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11:40 AM ET, April 28, 2026

Mediagazer

 Top News: 
Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 8% YoY to €4.53B, MAUs up 12% YoY to 761M, above 759M est., and forecasts Q2 operating income below est.; SPOT drops 10%+  —  Spotify Technology SA, the music streaming leader, reported results that underwhelmed Wall Street, forecasting operating income …
Todd Spangler / Variety:
FCC filing: Paramount says the merged Paramount-WBD will be 49.5% owned by foreign investors, with ~38.5% of the equity held by a trio of Middle Eastern funds  —  Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors …
Semafor:
Sources: the FCC is moving toward a review of Disney's broadcast licenses, putting pressure on the ABC owner as it faces scrutiny over Jimmy Kimmel's monologue  —  The Federal Communications Commission is moving toward a review of Disney's broadcast licenses, according to people familiar with the matter …
RELATED:
Zack Sharf / Variety:
President Trump says “Jimmy Kimmel should be immediately fired by Disney and ABC” over Kimmel's joke about Melania Trump  —  Just hours after his wife, Melania, wrote in an X post that ABC must “take a stand” against Kimmel and his “atrocious behavior,” Trump took to his Truth Social account …
Madeline Halpert / BBC:
Melania Trump calls on ABC to “take a stand” on Jimmy Kimmel, after his joke that she has “a glow like an expectant widow” days before the WHCD shooting
The Guardian:
Australia unveils a draft News Bargaining Incentive scheme that imposes a 2.25% levy on local revenues for platforms; Meta says the government is “simply wrong”  —  Google also rejects need for reform after Albanese government reveals draft news bargaining incentive scheme
Max Tani / Semafor:
Sources: Axel Springer and Politico execs met with staff after a letter from employees accused Mathias Döpfner of using Politico to promote his political agenda  —  The Scoop  —  Executives at Politico and its parent company, Axel Springer, held a meeting on Monday with its journalists …
Reuters:
Bertelsmann agrees to combine BMG with Concord in a cash-and-stock deal giving it a 67% stake; Concord shareholders will receive a 33% stake and $1.16B in cash  —  Bertelsmann (BTGGg.F) will combine its music division BMG with rival Concord in a deal that would create the world's fourth …
Jakub Krupa / The Guardian:
Journalist Andrzej Poczobut, the 2025 Sakharov prize winner, is freed after five years in a Belarusian prison as part of a US-brokered multi-country swap deal  —  Sakharov prize winner was given eight-year sentence after process widely condemned as politically motivated
Rebecca Stewart / Adweek:
WPP reports Q1 revenue down 6.6% YoY to £3.3B and revenue less pass-through costs down 8.9% to £2.3B, its ninth quarter of decline  —  Rose will now only lead updates at WPP's half-year and full-year results, the company told ADWEEK … The numbers
Jay Peters / The Verge:
Google launches Ask YouTube, a conversational AI search “experiment” that generates pages with videos and text summaries, for Premium users in the US aged 18+  —  ‘Ask YouTube’ is a new way to search that generates an AI Mode-like page of information.
New York Times:
Barry Diller announces a broad overhaul of IAC, changing its name to People, with a focus on its publishing business and MGM stake, and will cut 77 positions  —  The artificial intelligence giant has reportedly fallen behind on its own user and revenue targets, raising questions about its data center and I.P.O. plans
 
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 More News: 
Catherine Shoard / The Guardian:
How sanitized biopics became a Hollywood staple, as studios and estates of celebrities seek to monetize fan nostalgia; Michael is expected to earn more than $1B
 Earlier Picks: 
Alexandra Steigrad / New York Post:
Sources: CBS News ousted London bureau chief Claire Day after clashes with Bari Weiss over Iran, Gaza coverage; Shayndi Raice will lead international coverage
Olivier Sorgho / Notes From Poland:
A Polish influencer broke the world record for charity fundraising during a livestream, raising ~$69M for children's cancer treatment over a nine-day stream
Discussion: Bloomberg and Reuters
Todd Spangler / Variety:
Taylor Swift's TAS Rights Management files applications to trademark the singer's image and “sound marks”, aiming to protect against threats posed by AI
Ted Johnson / Deadline:
President Trump lashed out at Norah O'Donnell in a 60 Minutes interview after she read a portion of a manifesto left by the WHCD shooting suspect
 

 
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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