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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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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 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.
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Krystal Scanlon / Digiday:
Meta introduces Meta Ads AI connectors in open beta, letting advertisers use their preferred third-party AI tools to create, manage, and analyze campaigns — In a break from its walled garden approach, Meta is opening its ad ecosystem to third-party AI tools.
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AdExchanger, Marketing Interactive, PerformanceMarketingWorld and BMI, more at Techmeme »
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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
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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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Ethan Millman / The Hollywood Reporter:
UMG artists will receive a share of the proceeds from UMG's Spotify stock sale, regardless of debts; WMG paid out $126M to artists from its 2018 stock sale — Years ago, as part of her negotiation process to sign with UMG, Swift demanded that the company pay out artists …
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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
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Alyssa Ray / The Wrap:
A Texas court stays the turnover of Infowars to the official who agreed to license it to The Onion; Sandy Hook families will seek emergency relief from courts — “[This] just warms my heart and still gives me faith in America and our legal system,” the Infowars founder adds
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Bloomberg Law, The Post Millennial, Austin American-Statesman, @benmullin, @benmullin and Associated Press
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% — Three US tech giants accounted for two thirds of every pound spent on advertising in the UK last year.
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Fortune, more at Techmeme »
Jay Peters / The Verge:
Netflix starts rolling out its new Clips vertical video feed as a separate tab in the UK, the US, Canada, Australia, India, and four other countries — The new ‘Clips’ tab shows, you guessed it, Netflix clips. … Netflix is starting to roll out a big revamp of its mobile app …
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
Isabella Simonetti / Wall Street Journal:
Sources: London-based DAZN agrees to acquire ViewLift, which builds tech for streaming services for 15 professional US sports teams and others, for ~$100M — DAZN is seeking to expand its reach within the U.S. — Sports media company DAZN has agreed to buy technology company ViewLift …
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Advanced Television, Awful Announcing, Sports Business Journal, Streaming Better and Sportico
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