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 …
Discussion:
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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 — Josh D'Amaro, who took the helm in February, will have to lead Disney through surprising new scrutiny from the president.
Discussion:
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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, The Wrap, Axios, @katiemiller, Business Insider, Radio & Television …, @agomezfcc, New York Times, The Guardian, CNBC, Houston Public Media, Washington Post, @jcollins.bsky.social, Truthout, The Gateway Pundit, West Hawaii Today, Washington Post, Business Insider, NBC News, @brianstelter, Ars Technica, The Hollywood Reporter, @paulthedogman.bsky.social, @mcbridetd.bsky.social, @jbraden2008.bsky.social, @brianstelter, @brianstelter, @alexweprin, @alexweprin, @nicoperrino, @brianstelter, @adamthierer, @shawnreynolds_, @sarahlongwell25, @brianstelter, @brianstelter, @rogoswami, @mattyglesias, @jeremymbarr, CBS News, Politico, RedState, @freedomofpress@social …, Adweek, Rolling Stone, @TimBondy@mstdn.social, Triangle Business Journal, Newser, Forbes, Newsbusters, 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, Freedom of the Press …, Deadline, Los Angeles Times, NewsMax.com, New York Post, Townhall, Bloomberg Law, Consequence, Wall Street Journal, Media Play News, @oliviaoftroye@threads.com, Mediaite, Breitbart, @sfdb.bsky.social, The Indian Express, Baller Alert, Barrett Media, Variety, Lawyers, Guns & Money, @jeffjarvis@mastodon.social, New York Magazine, The Wrap, LateNighter, CNBC, @karlbode.com, NBC News, @seanokane.bsky.social, Reuters, @semafor.com, New York Daily News, Katie Couric Media, The Hill, The Verge and Semafor
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.
Discussion:
Android Central, Yahoo Finance, ZeroHedge News, Wall Street Journal and Business Insider, more at Techmeme »
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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.
Discussion:
Variety, Associated Press, Deadline, The Information and The Hollywood Reporter, more at Techmeme »
Joel Khalili / Wired:
Q&A with Bloomberg CTO Shawn Edwards, who says Bloomberg is overhauling the Terminal with chatbot-style interface ASKB, currently open to ~125K users in beta — WIRED spoke with Bloomberg's chief technology officer about the big, chatbot-style changes coming to the iconic platform for traders.
Discussion:
Talking Biz News and Politico
Brian Morrissey / The Rebooting:
Guardian US MD Steve Sachs says the paper has a larger audience than WaPo, and 700K paid supporters, with reader revenue up 35% per year for the past two years — It's now bigger than The Washington Post — Possible is in full swing. The Rebooting hosted a dinner last night in partnership …
Discussion:
@jalefkowit@vmst.io, Steve Sachs on LinkedIn, The Rebooting and @jayrosen.bsky.social
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.
Discussion:
StreamTV Insider, Media Play News, TechCrunch, Cord Cutters News, Motley Fool, Yahoo Finance, Ars Technica and TV Tech
Scilla Alecci / ICIJ:
People posing as ICIJ journalists or whistleblowers targeted Taiwanese officials and real reporters after a 2025 ICIJ investigation called China Targets — Shortly after publication, a slew of fake ICIJ reporters approached journalists, Taiwanese officials, and human rights advocates seeking sensitive data.
Discussion:
@rondeibert.bsky.social, @emilyzfeng.bsky.social, @runasand.bsky.social, The Citizen Lab and Forbes
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
Discussion:
The Wrap, Variety, Amazon, The Information, Wall Street Journal and Media Play News, more at Techmeme »
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 — The top editor at Sky News has explained why the channel can no longer rely on covering “commoditised” breaking news.
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 …
Discussion:
TechCrunch, Alphabet, TheDesk.net, The Hollywood Reporter, The Wrap, Silicon Valley Business …, Android Central, Decrypt, Proactive, Investor's Business Daily, The Verge, Cord Cutters News, Yahoo Finance, Thurrott, Deadline, Search Engine Roundtable, Media Play News and Sherwood News, more at Techmeme »
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