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8:00 AM ET, April 29, 2026

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 Top News: 
David Shepardson / Reuters:
The US FCC officially orders early license reviews of eight Disney-owned ABC stations, in LA, Chicago, San Francisco, New York, Philadelphia, Houston, and more  —  The Federal Communications Commission on Tuesday ordered early license reviews of eight Disney-owned ABC stations in a major escalation …
RELATED:
Peter Kafka / Business Insider:
Sources: Disney CEO Josh D'Amaro has decided to keep ESPN within Disney for now, rather than spinning it off  —  - ESPN used to be one of the most important assets in media.  — That's changed, because the media world has changed, and Disney has debated spinning out ESPN as a stand-alone company.
RELATED:
New York Times:
Disney CEO Josh D'Amaro faced several setbacks since taking over, and must now guide the company through federal regulatory review of ABC's station licenses  —  Josh D'Amaro, who took the helm in February, will have to lead Disney through surprising new scrutiny from the president.
Sara Fischer / Axios:
Advocacy groups including WGA West and The Tech Oversight Project write a letter urging the US FTC and DOJ to probe Netflix for antitrust issues  —  Axios Media Trends … Today's Media Trends, edited by Christine Wang and copy edited by Sheryl Miller, is 1,928 words, a 7½-minute read.
Discussion: Sludge
Matthew Gault / 404 Media:
An analysis of Internet Archive data: by mid-2025, ~35% of newly published websites since ChatGPT's launch in November 2022 were AI-generated or AI-assisted  —  Researchers found the internet is becoming aggressively positive as AI-generated text floods the web.
Jay Peters / The Verge:
YouTube CEO Neal Mohan says YouTube TV is getting “fully customizable” multiview, letting users pin up to four live streams, after a limited rollout in 2023  —  Custom multiview is finally here. Custom multiview is finally here. … YouTube CEO Neal Mohan announced Tuesday …
Ciara Zavala / Local News Matters:
A case study of using AI to aid election coverage at Bay City News, starting in 2024 and refining later, aiming to reduce journalists' manual, repetitive tasks  —  In the fast-evolving landscape of AI, we saw an opportunity to revolutionize local election coverage in our newsroom by reducing manual …
Edward Komenda / The Proton Blog:
Analysis of profiles using 2025 Google ad auction data: an average US user generates $1,600 in annual ad value; the top 10% users generate 43% of all ad value  —  Proton analyzed over 54,000 demographic profiles using 2025 ad auction data to estimate what advertisers pay to reach different types of Americans.
Matthew Kassel / Jewish Insider:
Leaked audio: Mathias Döpfner told Politico staff that employees who disagree with Axel Springer's values, or “the essentials”, shouldn't work for the publisher  —  'Nobody should work for Axel Springer despite the essentials or in disagreement with one of the essentials …
Matthew Keys / TheDesk.net:
Free TV Networks, a division of Versant, signs a distribution deal with Philo, extending the reach of FAST channels 365BLK, Outlaw, and Pam Grier's Soul Flix  —  Wallet-friendly streaming service Philo has inked a distribution deal with Versant's multicast business Free TV Networks to offer three of its channels on its free tier.
Alice Brooker / Press Gazette:
Top English-language news publishers on YouTube averaged 16% subscriber growth since Jan. 2025; 28 news influencers with 1M+ followers grew subscribers by 20%  —  The most-subscribed English-language news publishers on Youtube grew their subscriber base by an average of 16% and over the past fifteen months …
 
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 More News: 
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
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
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
 Earlier Picks: 
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+
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 closes down 12.43%
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”
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
 

 
From Techmeme:

CNBC:
SpaceX makes Nasdaq debut at $150 after pricing its shares at $135, giving it a market cap of $1.9T; Elon Musk becomes the world's first trillionaire

Cecilia Kang / New York Times:
Google sues Chinese cybercrime network Outsider Enterprise, accusing it of using Gemini AI to create fake websites and scam hundreds of thousands of Americans

Jaspreet Singh / Reuters:
Meta confirms that a widespread outage is affecting its services, including Facebook and Instagram
 
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