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6:35 AM ET, February 18, 2026

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Financial Times:
WBD tells Paramount to make its “best and final offer” within seven days, or get out of the way of Netflix's agreed $83B deal; Netflix granted a weeklong waiver  —  Netflix grants weeklong waiver to rival bidder in high-stakes battle for control
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Todd Spangler / Variety:
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
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”
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
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
Krystal Hur / Wall Street Journal:
Filing: Berkshire Hathaway reports that it purchased 5.1M shares of The New York Times during the December quarter; NYT rises 3%+ pre-market  —  In Warren Buffett's last quarter as CEO, his company further trimmed its holdings in iPhone maker  —  Berkshire Hathaway sold shares in Bank …
Caitlin Huston / The Hollywood Reporter:
Versant's MS Now signs a deal with Crooked Media to air highlights from Crooked podcasts such as Pod Save America and Lovett or Leave It, at 9pm ET on Saturdays  —  In a notable video podcast pact, highlights from Crooked shows such as ‘Pod Save America’ and ‘Lovett or Leave It’ will air Saturdays at 9 p.m. ET.
Olivia Empson / Wall Street Journal:
A profile of women-focused conservative magazine Evie, founded in 2019 and named for a modern take on the Bible's original woman, with 192K Substack followers  —  Named for a modern version of the Bible's original woman, Evie aims to reach a new kind of conservative: the churchgoing, city-dwelling, working young mother
Discussion: Vanity Fair
Diane Sylvester / Editor and Publisher:
News Literacy Project survey: 84% of US teens describe news media negatively, and 94% think news or media literacy should be part of their education  —  When the News Literacy Project (NLP) released its national study of teens' views of journalism in November 2025, one figure stood out …
Discussion: @dankennedy.net
Freddie Sayers / The Spectator:
The Spectator has 113K subscribers, a record, print is its fastest-growing type of subscription, and it is offering its subscription service to external clients  —  Something remarkable is happening at the world's oldest weekly magazine.  After years of relatively flat subscriber numbers …
Sarah Perez / TechCrunch:
Automattic adds an AI assistant to WordPress.com, enabling users to perform site-wide layout and style modifications via natural language commands  —  WordPress.com, the website hosting platform from Automattic, will now include a built-in WordPress AI assistant, the company announced on Tuesday.
 
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Ivan Mehta / TechCrunch:
Snapchat launches creator subscriptions in alpha, available to some creators in the US starting February 23; creators set custom monthly pricing
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
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Meta unveils Meta Adventurer and Fury glasses, each priced at $299, its first under its own brand, and a $399 Starfire model in collaboration with Kylie Jenner

New York Times:
Sources: Meta is building a standalone prediction markets app called Arena, which would probably rely on video game-like points instead of money wagers

Brian Krebs / Krebs on Security:
On the first day of their trial, two members of Scattered Spider plead guilty in the UK to charges stemming from a 2024 cyberattack on Transport for London
 
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