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4:40 PM ET, February 17, 2026

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 Top News: 
Alex Weprin / The Hollywood Reporter:
Stephen Colbert says CBS lawyers blocked an interview with Democratic US Senate candidate James Talarico, citing the FCC's equal time guidance for TV talk shows  —  Colbert and ‘The Late Show’ posted the interview with James Talarico on the show's YouTube page to bypass the FCC's oversight.
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Todd Spangler / Variety:
CBS says The Late Show was not prohibited from broadcasting a James Talarico interview and was given “legal guidance” that a broadcast could trigger an FCC rule  —  CBS said it did not force “The Late Show With Stephen Colbert” to pull an interview with Texas state Rep. James Talarico …
Naman Ramachandran / Variety:
By not airing Colbert's interview with Talarico, CBS bowed to FCC pressure preemptively as the agency hasn't formally eliminated talk show equal time exemptions  —  Stephen Colbert went public Monday night with a striking accusation against his own network: that CBS lawyers had barred …
Financial Times:
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Todd Spangler / Variety:14 minutes ago
Paramount says it is “prepared to engage” with WBD on takeover talks during a seven-day negotiating window, but doesn't say whether it will raise its bid  —  The company didn't indicate that it is willing to increase the price tag for its hostile takeover bid but said it was ready …
Lucas Manfredi / The Wrap:
Netflix says Paramount has caused “ongoing distraction” and “mischaracterized the regulatory review process”, and its WBD bid raises national security concerns
Todd Spangler / Variety:
WBD sets March 20 as the date for a special shareholder meeting to vote on the proposed $83B Netflix deal, which its board “continues to unanimously recommend”
Katie Robertson / New York Times:
Condé Nast names Adam Baidawi as GQ's global editorial director; Baidawi previously led British GQ and wants GQ to be a “North Star of masculinity”  —  Adam Baidawi recalls being enthralled by GQ magazine the first time he pored through an issue as a teenager in suburban Melbourne, Australia.
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Charlotte Tobitt / Press Gazette:
Mediahuis is experimenting with AI agents for commissioning, writing, and more to “automate first line news”, which is reviewed by humans prior to publication  —  Belgium-based news publisher Mediahuis is experimenting with automating the production of its “first-line” news.
Chris Quinn / Plain Dealer:
The Cleveland Plain Dealer says it has removed “writing” from some reporters' workloads; an “AI rewrite specialist” turns info gathered by reporters into drafts
Oliver Darcy / Status:
Sources: Anderson Cooper grew increasingly uneasy with the rightward direction of CBS News under Bari Weiss, a factor in his decision to leave 60 Minutes  —  On Monday evening, as the media class wrapped up its three-day Presidents' Day weekend, a bombshell development sent shockwaves across the industry.
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Lachlan Cartwright / Breaker:
Anderson Cooper is leaving 60 Minutes after almost 20 years; sources say he has decided to pass on a renewal offer with CBS  —  Legendary Newsman Will Focus on CNN And Family … Welcome to a special edition of Breaker, as we mark our first birthday, we thought what better way to celebrate than to give all of our subscribers a scoop.
Lucas Shaw / Bloomberg:
Talent agency Night Media, which represents social media celebrities and owns a podcast network, raised $70M to expand into gaming, sports, and music  —  Night Media Inc., the talent management firm that represents social media celebrities such as popular Twitch streamer Kai Cenat …
 
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Lucia Moses / Business Insider:
NBCU sues Group Black, a firm created to direct ad dollars to Black-owned and Black-led media, alleging $35.8M in unpaid invoices and guaranteed payments
Matt Hughes / The Guardian:
Sources: the English Premier League extends its South America and Caribbean broadcast contract with ESPN through 2031 in a £450M deal, up 25% from the last deal
Discussion: Mirror
Dominic Ponsford / Press Gazette:
Future launches Future Optic, a commercial Generative Engine Optimization, or GEO, service that aims to boost brand visibility on AI platforms like ChatGPT
 Earlier Picks: 
Naman Ramachandran / Variety:
MPA: Japan's premium VOD sector hit a revenue of $7.2B in 2025, up 15% YoY; Netflix leads with 22% of revenue; Prime Video has the most subscribers at 19.3M
Alice Brooker / Press Gazette:
Manchester-based local newsletter publisher Mill Media plans to expand to Leeds as its seventh brand if it gets 500 paying subscribers for the unnamed title
Discussion: HoldtheFrontPage
Todd Spangler / Variety:
Apple says it will bring “advanced video capabilities” to Apple Podcasts this spring, including allowing users to switch between watching and listening to shows