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8:50 AM ET, February 27, 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 jumps 8%+ 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: The Hollywood Reporter, Wall Street Journal, New York Times, CNN, New York Times, ir.netflix.net, Variety, BBC, Business Insider, Deadline, Variety, Deadline, Warner Bros. Discovery, Inc., Fast Company, Sports Business Journal, Fox Business, Politico, TODAY.com, Newser, @dianabhenriques.bsky.social, Tyla, New York Times, Rock, Paper, Shotgun, MacRumors, Bloomberg, Benzinga, GamesIndustry.biz, @yashar, @wittywebhandle.bsky.social, @pkafka, @tailschannel.com, @danprimack, @katieporterca.bsky.social, @djlink.bsky.social, @amitisinvesting, Neal Rothman on LinkedIn, Puck, @ggreenwald, Fincrypt, @zck, Walter Delph on LinkedIn, International Business Times, @jason, @brianstelter, Nairametrics, @brianstelter, @mgsiegler, @cgasparino, @yashar, @mgsiegler, @adamjohnsonchi, @sarafischer, The Sun Malaysia, Reuters, @lucas_shaw, @film_girl, The Mac Observer, Inc, @sarafischer, @great_katzby, @leehepner, @cgasparino, The Week, Eric Deggans on LinkedIn, @profpaulnary, @sarafischer, Bounding Into Comics, @breakify.bsky.social, @politicalamericans …, @sarafischer, @howardlindzon, Juan P. Delgado on LinkedIn, @brianstelter, @kennysmith.org, Gamereactor UK, @namcohistory.bsky.social, Forbes, @johngcole.bsky.social, Barrett Media, Paramount, Sergio Pizzolante on LinkedIn, @darnell@one.darnell.one, @jbz@indieweb.social, Media Matters for America, Cord Cutters News, Wrestling Inc., New York Post, PocketGamer.biz, @kevdgrussing.bsky.social, @stevemullis.net, @davepell.bsky.social, Yahoo Finance, Breitbart, Sportico, Mediaite, Cageside Seats …, /Film, Animation Magazine, NewsMax.com, TechCrunch, Comic Book, Semafor, CBS News, @harrymccracken.com, Superman, The Hill, Nerdist, CinemaBlend, The Wrap, @mikerugnetta.com, StreamTV Insider, Straight Arrow News, @urocklive1.bsky.social, Raw Story, DayOne, 9to5Mac, @joeo10@mastodon.sdf.org, Investor's Business Daily, @jgo4justice.bsky.social, @blakestacey.myatproto.social, @jakevig.bsky.social, @chrislhayes.bsky.social, @notaaroncraig.bsky.social, Washington Examiner, NPR, Dow Jones Newswires, Fortune, Just The News, @knoebel.bsky.social, The Hill, @mgsiegler.com, TV Tech, @donmoyn.bsky.social, Axios, Los Angeles Times, NBC News, Adweek, World of Reel, Talking Points Memo, Joe.My.God., The Independent and r/Journalism, 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 …
Winston Cho / The Hollywood Reporter:
California AG Rob Bonta says Paramount-WBD “is not a done deal” as CA DOJ “has an open investigation” and the companies haven't “cleared regulatory scrutiny”  —  If the Justice Department and foreign regulators approves the deal, it'll be up to state attorneys general to challenge the merger.
Ted Johnson / Deadline:
US Senator Elizabeth Warren calls a potential Paramount-WBD merger an “antitrust disaster” and questions the influence of the Trump White House on the deal  —  Sen. Elizabeth Warren (D-MA) continued her criticisms of Paramount-Skydance as it is poised to win the bidding …
Marcus Mendes / 9to5Mac:
In an interview, Apple's SVP of Services Eddy Cue says Brazil is Apple TV's second-largest and fastest growing market in terms of subscribers  —  In an interview with Brazilian newspaper Folha de S. Paulo, Cue emphasized Brazil's growing role in Apple TV's global business …
Discussion: Asymco and AppleInsider
John Koblin / New York Times:
Nielsen: ~32.6M viewers watched Trump's State of the Union address, not including people who watched via streaming; Fox News led with 9M+ viewers  —  The audience was roughly on par with former President Biden's final State of the Union address in 2024.  —  About 32.6 million viewers tuned …
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.
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 …
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 …
 
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 More News: 
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
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
Frank Dalleres / City A.M.:
The English Premier League CEO says the soccer league is planning to launch streaming service Premier League Plus in Singapore starting next season
 Earlier Picks: 
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
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
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
 

 
From Techmeme:

CNBC:
OpenAI raised $110B at a $730B pre-money valuation, up from $500B in a secondary financing in Oct.; Amazon invested $50B, Nvidia and SoftBank invested $30B each

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

Axios:
Sam Altman says OpenAI shares Anthropic's red lines with respect to AI use by the military, which are “an issue for the whole industry”
 
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