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8:20 PM ET, April 28, 2026

Mediagazer

 Top News: 
David Shepardson / Reuters:
The FCC officially orders early license reviews of eight Disney-owned ABC stations, in LA, Chicago, San Francisco, New York, Philadelphia, Houston, and more  —  The Federal Communications Commission on Tuesday ordered early license reviews of eight Disney-owned ABC stations in a major escalation …
RELATED:
Lauren Feiner / The Verge:
Former FCC Commissioners and staffers ask a federal appeals court to require the FCC to vote on a November 2025 petition to repeal the News Distortion Policy
Discussion: Radio World and TV Tech
Zack Sharf / Variety:
President Trump says “Jimmy Kimmel should be immediately fired by Disney and ABC” over Kimmel's joke about Melania Trump
Madeline Halpert / BBC:
Melania Trump calls on ABC to “take a stand” on Jimmy Kimmel, after his joke that she has “a glow like an expectant widow” days before the WHCD shooting
Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 8% YoY to €4.53B, MAUs up 12% YoY to 761M, above 759M est., and forecasts Q2 operating income below est.; SPOT closes down 12.43%  —  Spotify Technology SA shares plunged the most in more than four years after the music streaming leader gave a forecast …
Sara Fischer / Axios:
Advocacy groups including WGA West and The Tech Oversight Project have written a letter urging the FTC and DOJ to probe Netflix for antitrust issues  —  Axios Media Trends … Today's Media Trends, edited by Christine Wang and copy edited by Sheryl Miller, is 1,928 words, a 7½-minute read.
Discussion: Sludge
Todd Spangler / Variety:
FCC filing: Paramount says the merged Paramount-WBD will be 49.5% owned by foreign investors, with ~38.5% of the equity held by a trio of Middle Eastern funds  —  Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors …
Reuters:
Bertelsmann agrees to combine BMG with Concord in a cash-and-stock deal giving it a 67% stake; Concord shareholders will receive a 33% stake and $1.16B in cash  —  Bertelsmann (BTGGg.F) will combine its music division BMG with rival Concord in a deal that would create the world's fourth …
The Guardian:
Australia unveils a draft News Bargaining Incentive scheme that imposes a 2.25% levy on local revenues for platforms; Meta says the government is “simply wrong”  —  Google also rejects need for reform after Albanese government reveals draft news bargaining incentive scheme
Aisha Malik / TechCrunch:
Snap launches AI Sponsored Snaps, a conversational ad format in Snapchat's Chat tab that lets users talk to brand-specific AI agents for product recommendations  —  Snapchat announced on Tuesday that it's rolling out “AI Sponsored Snaps,” which will allow users to interact directly with brands' AI agents.
Alice Brooker / Press Gazette:
Top English-language news publishers on YouTube averaged 16% subscriber growth since Jan. 2025; 28 news influencers with 1M+ followers grew subscribers by 20%  —  Ranking of all English-language publishers on Youtube with more than one million subscribers.  —  The most-subscribed English …
Matthew Keys / TheDesk.net:
Free TV Networks, a division of Versant, signs a distribution deal with Philo, extending the reach of FAST channels 365BLK, Outlaw, and Pam Grier's Soul Flix  —  Wallet-friendly streaming service Philo has inked a distribution deal with Versant's multicast business Free TV Networks to offer three of its channels on its free tier.
Rebecca Stewart / Adweek:
WPP reports Q1 revenue down 6.6% YoY to £3.3B and revenue less pass-through costs down 8.9% to £2.3B, its ninth quarter of decline  —  Rose will now only lead updates at WPP's half-year and full-year results, the company told ADWEEK … The numbers
 
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 More News: 
New York Times:
Barry Diller announces a broad overhaul of IAC, changing its name to People, with a focus on its publishing business and MGM stake, and will cut 77 positions
Jay Peters / The Verge:
Google launches Ask YouTube, a conversational AI search “experiment” that generates pages with videos and text summaries, for Premium users in the US aged 18+
 Earlier Picks: 
Max Tani / Semafor:
Sources: Axel Springer and Politico execs met with staff after a letter from employees accused Mathias Döpfner of using Politico to promote his political agenda
Elizabeth Dilts Marshall / Billboard:
Avex Music Group plans a $100M fund to acquire music copyrights, companies, and publishing catalogs over the next 12 months
Discussion: Variety and Music Ally
Alexandra Steigrad / New York Post:
Sources: CBS News ousted London bureau chief Claire Day after clashes with Bari Weiss over Iran, Gaza coverage; Shayndi Raice will lead international coverage
 

 
From Techmeme:

Reuters:
SpaceX agrees to acquire Cursor in a merger valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee

Sarah Perez / TechCrunch:
Google launches Android 17 and Wear OS 7, first on Pixel devices, with support for the latest AI models, a bubble bar UI, and live updates on Wear OS

Jay Peters / The Verge:
Snap unveils $2,195 Specs, its first AR glasses that are “fully standalone” and have a 51-degree field of view, expected “this fall” in the US, UK, and France
 
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