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9:25 PM ET, May 5, 2026

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 Top News: 
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  —  A deal, which isn't finalized, would go through Murdoch's Lupa Systems investment company  —  Media investor James Murdoch is in advanced talks to buy Vox Media's …
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  —  The class-action lawsuit accuses the tech giant and its founder and chief executive of infringing on authors' copyrights.
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  —  The New York Times (NYT.N) was sued on Tuesday by the U.S. Equal Employment Opportunity Commission, which accused the newspaper …
Sara Fischer / Axios:
OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis  —  OpenAI has launched a self-serve advertising platform, executives said, marking a significant step in its goal of generating $2.5 billion …
Nicola M White / Bloomberg:
Elon Musk agrees to pay $1.5M to settle US SEC allegations that he cheated Twitter shareholders in 2022 by not disclosing the 5%+ stake he had in the company  —  Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders …
Neil Batey / C21Media:
Ampere: KPop Demon Hunters exceeded one billion viewing hours; its success brings into question whether Netflix will keep reducing commissions of kids' content  —  Global streamer Netflix reduced commissions for kids' content between 2024 and 2025, even as its animation sensation KPop Demon Hunters surpassed …
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  —  Hannah Natanson's reporting anchored a package of articles from The Washington Post that won a Pulitzer on Monday, four months after agents seized her devices.
Riddhi Setty / Columbia Journalism Review:
The Pittsburgh Post-Gazette's union estimates 80% of those on staff who had been on strike and six of seven guild officers were not rehired by the new owners  —  A nice save, followed by rough cuts.  —  It was a miraculous save.  After a three-year strike, the Pittsburgh Post-Gazette …
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  —  Inquiry set up by rightwing politician recommends merging major channels and slashing TV entertainment budgets by 75%
 
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 More News: 
Christiana Sciaudone / A Media Operator:
People Inc. reports Q1 revenue down 2% YoY to $385.7M, adjusted EBITDA down 46% to $43.5M, digital revenue up 8% YoY to $253.2M, unique site visits fell 18%
Discussion: Benzinga
 Earlier Picks: 
Alice Brooker / Press Gazette:
Axios says Axios Local will expand from 35 to 43 US cities by 2026's end and paying members more than doubled to 15K since 2025's end, as it seeks profitability
Jason Zinoman / New York Times:
Q&A with David Letterman on his “disbelief” at The Late Show ending, CBS citing financial reasons to cancel it, Byron Allen, his favorite memories, and more
Josephine Walker / Axios:
How the BookTok community is reshaping streaming as studios turn to influential creators and fanbases, placing their bets on book adaptations to win viewers
Nellie Andreeva / Deadline:
CBS' Tracker is moving production from Vancouver to Los Angeles for Season 4 after receiving a $48M California tax credit, the biggest ever for a series
Media Matters for America:
Media Matters settles with the FTC, and says the FTC agreed to “forgo future investigations of MMFA”; the FTC confirms Media Matters isn't under any probe
Javier Córdoba / Associated Press:
Costa Rican outlet La Nación says the US revoked several board execs' visas without explanation, after critical coverage of President Chaves, a close Trump ally
Todd Spangler / Variety:
Paramount expects “significantly lower theatrical revenue” in 2026 due to lower average box office per film, despite committing to 30 annual releases with WBD
 

 
From Techmeme:

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

Terje Solsvik / Reuters:
Norway imposes a near ban on gen AI use by elementary school children and restricts its use in older kids' education, to prevent a negative impact on learning

Liv McMahon / BBC:
John Edwards, UK Information Commissioner and chair of the ICO, the country's data and AI regulator, resigned following a workplace investigation
 
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