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1:25 AM ET, April 30, 2026

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 Top News: 
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  —  The Federal Communications Commission on Tuesday ordered early license reviews of eight Disney-owned ABC stations in a major escalation …
Discussion: @flotus, Federal Communications Commission, @katiemiller, Axios, @agomezfcc, Houston Public Media, The Wrap, PJ Media, @jcollins.bsky.social, Truthout, The Gateway Pundit, New York Times, The Guardian, CNBC, Washington Post, West Hawaii Today, @brianstelter, Washington Post, Radio & Television …, NBC News, Business Insider, @brianstelter, @brianstelter, Ars Technica, @paulthedogman.bsky.social, @mcbridetd.bsky.social, @alexweprin, @alexweprin, @jbraden2008.bsky.social, @nicoperrino, @brianstelter, @adamthierer, @shawnreynolds_, @sarahlongwell25, The Hollywood Reporter, @brianstelter, @brianstelter, @rogoswami, @mattyglesias, CBS News, @jeremymbarr, Politico, RedState, Freedom of the Press …, Adweek, Rolling Stone, @TimBondy@mstdn.social, Triangle Business Journal, Newser, Newsbusters, Forbes, TheDesk.net, The Boston Globe, Disney News, The Verge, @kimmasters.bsky.social, @jonastraxler.bsky.social, Awful Announcing, Breitbart, @chadbourn.bsky.social, Bloomberg, Cord Cutters News, Fox News, Forbes, Los Angeles Times, Deadline, NewsMax.com, New York Post, Townhall, Bloomberg Law, Consequence, Media Play News, Wall Street Journal, Lawyers, Guns & Money, @oliviaoftroye@threads.com, Mediaite, Breitbart, @sfdb.bsky.social, The Indian Express, Baller Alert, Barrett Media, Variety, @jeffjarvis@mastodon.social, New York Magazine, The Wrap, LateNighter, CNBC, @karlbode.com, NBC News, @seanokane.bsky.social, Reuters, @semafor.com, The Verge, Semafor, New York Daily News, Katie Couric Media and The Hill
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
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.
RELATED:
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.
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 …
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.
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.
New York Times:
Digital advertising is booming for Google and Meta, helped by AI tools used for language translation, real-time changes to ad copy, and easier ad targeting  —  For years, DribbleUp, a sports equipment company, spent its own time and resources figuring out whom it should advertise its basketballs and soccer balls to on Facebook.
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 …
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.
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 …
 
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 More News: 
Scilla Alecci / ICIJ:
People posing as ICIJ journalists or whistleblowers targeted Taiwanese officials and real reporters after a 2025 ICIJ investigation called China Targets
Charlotte Tobitt / Press Gazette:
Sky News says the Iran war has been a “breakthrough” for Sky in digital video, with high engagement for its eyewitness journalism and in-depth analysis
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
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
 Earlier Picks: 
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
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
 

 
From Techmeme:

Adam Satariano / New York Times:
In preliminary findings, the EU Commission said Facebook's and Instagram's “addictive design” violates the DSA, telling Meta to make changes or risk hefty fines

Bloomberg:
Analysis: Alphabet, Amazon, Meta, Microsoft, and Oracle, the top spenders on new US data centers, collectively added ~$350B in debt over the past five years

Kif Leswing / CNBC:
SK Hynix opens up 14% at $170 after raising $26.5B in the largest ever US market debut by a foreign company
 
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