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9:50 PM ET, April 28, 2026

Mediagazer

 Top News: 
David Shepardson / Reuters:
The 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:
Lauren Feiner / The Verge:
Former FCC Commissioners and staffers ask a federal appeals court to require the FCC to vote on a November 2025 petition to repeal the News Distortion Policy
Discussion: Radio World and TV Tech
Zack Sharf / Variety:
President Trump says “Jimmy Kimmel should be immediately fired by Disney and ABC” over Kimmel's joke about Melania Trump
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
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.
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%  —  Spotify Technology SA shares plunged the most in more than four years after the music streaming leader gave a forecast …
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
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 …
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 …
Discussion: @joshkraushaar and @jonahdispatch
RELATED:
Sara Fischer / Axios:
Advocacy groups including WGA West and The Tech Oversight Project have written a letter urging the 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
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
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
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%  —  Ranking of all English-language publishers on Youtube with more than one million subscribers.  —  The most-subscribed English …
Aisha Malik / TechCrunch:
Snap launches AI Sponsored Snaps, a conversational ad format in Snapchat's Chat tab that lets users talk to brand-specific AI agents for product recommendations  —  Snapchat announced on Tuesday that it's rolling out “AI Sponsored Snaps,” which will allow users to interact directly with brands' AI agents.
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.
 
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 More News: 
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+
 Earlier Picks: 
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
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:

Bailey Lipschultz / Bloomberg:
SpaceX raises $75B in the biggest-ever IPO, pricing 555.6M shares at $135 each, giving it a market value of $1.77T

Lorenzo Franceschi-Bicchierai / TechCrunch:
Oracle warns customers of a critical PeopleSoft flaw after ShinyHunters claimed breaches of 100+ organizations using PeopleSoft; Oracle has not issued a patch

Christopher Dring / The Game Business:
Q&A with Xbox Chief Strategy Officer Matthew Ball about returning to console-exclusive releases, how using in-game ads could offset development costs, and more
 
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