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Dade Hayes / Deadline:
The NAB's CEO says the FCC's “nearly unprecedented request” for Disney to reapply for TV licenses is contrary to established principles and creates uncertainty — In a statement Wednesday, the head of the top industry trade group said Carr's move to initiate an early review …
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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
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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
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
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Todd Spangler / Variety:
Alphabet reports YouTube's Q1 ad revenue rose 10.7% YoY to $9.88B, vs. $9.99B est., and Google's ad revenue reached $77.25B, up from $66.89B in Q1 2025 — Time spent viewing on YouTube, the internet's most massive video platform, keeps growing at a healthy clip — and with it …
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Jonathan Vanian / CNBC:
Meta reports Q1 family DAP up 4% YoY but down 20M QoQ to 3.56B, vs. 3.62B est., due to internet disruptions in Iran and WhatsApp access restrictions in Russia — Meta shares fell about 7% in extended trading on Wednesday after the company reported lower-than-expected capital expenditures, or capex, and missed on user growth.
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Meta:
Meta reports Q1 revenue up 33% YoY to $56.31B, net income up 61% to $26.77B, says “scrutiny on youth-related issues” and trials may “result in a material loss” — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2026.
Annie Palmer / CNBC:
Amazon reports Q1 ad revenue up 24% YoY to $17.24B, vs. $16.87B est., and subscription services revenue up 15% to $13.43B — Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. — CNBC Councils — Join the CNBC Panel
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Wall Street Journal:
Sources: Amazon executives, including MGM Studios head Mike Hopkins, have discussed rebooting The Apprentice for Prime Video, with Donald Trump Jr. as the host — Studio executives have held internal discussions about making new episodes of reality TV show — First it bought the “Melania” documentary.
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Jay Peters / The Verge:
YouTube rolls out Full Multiview Customization to YouTube TV, letting users pin up to four live streams in a window, after debuting a limited version in 2023 — Custom multiview is finally here. Custom multiview is finally here. … YouTube CEO Neal Mohan announced Tuesday that YouTube TV is getting “fully customizable” multiview.
Discussion:
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Brian Steinberg / Variety:
The CW and ESPN agree to let ESPN stream ~800 hours of CW sports per year; the CW and Roku plan to stream CW entertainment to The Roku Channel in Fall 2026 — Approximately 800 hours of college football and basketball, professional bull riding, WWE fights, NASCAR races …
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Patrick Coffee / Wall Street Journal:
Hightouch, which uses AI to help marketers create and manage campaigns, raised $150M led by Goldman Sachs and Bain at a $2.75B valuation, up from $1.2B in 2025 — The Trade Desk also invested in Hightouch, which is now valued at $2.75 billion — Hightouch, a platform that uses generative AI …
Caitlin Huston / The Hollywood Reporter:
Antenna: Roku's $2.99-per-month streamer Howdy hits 1M subscribers, after adding 300K subscribers in its first month and 100K+ every subsequent month — Streaming research firm Antenna has triangulated the numbers, adding that the low-cost service has better retention than other streaming services.
Sarah Perez / TechCrunch:
Divine, a Vine reboot financed by Jack Dorsey-backed nonprofit “and Other Stuff” and built by an early Twitter employee, debuts with ~500K restored Vine videos — A new project to bring back Vine's six-second looping videos is now available for download on the App Store and Google Play.
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Charlotte Hughes-Morgan / Bloomberg:
UMG reports Q1 subscription revenue grew 12.5% YoY to €1.3B, with recorded music revenue up 8.9% to €2.25B, and plans to sell 50% of its Spotify stake — Universal Music Group NV reported first-quarter subscription revenue grew more than expected, highlighting the strength …
