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4:40 PM ET, February 21, 2026

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 Top News: 
Alex Weprin / The Hollywood Reporter:
FCC Chair Brendan Carr announces a voluntary campaign for broadcasters to celebrate the United States' 250th birthday by airing patriotic content  —  FCC chairman Brendan Carr's Pledge America campaign suggests that TV and radio stations air PSAs or begin their days with the Pledge of Allegiance .
New York Times:
A US judge rebukes a DOJ prosecutor for not mentioning a 1980 law protecting journalists when seeking a warrant to search WaPo reporter Hannah Natanson's home  —  A prosecutor apologized for failing to alert the magistrate to a 1980 law that restricts searches for reporting materials.
Ted Johnson / Deadline:
California AG Rob Bonta says his office will give Netflix and Paramount bids for WBD a full and robust review; Netflix says 13-14 state AGs are probing the deal  —  Bonta's statement on Friday underscored another element in the regulatory road for the merger: state attorneys general …
RELATED:
Bloomberg:
In a letter to Sen. Mike Lee, Ted Sarandos defends Netflix's WBD bid against James Cameron's criticism and reiterates his pledge for a 45-day theatrical window  —  Netflix Inc. co-Chief Executive Officer Ted Sarandos is defending his company's plans for movies if its acquisition …
CNBC:
James Cameron blasts Netflix's proposed acquisition of WBD, in a letter to Senator Mike Lee, calling it “disastrous for the theatrical motion picture business”
Pew Research Center:
Survey: 6% of US adults often get news from email newsletters, 24% say they sometimes get news this way; just 3% say they prefer newsletters for getting news  —  Three-in-ten Americans at least sometimes get news from newsletters, but many don't read most of the newsletters they get
Discussion: Ben Werdmuller
Adam Liptak / New York Times:
How Alan Dershowitz's petition to seek review of his CNN libel suit threatens NYT v. Sullivan, which Dershowitz argues should only apply to government officials  —  Alan Dershowitz was present at the creation of New York Times v. Sullivan.  Now he is asking the Supreme Court to revise or destroy it.
Discussion: Townhall and SCOTUSblog
Matthew Keys / TheDesk.net:
The FCC approved Sinclair's acquisition of four local TV stations that Sinclair already operates in Michigan and New York; DirecTV initially challenged the move  —  The Federal Communications Commission (FCC) on Friday approved an application by Sinclair, Inc. to acquire four local television stations …
Gene Maddaus / Variety:
The MPA has sent a cease-and-desist letter to ByteDance, demanding it add safeguards against infringement on Seedance 2.0 and stop AI training on studios' IP  —  The Motion Picture Association urged ByteDance on Friday to stop copyright infringement on its Seedance 2.0 AI platform …
Discussion: The Hollywood Reporter and Axios
RELATED:
Elizabeth Lopatto / The Verge:
By partnering with betting markets, news organizations undercut themselves by effectively endorsing competitors and opening audiences up to ripoffs by insiders
Hanaa' Tameez / Nieman Lab:
Substack announces new tools to help writers use Polymarket data and adds Polymarket to its sponsorship pilot, prompting questions from some journalists
 
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 More News: 
Dominic Ponsford / Press Gazette:
Only 11 out of 131 ABC-audited UK magazines grew their actively purchased print sales in 2025, including Harper's Bazaar, The Spectator, and The Week Junior
Maxwell Zeff / Wired:
Perplexity's retreat from ads signals a strategic shift as it recognizes its product is not for a mass audience and expects growth to come from enterprise sales
 Earlier Picks: 
James Hibberd / The Hollywood Reporter:
After a backlash, AMC opts out of screening an AI short film during its pre-show, programmed by ad company Screenvision, before feature films
Charlotte Tobitt / Press Gazette:
The UK CMA says Getty and Shutterstock's $3.7B merger could lead to a “substantial lessening of competition” in the UK editorial market for news events
Anhata Rooprai / Reuters:
Apple TV has signed a distribution deal with EverPass Media to bring live sports content to US businesses such as bars, restaurants, hotels, and gyms