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5:10 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
Bill Bradley / Adweek:
Netflix says it continues to expect its ad revenue to reach ~$3B in 2026, doubling from 2025, and it now works with 4,000+ advertising clients, up 70% YoY
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 …
Corbin Bolies / The Wrap:
Profile of Jacqui Heinrich, Fox News' senior WH correspondent and incoming WHCA president, who prefers private negotiations with the White House to public feuds  —  The incoming White House Correspondents' Association president tells TheWrap why she thinks Donald Trump is attending …
Janko Roettgers / The Verge:
A look at the continued success of Korean content on Netflix, where subscribers watched 51B+ hours of Korean movies and TV shows between 2023 and 2025  —  Korean TV shows outperform other sources of entertainment on the service — and we're not just talking Squid Game.
Discussion: ScreenRant and What's on Netflix
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
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
Katie Robertson / New York Times:
Notus will rename itself The Star and relaunch in early June as it adds local news and sports coverage; source: Robert Allbritton will add ~$30M to its funding  —  The Washington publication is rebranding as it expands its local news and sports coverage in the wake of substantial layoffs at The Washington Post.
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 …
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 …
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 …
 
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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
 

 
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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