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8:00 AM ET, April 20, 2026

Mediagazer

 Top News: 
Lucas Shaw / Bloomberg:
Sources: Bill Ackman proposes merging UMG with his SPAC and naming Michael Ovitz as chair, an offer UMG is likely to reject; UMG stock is down 20% since 2021  —  Bill Ackman has offered to buy Universal Music Group.  What he really wants is for the stock to go up.
Discussion: Fortune and Digital Music News
August Brown / Los Angeles Times:
How Trump's immigration policies, visa fees, and fuel costs are affecting international artists' US tours; Pollstar: US concert volume in Q1 is down ~17% YoY  —  - 10 min Click here to listen to this article  —  On the first Sunday night of Coachella, headliner Karol G told her American fans …
Winston Cho / The Hollywood Reporter:
How the new Avatar: The Last Airbender animated film leaked months before its Paramount+ premiere; sources: Paramount ruled out a vulnerability in its systems  —  The movie leaked months ahead of its premiere on Paramount+.  An anonymous X account claimed that a Nickelodeon employee emailed …
Bloomberg:
A look at Chinese streamer iQiyi's overhaul effort to be the industry's biggest AI adopter, as it aims to release a successful GenAI film as soon as summer 2026  —  IQiyi Inc. expects AI to create a big chunk of its films and shows virtually from scratch someday soon, a monumental industry shift …
Matthew Keys / TheDesk.net:
A district court judge in California issues a preliminary injunction blocking Nexstar's acquisition of Tegna while an antitrust lawsuit proceeds  —  A federal judge in California has issued a preliminary injunction that prevents Nexstar Media Group from moving forward with its integration …
Mandy Dalugdug / Music Business Worldwide:
FICCI-EY: India's paid music streaming subscriptions rose 37% YoY to 14.4M in 2025, generating $118.2M in revenue; only ~8% of total music streamers paid for it  —  India's paid music streaming market crossed INR ₹10.3 billion in subscription revenue for the first time in 2025.
Discussion: FICCI-EY
Wendy Davis / MediaPost:
The FTC ends a demand for info from NewsGuard after settling a case against Dentsu, Publicis, and WPP; NewsGuard has sued the FTC over restrictions on Omnicom  —  Citing its recent settlements with Dentsu, Publicis and WPP over alleged ad boycotts, the Federal Trade Commission has dropped …
Maggie Harrison Dupré / Futurism:
National Today, a site that mimics news outlets and includes subdomains for dozens of US cities, appears to use AI to plagiarize articles from multiple sources  —  On Tuesday evening, we published an original interview with a researcher who had recently coauthored an intriguing study about the effects of AI on users' cognition.
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 …
Discussion: New York Times and Variety
Amanda Meade / The Guardian:
Sources: the Daily Mail broke an embargo on Prince Harry and Meghan's Australia trip; the outlet later took the article down after the royals' team complained  —  Exclusive: Publication broke embargo on confidential briefing note about the royal couple's movements five days before they arrived in Melbourne for their Australia visit
 
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 Earlier Picks: 
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
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
Discussion: TVNewsCheck
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
 

 
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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