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7:20 PM ET, May 6, 2026

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 Top News: 
CNN:
Ted Turner, a pioneer of 24-hour cable TV news who founded CNN, dies at 87; the Ohio-born Atlanta businessman eventually sold his networks to Time Warner  —  Ted Turner, the media maverick and philanthropist who founded CNN, a pioneering 24-hour network that revolutionized television news …
Discussion: Variety, Associated Press, New York Times, The Hollywood Reporter, NPR, TheDesk.net, The Wrap, /Film, Reuters, TV Tech, Sportico, Sydney Morning Herald, CNN, Rolling Stone, E! Online, HELLO!, @whitehouse, Oman Observer, Atlanta Business Journal, Deadline, @dankennedy.net, KTLA, KEYT-TV, Just Jared, Adweek, Breitbart, CNN, Financial Times, @benmullin, New York Times, UPI, Fortune, @officialmlk3.bsky.social, TVLine, WRIC-TV, @jasonthecartoonfan …, @phineas.bsky.social, The Hollywood Gossip, Jeff Jarvis on LinkedIn, Fox News, Al Jazeera, The Indian Express, Deseret News, Hollywood Life, CBS News, Townhall, @justinbaragona.bsky.social, @kaitlancollins, The Colorado Sun, @arguingmeadows.com, International Business Times, The Guardian, Los Angeles Times, @ncrabbithole.com, @owillis.bsky.social, TODAY.com, @espinsegall.bsky.social, @newshour@threads.com, @ChrisBoese@newsie.social, @brianstelter, @brigitteatyale.bsky.social, Bangor Daily News, @andykhouri.bsky.social, New York Post, Newser, @benmullin, Comic Book, TV Insider, Wall Street Journal, Bloomberg, @brianstelter, Cord Cutters News, One America News Network, Washington Monthly, @monscience.bsky.social, WPXI-TV, Daily Caller News Foundation, WTRF, The National Pulse, The Daily Beast, Straight Arrow News, FOX 4 News Dallas-Fort Worth, @dantethek9.bsky.social, Sports Business Journal, @jeremymbarr, Us Weekly, Town & Country, @hofrench.bsky.social, Washington Post, Inc.com, Edward Adler on LinkedIn, @WarnerCrocker@mastodon.social, @scottnover, NBC Bay Area, Out Magazine, ScreenRant, Reality Tea, Radio & Television …, @sarahweinman.com, @bunkieperkins, @supermariodang.bsky.social, ABC, TMZ.com, WXIA-TV, @pamspaulding.bsky.social, @bryancurtis.bsky.social, Washington Examiner, Axios, The Post Millennial, Consequence, @lcv.org, @samanthak.bsky.social, The A.V. Club, Suggest, The Hill, Time, RTÉ, Baller Alert, Advanced Television, Mediaite, Broadband TV News, Barrett Media, IJR, Daily Montanan, The Athletic, Forbes, Politico, The Gateway Pundit and r/Journalism
Tony Maglio / The Hollywood Reporter:
WBD reports Q1 revenue of $8.9B, up 3% YoY, net loss of $2.9B, largely due to Netflix breakup fee, ad revenue down 8%, streaming up 7%, global subs hit 140M+  —  Here's what you're getting, Paramount.  —  It's a new year for Warner Bros. Discovery, and likely its last one as we know (and love?) it.
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
RELATED:
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 …
RELATED:
Ben Fritz / Wall Street Journal:
Disney reports Q2 streaming revenue up 13% YoY to $5.49B and operating income up 88% to $582M; ESPN operating income fell 5% to $652M and revenue up 2% to $4.6B
Ken Dilanian / MS NOW:
Sources: the FBI launched a criminal leak investigation into Atlantic journalist Sarah Fitzpatrick after her report on Director Kash Patel's alcohol consumption  —  The FBI has launched a criminal leak investigation focusing on an Atlantic magazine journalist who wrote a deeply unflattering account …
Michael Savage / The Guardian:
WSJ EIC Emma Tucker says powerful figures are increasingly using the “PR strategy” of suing media outlets before they have even published a story  —  Editor-in-chief of Wall Street Journal says those with deep pockets launching legal challenges as a PR strategy
Max Tani / Semafor:
Sources say Julie K. Brown's Epstein work didn't win a Pulitzer in 2018 due to at least one jurist's concerns; this year's citation is seen as a “corrective”  —  The Scoop  —  A years-old fight among the judges of one of the most coveted prizes in media over a major investigation …
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 …
Elvira Pollina / Reuters:
Sky Italia sues Telecom Italia and DAZN, seeking up to €1.9B in damages, after Italy found TIM/DAZN deal for Serie A soccer matches violated antitrust rules  —  Pay-TV operator Sky is seeking up to 1.9 billion euros ($2.2 billion) in damages from Telecom Italia (TIM) (TLIT.MI) …
Lucas Shaw / Bloomberg:
Sources: Sony is in talks to acquire Recognition Music Group, which includes works of Justin Bieber and Neil Young, from Blackstone for between $3.5B and $4B  —  Sony Music is finalizing a deal to acquire a music catalog from Blackstone Inc. that includes works of Justin Bieber and Neil Young …
Samuel Stolton / Bloomberg:
Sources: Google has proposed changes to how it displays news results across Search in a bid to avoid adding to its €9.5B running total of EU competition fines  —  Google has proposed changes to how it displays news results across its search engine in a bid to avoid adding to its €9.5 billion …
 
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Jess Weatherbed / The Verge:
Google updates AI Mode and AI Overviews to add “a preview of perspectives” from firsthand sources like social media and Reddit, presented as “Expert Advice”
 Earlier Picks: 
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
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
 

 
From Techmeme:

Axios:
Sources say Anthropic struggles to speak the Trump administration's language; a White House official says Anthropic “screwed us” as it didn't “honor” a cyber EO

Arjun Kharpal / CNBC:
SpaceX's stock closed up 19.6% on June 15, its first full day of trading; Musk said it “might be able to reach” ~$1T in revenue in 2030, up from $18.7B in 2025

Jason Schreier / Bloomberg:
Sources: several Xbox studios, including Hellblade maker Ninja Theory, are in talks with Microsoft to buy themselves back and go independent to avoid closure
 
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