @joeo10@mastodon.sdf.org, @jgo4justice.bsky.social, @jakevig.bsky.social, @yashar, @chrislhayes.bsky.social, @film_girl, @notaaroncraig.bsky.social, Benzinga, @great_katzby, @sarafischer, Axios, CNET, Forbes, Fortune, @amitisinvesting, Los Angeles Times, @danprimack, @brianstelter, @cgasparino, The Independent, Investor's Business Daily, Joe.My.God., @knoebel.bsky.social, World of Reel, @donmoyn.bsky.social, @mgsiegler.com, Barron's Online, The Verge, Just Jared, Daring Fireball, Tech in Asia, Livemint, Media Play News, Instapundit and EasternEye, more at Techmeme »
RELATED:
Ted Johnson / Deadline:
Memo: CNN CEO Mark Thompson urged employees to avoid jumping to conclusions after Netflix pulled out of the WBD deal and to focus on serving CNN's audience  —  That has triggered a new level of consternation at the network, not just because of the every present worries about cutbacks …
Kerry Flynn / Axios:
The Athletic hires six former Washington Post sports reporters, including Candace Buckner, after the Post dismantled its sports section earlier in February  —  The Athletic is hiring a slew of sports reporters from the Washington Post to expand its coverage of D.C. teams.
Jill Goldsmith / Deadline:
WBD reports Q4 revenue fell 6% YoY to $9.46B, net loss narrowed 49% to $252M, streaming revenue rose 4% to $2.8B, and streaming subs hit 131.6M, up 3.5M from Q3  —  HBO Max added subscribers and grew revenue. … But it's the roiling M&A tide, with Paramount suddenly in a position to hijack …
RELATED:
Committee to Protect Journalists:
A record 129 press members were killed in 2025, the second consecutive YoY record; Israel was responsible for two-thirds of killings in 2025 and 2024  —  Key findings  — More journalists and media workers were killed in 2025 than in any other year since the Committee to Protect Journalists …
RELATED:
Jeremy Barr / The Guardian:
Netflix plans to debut Dynasty: The Murdochs, a four-part docuseries about Murdoch's rise and court battle over control of his media empire, on March 13  —  ‘Dynasty: The Murdochs’ will debut on the streamer on 13 March  —  The real-world drama that is said to have inspired the hit HBO show Succession …
Riddhi Setty / Columbia Journalism Review:
The Cleveland Plain Dealer says adding an “AI rewrite specialist” has saved reporters enough time for an extra day to report while producing as many stories  —  Cleveland.com is embracing AI tools, including an AI rewrite desk.  —  In October of last year, Chris Quinn …
Discussion: Fast Company
Madeline Coleman / The Athletic:
Apple TV will offer Season 8 of Netflix's Drive to Survive F1 docuseries in the US; in turn, Netflix will air Apple TV's Canadian Grand Prix coverage in the US  —  Share full article  —  In a shocking move, Apple TV and Netflix are collaborating with each other this Formula 1 season …
Reuters:
Sources: CNBC is planning an overhaul which will result in nearly a dozen layoffs, including the website's managing editor, and the introduction of a paywall  —  CNBC is restructuring its newsroom to unify its TV and digital operations in a move that would result in nearly a dozen layoffs including …
Jennifer Maas / Variety:
Starz reports Q4 revenue fell to $322.8M vs. $344.5M a year ago, net loss narrowed to $20.7M vs. $31.8M a year ago, and US streaming subs hit 12.7M, up 370K QoQ  —  Starz ended 2025 with things looking up post-Lionsgate split the now-standalone company narrowed its losses to $20.7 million vs. $31.8 million in the comparable Q4 of 2024.
Dominic Ponsford / Press Gazette:
Ozone, a publisher alliance for ad sales representing 500 media brands, signs a deal that makes Ozone's inventory available on the Microsoft Media Marketplace  —  Ozone deal with Microsoft Media Marketplace is first tie-up with buy-side ads platform.  —  Publisher online ad sales coalition Ozone …
Discussion: InPublishing
Harry Davies / The Guardian:
Northern Ireland's police and the Metropolitan police admit to unlawfully obtaining BBC correspondent Vincent Kearney's communications data to identify sources  —  Former Northern Ireland correspondent Vincent Kearney subjected to ‘unprecedented’ surveillance, says lawyer
Nektaria Stamouli / Politico:
A Greek court sentences four people, including spyware maker Intellexa's founder, to prison, for using spyware to target journalists, politicians, and others  —  Greece's “Predatorgate” scandal is one of Europe's biggest political crises over the use of hacking software.
 
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 More News: 
Diego Ore / Reuters:
Mexican broadcaster TV Azteca, controlled by Ricardo Salinas Pliego, says shareholders approved a voluntary bankruptcy process to restructure company finances
Discussion: Bloomberg
Naina Raisinghani / The Keyword:
Google rolls out Nano Banana 2, aka Gemini 3.1 Flash Image, with faster image generation, advanced world knowledge, and precision text rendering and translation
Annie Bang / Bloomberg:
Instagram is testing Shop the Look, an AI feature that surfaces duplicates of influencers' clothes, angering some who say their image was used without consent
Discussion: Social Media Today
Alexandra Bruell / Wall Street Journal:
Sources: WaPo lost $100M+ in 2025, after losing ~$100M in 2024 and $77M in 2023; its publisher told staff that expenses surpassed revenue between 2022 and 2025
 Earlier Picks: 
Sam Roberts / New York Times:
Ann Godoff, a top Random House and Penguin Press editor who cultivated the careers of dozens of novelists and nonfiction authors over 30+ years, died at age 76
Daniel Thomas / Financial Times:
The BBC, Sky News, FT, The Guardian, and The Telegraph form the Standards for Publisher Usage Rights coalition to tackle AI “scraping” of journalism
Daniel Thomas / Financial Times:
WPP says it plans to cut £500M per year in costs by 2028 and sell non-core businesses, as part of a sweeping overhaul to restore growth after a difficult period
The Guardian:
A Hong Kong appellate court overturns fraud convictions against Apple Daily founder Jimmy Lai, a rare legal victory for the prominent pro-democracy activist
Zack Whittaker / ~this week in security~:
A reporter writes about a visit from the FBI in 2020, following his story about a hack, and the long-term personal impact, along with eroding press freedoms
 

 
From Techmeme:

Anthropic:
Dario Amodei says Anthropic cannot “in good conscience” accede to DOD's request to remove safeguards and will work to ensure a smooth transition if offboarded

Annie Palmer / CNBC:
Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 23%+ after hours

Jaspreet Singh / Reuters:
Dell reports Q4 revenue up 39% YoY to $33.4B, vs. $31.73B est., and forecasts FY 2027 revenue above estimates; DELL jumps 10%+ after hours
 
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