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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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:
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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
Discussion:
Poynter, NewsMax.com, The Wrap, Barrett Media, Mock Paper Scissors, WVEC, Benzinga, FOX 35 Orlando, TV Tech, Variety, The Hill, MS NOW, TV Insider, Time, NBC Bay Area, Deadline, Reason, CNN, Washington Examiner, LateNighter, The Daily Wire, CBS News and DNYUZ
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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Alphabet, ITPro, The Hollywood Reporter, eMarketer, MediaPost, Tubefilter, Watcher Guru, BMI, Daily Sabah, Silicon Valley Business …, Decrypt, Android Central, TechCrunch, Cord Cutters News, Proactive, Investor's Business Daily, Yahoo Finance, Search Engine Roundtable, The Wrap, TheDesk.net, The Verge, Deadline, Media Play News, Thurrott and Sherwood News, more at Techmeme »
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 a WhatsApp access restriction 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:
Mobile World Live, The Daily Upside, CNET, Silicon UK, Android Central and Yahoo Finance, 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.
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.
Annie Palmer / CNBC:
Amazon reports Q1 ad revenue up 24% YoY to $17.24B, above $16.87B est., and subscription services revenue up 15% YoY 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:
Amazon, Fortune, TechCrunch, PYMNTS.com, About Amazon, The Information, Wall Street Journal, Media Play News, The Wrap and Variety, more at Techmeme »
Hua Hsu / New Yorker:
How The Fast and the Furious franchise, which grossed $7B+ across 10 films, tells the story of Hollywood, pioneering diverse casting and technical innovations — The Marvel Cinematic Universe is often held up as the exemplar of the Hollywood mega-franchise. The “Fast” movies may have been just as influential.
Discussion:
@edmundlee, Comic Book and ScreenRant
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.
Dominic Ponsford / Press Gazette:
Analysis: in 2025, total UK ad spend grew 6.4% YoY to £46.7B; of that, £31B went to Google, Meta, and Amazon, and £1.6B went to magazines and news, down 5.1% — Press Gazette analysis based on new AA/WARC data reveals extent three US tech giants dominate UK media.
Mark Stenberg / Adweek:
Chartbeat data from 535 US and UK publishers shows growth in traffic from peer-to-peer sharing and push notifications in recent years, as search traffic falls — Push notifications and peer-to-peer sharing have grown dramatically, according to proprietary Chartbeat data shared with ADWEEK
Discussion:
InPublishing, @dannygroner.bsky.social and Digital Content Next
Shalini Ramachandran / Wall Street Journal:
How US schools' overreliance on YouTube for educational content encourages students to drift into endless video scrolling on school-issued devices — Parents find their kids captive to the video streaming site on their school-issued devices; for one, it was 13,000 YouTube videos in three months
Discussion:
Gizmodo, New York Times, @jonathanhaidt.bsky.social, @katiefallow.bsky.social and Throughline, more at Techmeme »
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