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9:10 AM ET, May 6, 2026

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Alex Weprin / The Hollywood Reporter:
Memo: Disney CEO Josh D'Amaro lays out his long-term vision for the company, including investing in IP and building Disney+ to be “beyond a premium” streamer  —  Disney reported its fiscal second-quarter earnings early Wednesday morning, beating Wall Street expectations …
Katie Robertson / New York Times:
The NYT reports adding 310K digital-only subscribers in Q1, taking its total subscribers to 13.1M, on pace to meet its goal of 15M subscribers by end of 2027  —  The company's adjusted operating profit hit $117.9 million in the quarter, up 27.2 percent from a year earlier, on revenue of $712.2 million.
Discussion: Wall Street Journal and Reuters
RELATED:
The New York Times Company:
The NYT reports Q1 revenue up 12% YoY to $712.2M, digital-only subscription revenue up 16.1% YoY to $389M, and operating profit up 27.2% YoY to $117.9M  —  NEW YORK, May 6, 2026 - The New York Times Company (NYSE: NYT) announced today first- quarter 2026 results.  Key Highlights
Cara Lombardo / Wall Street Journal:
Barry Diller says he would buy CNN “tonight” if it were available, and a WBD-Paramount merger will prompt a “savage process” to find cost cuts worth billions  —  The media executive also said he looked at a deal for Vox while speaking at The Wall Street Journal's Future of Everything Festival
Charlotte Tobitt / Press Gazette:
People Inc reports Q1 digital revenue up 8% YoY to $253M, driven by a 24% rise in non-website income; Google Search traffic is now only 25% of core sessions  —  US publisher's “inversion” strategy finds revenue outside website ads and subscriptions.  —  People Inc chairman Barry Diller believes …
RELATED:
Christiana Sciaudone / A Media Operator:   People Inc. reports Q1 revenue down 2% YoY to $385.7M, adjusted EBITDA down 46% to $43.5M, and unique site visits fell 18% YoY
Etan Vlessing / The Hollywood Reporter:
Fubo reports Q2 revenue up 40% YoY to $1.57B, net loss of $6.2M, down from $40.9M in Q2 2025, and 5.7M North American subscribers, down from 5.9M in Q2 2025  —  The sports-first streaming service is looking to expand the reach and distribution of Fubo services in the Disney ecosystem.
Discussion: ir.fubo.tv and Cord Cutters News
Sarah Whitten / CNBC:
AMC partners with Arena One to offer real-time concerts in theaters, using interactive tech to send theater audience sounds to performers; tickets cost $40-$75  —  AMC Theatres is bringing live concerts to the big screen.  —  The world's largest theater company has partnered with Arena One …
Katie Drummond / Wired:
An interview with creator Amelia Dimoldenberg on retaining rights to her show Chicken Shop Date, staying on YouTube, new ventures, including a TV show, and more  —  The host of Chicken Shop Date joined WIRED's Big Interview podcast to talk about turning down bad deals, beating the algorithm, and the importance of being over-prepared.
 
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 More News: 
Erik Wemple / New York Times:
The reporting of Hannah Natanson, whose home was searched in connection with a federal leak probe, anchored WaPo's winning entry for the public service Pulitzer
Angelique Chrisafis / The Guardian:
A French parliament inquiry report calls for 25% cuts to public broadcasting and more; the far right plans to privatize public broadcasting if elected in 2027
Jonathan Stempel / Reuters:
The US EEOC sues NYT in Manhattan federal court, claiming it passed over a qualified white male candidate for a top editorial role to fulfill diversity goals
Sara Fischer / Axios:
OpenAI rolls out Ads Manager in beta to US advertisers, letting SMBs buy ChatGPT ads on a cost-per-impression or cost-per-click basis, after a monthslong pilot
 Earlier Picks: 
Jessica Toonkel / Wall Street Journal:
Sources: James Murdoch's Lupa Systems is in advanced talks to buy Vox Media's New York Magazine and podcast division
Alexandra Alter / New York Times:
Hachette, Macmillan, McGraw Hill, Elsevier, and Cengage, alongside novelist Scott Turow, file a class-action copyright lawsuit against Meta and Mark Zuckerberg
 

 
From Techmeme:

Jagmeet Singh / TechCrunch:
Appfigures: daily downloads of major VPN apps in India rose 49% on June 16 after India announced its Telegram ban; Proton and Turbo recorded largest increases

Financial Times:
Sources: SpaceX plans to raise $20B in a bond sale as soon as next week; the funds would be used to pay back a $20B bridge loan taken out after the xAI merger

Bloomberg:
Sources: Commerce Secretary Howard Lutnick questioned ASML leaders on concerns China acquired one of its EUV machines, violating US-led export restrictions
 
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