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3:00 AM ET, May 7, 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: Associated Press, Variety, The Hollywood Reporter, Adweek, New York Times, NPR, /Film, Reuters, @whitehouse, Barrett Media, USA Today, @benmullin, KEYT-TV, TV Tech, TheDesk.net, Sportico, The Wrap, @kaitlancollins, @dankennedy.net, @brianstelter, @benmullin, Originally Reported …, Atlanta Business Journal, @brianstelter, Cord Cutters News, Sydney Morning Herald, Deadline, Terence Burke on LinkedIn, Oman Observer, @jeremymbarr, Bisnow, Just Jared, @jameskgunn.bsky.social, HELLO!, @scottnover, @bunkieperkins, Breitbart, E! Online, @monscience.bsky.social, Deseret News, Financial Times, CNN, Hollywood Life, @officialmlk3.bsky.social, @newshour@threads.com, Edward Adler on LinkedIn, @dantethek9.bsky.social, One America News Network, CNN, UPI, Fortune, New York Times, 9News, Out Magazine, Jeff Jarvis on LinkedIn, @lcv.org, Rolling Stone, @supermariodang.bsky.social, Time, TODAY.com, Axios, The Daily Beast, @bryancurtis.bsky.social, @ChrisBoese@newsie.social, @brigitteatyale.bsky.social, International Business Times, TVLine, Town & Country, WPXI-TV, WTRF, Washington Monthly, Radio & Television …, WXIA-TV, @hofrench.bsky.social, @pamspaulding.bsky.social, The Indian Express, Inc.com, Us Weekly, The Guardian, Reality Tea, @andykhouri.bsky.social, 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, The Hill, @owillis.bsky.social, TMZ.com, @WarnerCrocker@mastodon.social, Baller Alert, New York Post, FOX 4 News Dallas-Fort Worth, @sarahweinman.com, Straight Arrow News, Washington Examiner, Fox News, Washington Post, Advanced Television, Suggest, Bloomberg, Broadband TV News, RTÉ, Mediaite, The A.V. Club, Daily Montanan, IJR, The Athletic, Politico, Forbes, KTLA, The Gateway Pundit and r/Journalism
RELATED:
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 …
Mandy Dalugdug / Music Business Worldwide:
Filing: music industry organizations oppose a proposed 43% average increase to US Copyright registration fees, say the hike would lock out independent creators  —  A group of ten music industry organizations formally opposed a proposed 43% average increase to copyright registration fees …
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.
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.
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”
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 …
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 …
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
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  —  The company acquired Dwell, Domino, Business of Home, and PopSci, extending a multiyear roll-up even as competitors pull back from the open web
Jennifer Maas / Variety:
Survey: 59% of Gen Z users in the US, UK, and AU actively add and drop streaming services to view a single movie or series, 71% stopped buying physical music  —  But younger viewers are 13% more likely to go to the movies on opening weekend  —  Gen Z is unsubscribing …
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:
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 …
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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 More News: 
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
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
 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

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

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
 
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