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10:40 PM ET, May 6, 2026

Mediagazer

 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, /Film, TheDesk.net, Reuters, USA Today, Bisnow, Originally Reported …, @whitehouse, HELLO!, @jameskgunn.bsky.social, The Wrap, E! Online, Atlanta Business Journal, Deadline, Rolling Stone, @officialmlk3.bsky.social, @benmullin, TVLine, CNN, KEYT-TV, Jeff Jarvis on LinkedIn, TV Tech, The Indian Express, Deseret News, Sportico, Hollywood Life, @kaitlancollins, International Business Times, The Guardian, @dankennedy.net, TODAY.com, @newshour@threads.com, @ChrisBoese@newsie.social, @brianstelter, @brigitteatyale.bsky.social, Fortune, 9News, @andykhouri.bsky.social, @benmullin, Financial Times, @brianstelter, Cord Cutters News, Sydney Morning Herald, One America News Network, Washington Monthly, @monscience.bsky.social, Terence Burke on LinkedIn, Oman Observer, WTRF, New York Times, The Daily Beast, @dantethek9.bsky.social, @jeremymbarr, Us Weekly, Town & Country, @hofrench.bsky.social, UPI, Inc.com, CNN, Edward Adler on LinkedIn, @scottnover, Out Magazine, Reality Tea, Radio & Television …, Breitbart, WPXI-TV, @bunkieperkins, @supermariodang.bsky.social, @pamspaulding.bsky.social, @bryancurtis.bsky.social, Axios, @lcv.org, Just Jared, The National Pulse, ABC, The Post Millennial, TV Insider, ScreenRant, CBS News, Sports Business Journal, Townhall, Daily Caller News Foundation, @justinbaragona.bsky.social, The Hollywood Gossip, Wall Street Journal, NBC Bay Area, Newser, @samanthak.bsky.social, Daily Kos, @arguingmeadows.com, @jasonthecartoonfan …, Al Jazeera, Los Angeles Times, WRIC-TV, Comic Book, @phineas.bsky.social, Bangor Daily News, Consequence, @espinsegall.bsky.social, @ncrabbithole.com, @owillis.bsky.social, TMZ.com, @WarnerCrocker@mastodon.social, New York Post, The Hill, FOX 4 News Dallas-Fort Worth, @sarahweinman.com, WXIA-TV, Straight Arrow News, Washington Examiner, Fox News, Washington Post, Bloomberg, Time, Suggest, Baller Alert, Advanced Television, RTÉ, Broadband TV News, Mediaite, Barrett Media, The A.V. Club, Adweek, IJR, Daily Montanan, The Athletic, Politico, Forbes, KTLA, The Gateway Pundit and r/Journalism
RELATED:
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.
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 …
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 …
RELATED:
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”  —  The new AI Mode and AI Overviews updates bring in perspectives from firsthand sources like social media and web forums.
Todd Spangler / Variety:
Disney reports Q2 revenue up 7% YoY to $25.2B, above $24.85B est., and net income down 31% to $2.25B, largely due to a higher tax bill; DIS jumps 7%+  —  The Mouse House pulled in revenue of $25.17 billion, up 7%, for the three months ended March 28 (Disney's Q2 of fiscal 2026).
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
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
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.
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
Murray Stassen / Music Business Worldwide:
ElevenLabs, creator of Eleven Music, says it crossed $500M in ARR and announces new investors including BlackRock and Jamie Foxx as part of a $550M+ Series D  —  ElevenLabs says it has crossed $500 million in annual recurring revenue, up from $350 million at the end of 2025.
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 …
Max Tani / Semafor:
Sources say Julie K. Brown's Epstein work didn't win a Pulitzer in 2018 due to at least one juror'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
 
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 More News: 
Mark Stenberg / Adweek:
Ziff Davis acquired PopSci, Dwell, Business of Home, and Domino from Recurrent Ventures; one M&A executive estimated the price of the deal at less than $20M
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
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
Jonathan Vanian / CNBC:
Snap reports Q1 revenue up 12% YoY to $1.53B, in line with est., and says it ended its $400M Perplexity deal announced in November; SNAP drops 4%+ after hours
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
 Earlier Picks: 
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
 

 
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

Jay Peters / The Verge:
Valve's Steam Machine, its new living room Linux PC, will start at $1,049 for the 512GB base model without a controller, and will go on sale starting June 29

Carl Franzen / VentureBeat:
Sakana AI launches Fugu, a multi-agent orchestration system accessible through a single model API, claiming Fugu Ultra matches Fable and Mythos on benchmarks
 
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