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8:20 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, New York Times, NPR, The Hollywood Reporter, TheDesk.net, /Film, Mediaweek, Reuters, The Wrap, TV Tech, Sportico, Associated Press, Sydney Morning Herald, @whitehouse, Terence Burke on LinkedIn, Rolling Stone, Oman Observer, E! Online, HELLO!, CNN, @dankennedy.net, KTLA, Atlanta Business Journal, Deadline, Adweek, Breitbart, KEYT-TV, Financial Times, @officialmlk3.bsky.social, @benmullin, 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, Fortune, 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, New York Times, 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, UPI, Washington Post, Inc.com, CNN, 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, Just Jared, WXIA-TV, @pamspaulding.bsky.social, @bryancurtis.bsky.social, Washington Examiner, Axios, The Post Millennial, Consequence, @lcv.org, @samanthak.bsky.social, Suggest, The Hill, Time, The A.V. Club, 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
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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 …
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 …
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 …
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
Kelcee Griffis / Bloomberg:
Brendan Carr says an FCC inquiry into media sports rights might not lead to new rules; Fox and Sinclair have filed comments supporting sports on broadcast TV  —  Federal Communications Commission Chairman Brendan Carr said that an inquiry the commission launched into the rising cost …
Charlotte Klein / New York Magazine:
Some NYT staffers say a white male editor's claim that he faced discrimination is absurd and hands the Trump administration a weapon to persecute journalists  —  A white male New York Times employee filed a complaint with the Equal Employment Opportunity Commission alleging the paper …
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 …
 
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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
 

 
From Techmeme:

Amrith Ramkumar / Wall Street Journal:
President Trump signs two executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present

Chloe Taylor / CNBC:
South Korea's tech-heavy Kospi index falls 10%, dragged down by SK Hynix and Samsung; STMicro and ASML fall ~7%, and US tech stocks fall in pre-market trading

Bloomberg:
Sources: Tencent is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous, as it reassesses its global portfolio
 
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