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6:35 AM ET, February 26, 2026

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 Top News: 
Lucas Manfredi / The Wrap:
Paramount reports Q4 revenue up 2% YoY to $8.15B, a net loss of $573M, and DTC revenue up 10% YoY to $2.213B; Paramount+ subscribers rise 4% YoY to 78.9M  —  But the David Ellison-led media giant posted an overall loss of $573 million in its fourth quarter  —  Paramount+'s revenue grew 17% …
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:
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.
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 …
Minho Kim / New York Times:
Sources: in a draft funding agreement, the Trump administration seeks to limit editorial freedom safeguards for two US-funded overseas news outlets  —  Two federally funded newsrooms received a draft funding agreement that could give President Trump's appointees the power to veto their new hires …
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  —  Considered an “author's publisher” at Random House and then Penguin, she cultivated the careers of dozens of celebrated novelists and nonfiction writers.
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
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
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.
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  —  Mexico formally requested the FBI's help in seeking answers about one of my stories.  Having federal agents on my doorstep sparked …
 
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 More News: 
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
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
 Earlier Picks: 
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
 

 
From Techmeme:

Axios:
Anthropic says new DOD “contract language” made “virtually no progress” on preventing Claude's use for mass domestic surveillance or fully autonomous weapons

Annie Palmer / CNBC:
Block says it is laying off more than 4,000 of its 10,000+ employees; XYZ jumps 19%+ in extended trading

Elyse Betters Picaro / ZDNET:
Apple says iPhone and iPad on iOS 26 and iPadOS 26 have become the first consumer devices NATO approved for use up to the “restricted” level of classified data
 
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