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10:30 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%+  —  Netflix is walking away from a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be superior.
Discussion: The Hollywood Reporter, New York Times, Wall Street Journal, CNN, Variety, ir.netflix.net, The Streamable, BBC, Deadline, Business Insider, Variety, American Prospect, Warner Bros. Discovery, Inc., Yahoo Finance, UPI, New York Times, Livemint, BBC, Deadline, Fast Company, Entrepreneur, TODAY.com, Sports Business Journal, New York Times, Media Matters for America, PCMag, @yashar, @wittywebhandle.bsky.social, @pkafka, @tailschannel.com, @danprimack, @katieporterca.bsky.social, @djlink.bsky.social, @amitisinvesting, @superwuster, Neal Rothman on LinkedIn, @ggreenwald, @joevanwye, Fincrypt, @zck, @jason, @brianstelter, Nairametrics, @brianstelter, Marketing Week, @mgsiegler, @cgasparino, @yashar, @mgsiegler, @adamjohnsonchi, @sarafischer, @lucas_shaw, @film_girl, The Mac Observer, @sarafischer, @great_katzby, @leehepner, @cgasparino, The Week, City A.M., @dianabhenriques.bsky.social, Eric Deggans on LinkedIn, @profpaulnary, @sarafischer, Tyla, @breakify.bsky.social, @politicalamericans …, @sarafischer, @howardlindzon, @michaelscherer, @brianstelter, Walter Delph on LinkedIn, Benzinga, Juan P. Delgado on LinkedIn, NBC News, Inc, Reuters, @kennysmith.org, @namcohistory.bsky.social, Forbes, @johngcole.bsky.social, Sergio Pizzolante on LinkedIn, @darnell@one.darnell.one, @jbz@indieweb.social, Wrestling Inc., New York Post, PocketGamer.biz, @kevdgrussing.bsky.social, @stevemullis.net, @davepell.bsky.social, Breitbart, Sportico, Mediaite, /Film, Animation Magazine, TechCrunch, Comic Book, Semafor, @harrymccracken.com, Superman, The Hill, The Wrap, @mikerugnetta.com, Bloomberg, Straight Arrow News, @urocklive1.bsky.social, Raw Story, Investor's Business Daily, 9to5Mac, @joeo10@mastodon.sdf.org, @jgo4justice.bsky.social, @blakestacey.myatproto.social, @jakevig.bsky.social, @chrislhayes.bsky.social, @notaaroncraig.bsky.social, Washington Examiner, NPR, Dow Jones Newswires, Fortune, @knoebel.bsky.social, The Hill, @mgsiegler.com, TV Tech, @donmoyn.bsky.social, Axios, Los Angeles Times, Adweek, World of Reel, Joe.My.God., The Independent, The Verge, Daring Fireball 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 …
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 …
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.
Sara Fischer / Axios:
Since bidding for WBD began in September, its stock price has risen 148% and Paramount raised its bid by 63%, a testament to David Zaslav's dealmaking abilities  —  In repeatedly rebuffing takeover offers from Paramount Skydance, Warner Bros. Discovery's board managed to create one of Hollywood's …
Aisha Malik / TechCrunch:
Spotify launches Audiobook Charts in the US and the UK, which will be updated weekly and highlight the top audiobooks overall and by genre  —  Spotify is launching Audiobook Charts for the U.S. and U.K., the company announced on Friday.  Similar to the streaming giant's Music and Podcast Charts …
Discussion: Spotify, 9to5Mac and Good e-Reader
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: MacRumors, Asymco and AppleInsider
Arijeta Lajka / New York Times:
An analysis of 1,000+ YouTube Shorts videos recommended to kids: the algorithm pushes bizarre, often nonsensical, AI-generated videos, and many lack disclosures  —  Experts caution that low-quality, A.I.-generated videos on YouTube geared toward children often feature conflicting information …
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.
 
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 More News: 
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
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
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
Discussion: InPublishing
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
 Earlier Picks: 
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
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
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
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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