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12:55 PM ET, April 17, 2026

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 Top News: 
Jennifer Maas / Variety:
Filing: Netflix co-CEO Ted Sarandos received $53.9M in 2025 compensation, down from $62M in 2024; co-CEO Greg Peters received $53.2M, down from $60M in 2024  —  Netflix co-CEOs Ted Sarandos and Greg Peters saw their compensation come in just above $53 million in 2025, which actually marked …
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Isabella Simonetti / Wall Street Journal:
Netflix chairman and co-founder Reed Hastings will step down from the company's board after his term expires in June to focus on philanthropy and other pursuits
Lucas Shaw / Bloomberg:
Netflix reports Q1 revenue up 16% YoY to $12.25B, vs. $12.2B est., net income up 83% YoY to $5.28B, and forecasts Q2 EPS and revenue below est.; NFLX drops 10%+
Jay Peters / The Verge:
Netflix says it will launch its redesigned mobile app, which will include a vertical video feed, at the end of April
Reshmi Basu / Bloomberg:
QVC Group, owner of TV shopping channels QVC and HSN, files for bankruptcy as part of a plan to cut more than $5B in debt; shares closed down 69% on Thursday  —  Television shopping network QVC Group filed for bankruptcy Thursday as part of a plan to cut more than $5 billion of debt …
Caitlin Huston / The Hollywood Reporter:
Hulu adds four video podcasts after launching its first one in February as part of a licensing deal with podcast network Headgum  —  The titles include comedy podcast ‘Handsome’ along with rewatch pods for ‘New Girl’, ‘Prison Break’ and ‘This Is Us.’  —  Hulu is bringing four more podcasts …
Ronan Shields / Digiday:
Bauer Media Group announced company-wide restructuring this week, citing traffic loss to AI Overviews; sources: 20%-30% of its publishing division will be cut  —  Bauer Media Group, the entity behind titles such as Closer, Empire, Grazia and Heat, announced a company-wide restructuring this week …
Discussion: Press Gazette
Krystal Scanlon / Digiday:
Ad buyers say ad rates for ChatGPT are falling from $60 CPM to as low as $25 and the minimum spend to advertise is down to $50K from $250K at launch  —  Advertising in ChatGPT is already getting cheaper.  The rate advertisers pay to reach every thousand users has fallen from $60 …
Discussion: Ad Age
Rebecca Bellan / TechCrunch:
AI video startup Luma launches Innovative Dreams, a production company, in partnership with Wonder Project, a religious film and TV streamer on Amazon Prime  —  AI video generation startup Luma has launched Innovative Dreams, a production company built in partnership with Wonder Project …
Discussion: TVNewsCheck, Luma and Deadline
Ryan Glasspiegel / Front Office Sports:
Sources: the NFL and YouTube are in advanced talks for a five-game package; deal price and duration were not immediately known  —  The NFL and YouTube have entered a long-form contract review for a five-game package, Front Office Sports has learned.  —  While a deal has not been finalized …
Financial Times:
Sources: OnlyFans is in advanced talks to sell a below 20% stake at a $3B+ valuation; previous reports said it wants to sell a ~60% stake at a ~$5.5B valuation  —  Discussions with Architect Capital come less than a month after Leonid Radvinsky died  —  OnlyFans, the UK-based streaming platform used …
Brian Steinberg / Variety:
Sources: Disney told advertisers it's seeking $10M for a 30-second Super Bowl LXI ad, but the price has some marketers holding back  —  The company has told advertisers it believes they should pay $10 million for a 30-second ad in the company's 2027 telecast of Super Bowl LXI …
Rebecca Keegan / NBC News:
At Cinemacon, Paramount CEO David Ellison promises a 45-day theatrical window for Paramount films and at least 30 films per year after the WBD acquisition  —  The Paramount Skydance chief spoke at CinemaCon in Las Vegas on Thursday, after opting out of a congressional hearing on the merger earlier this week.
 
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Emily Zemler / The Wrap:
A look at Doug Liman's $70M Bitcoin: Killing Satoshi movie, which uses AI for sets, lighting, and more in post-production, cutting costs from an estimated $300M
Jagmeet Singh / TechCrunch:
Google's 2025 Ads Safety Report: Google blocked a record 8.3B ads, up 63% YoY, but suspended 36% fewer advertisers, attributing the disparity to its use of AI
 

 
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 partnership with Kylie Jenner

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

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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