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8:55 PM ET, April 7, 2026

Mediagazer

 Top News: 
April Roach / CNBC:
Bill Ackman's Pershing Square proposes to acquire Amsterdam-listed Universal Music Group for €56B in cash and stock, form a merged company, and list on the NYSE  —  Activist investor Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal worth about 55.8 billion euros ($64.4 billion).
RELATED:
Reuters:
UMG shares jump 11% following Pershing Square's €56B offer, which is a 78% premium to their April 2 close; UMG is down nearly a third since its 2021 listing  —  Billionaire investor Bill Ackman's Pershing Square (PSHP.L) proposed a takeover of Universal Music Group (UMG.AS) …
New York Times:
Journalist Shelly Kittleson, abducted in Iraq by an Iranian-aligned militia, has been freed after a week in captivity, per the militia and two Iraqi officials  —  The journalist, Shelly Kittleson, was abducted by a militia allied with Iran and held for a week.
Alex Weprin / The Hollywood Reporter:
Kalshi signs a deal with Fox Corp. to integrate its forecasts into Fox News, Fox Business Network, Fox One, and Fox Weather, following deals with CNN and CNBC  —  The prediction market already has deals with CNN and CNBC.  —  The biggest prediction market in the U.S. is teaming up with the biggest TV news channel in the U.S.
John Ourand / Puck:
Sources: ESPN plans to cut ~30 jobs in the coming weeks, primarily in off-camera departments, partly due to a $100M loss tied to its 2025 YouTube TV dispute  —  Layoffs are coming as the sports network deals with cord-cutting, the YouTube TV blackout, and uncertainty around whether Josh D'Amaro …
Corbin Bolies / The Wrap:
McClatchy began rolling out a “content scaling agent” that summarizes and repurposes reporters' work with new headlines in Q1, prompting some employee pushback  —  Sacramento Bee staffers refuse bylines over a new AI tool as colleagues at the Miami Herald and Charlotte Observer harbor concerns
Michael Schneider / Variety:
CBS is selling its 11:35pm ET timeslot to Byron Allen, who will air episodes of Comics Unleashed starting May 22, after The Late Show With Stephen Colbert ends  —  As “The Late Show With Stephen Colbert” ends its run next month, CBS has opted to turn its 11:35 p.m. ET post-local news timeslot …
Ashley Carman / Bloomberg:
Soros Fund Management is leading an investment round into MeidasTouch Network to expand its 24-hour digital news operation; terms were not disclosed  —  The MeidasTouch Network has taken off on YouTube as a top podcast with 300 million views a month  —  George Soros remains bullish on liberal podcasts.
Matthew Keys / TheDesk.net:
Ad tools provider Amagi tests Newspulse, which uses AI to help TV stations convert news broadcasts into social media clips; a broader release is planned in June  —  Amagi has unveiled a new tool called Newspulse that uses artificial intelligence to help television stations convert …
Ivan Mehta / TechCrunch:
Spotify expands Prompted Playlists, its AI feature for creating playlists, to include podcasts, for Premium users in the US, Canada, the UK, and other countries  —  Spotify said today that it is expanding its AI-powered feature to create playlists, called Prompted Playlist, to include podcasts as well.
New York Times:
Silicon sampling, simulating human polling with AI agents, undermines the very idea of the opinion polls and will only worsen our broken information ecosystem  —  A recent Axios story on maternal health policy referred to “findings” that a majority of people trusted their doctors and nurses.
 
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 More News: 
Andrew Liszewski / The Verge:
Amazon says Kindle and Kindle Fire devices released in 2012 and earlier won't be able to access the Kindle Store from May 20; downloaded books can still be read
Discussion: PCMag and XDA Developers
Axios:
Domestic 2026 box office revenue is off to its strongest start since the pandemic, aided by The Super Mario Galaxy Movie, which has made $191M in North America
Discussion: Puck
George Grylls / The Times:
A profile of Aaron Rupar, who manages a social media news operation monitoring Trump across 12 TV channels simultaneously, supported by a $50/year Substack
Mia Sato / The Verge:
A look at the gold rush for firms claiming to help brands get cited by AI search tools, via tactics like hiding instructions behind “Summarize with AI” buttons
Anna Nicolaou / Financial Times:
Sources: AI music startup Suno's licensing talks with UMG and Sony have stalled; labels argue that AI tools like Suno rely on human-made music and should pay
Discussion: The Verge
 Earlier Picks: 
David Bauder / Associated Press:
The News Media Guild says more than 120 of the AP staff members it represents received buyout offers on Monday
Cheyanne M. Daniels / Politico:
Trump threatens to find and jail the journalist who reported that a US officer was awaiting rescue in Iran last week, unless the journalist reveals their source
Nate Silver / Silver Bulletin:
How social media became a “freak show”: X punishes external links and most top accounts, such as Catturd, are very low-quality but get more engagement than NYT
Discussion: New York Times, @clairlemon, Fortune, @alicefromqueens, @konstantinkisin, @blueboxdave, @davidafrench, @christopherrufo, @micsolana, @noahpinion, @razibkhan, @moultano, @literaryeric, @phl43, @akoustov, @devahaz, @asymmetricinfo, @christopherrufo, @richardhanania, @robbysoave, @esjesjesj, @nntaleb, @notjessewalker, @datarepublican, @ryanburge, @jeremiahdjohns, @jamessurowiecki, @phl43, @benryanwriter, @david_ingram, @nikitabier, @david_ingram, @timcast, @richardhanania, @nikitabier, @mikeisaac, @mikeisaac, @mikeisaac, @besttrousers, @ryanburge, @asymmetricinfo, @bretdevereaux, @richardhanania, @alx, @jason_koebler, @richardhanania, @richardhanania, @jaredlholt, @stefanfschubert, @haroon, @akarlin, @yimbyland, @micsolana, @modeledbehavior, @micsolana, @aricohn, @cesifoti, @buccocapital, @modeledbehavior, @mattvanswol, @neeratanden, @modeledbehavior, @soncharm, @natesilver538, @davidu, @paulnovosad, @nikitabier, @jason_kint, @ddiamond, @jason_kint, @zerohedge, @kasparov63, @nkulw, @petersavodnik, @raharrisonpa, @katiemiller, @alanmcole, @elonmusk, @yacinemtb, @alx, @elonmusk, @kareem_carr, @elonmusk, @natesilver538, @crazy_stephen_i, @jonatanpallesen, @catturd2, @juliangough, @ryanradia, @alanmcole, @nikitabier, @natesilver538, @jaybaxter, @natesilver538, @tha_muser, @jamessurowiecki, @catturd2, @natesilver538, @nikitabier, @natesilver538, @natesilver538, @catturd2, @kirkegaardemil, @nikitabier, @nateduncannba, @natesilver538, @bing_chris, @elonmusk, @natesilver538, Jay Van Bavel, PhD on LinkedIn, Adam Shapiro on LinkedIn, @jalefkowit@vmst.io, @jayvanbavel.bsky.social, @timbray@cosocial.ca, @leavex@mastodon.social, @sundersays.bsky.social and @carnage4life.bsky.social
 

 
From Techmeme:

Amrith Ramkumar / Wall Street Journal:
President Trump signs two executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present

Chloe Taylor / CNBC:
South Korea's tech-heavy Kospi index falls 10%, dragged down by SK Hynix and Samsung; STMicro and ASML fall ~7%, and US tech stocks fall in pre-market trading

Bloomberg:
Sources: Tencent is negotiating exits from minority investments in game studios in Japan, such as Tokyo-traded Marvelous, as it reassesses its global portfolio
 
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