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10:55 PM ET, May 7, 2026

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 Top News: 
Oliver Darcy / Status:
Letter: Freedom of the Press Foundation and RSF seek Paramount's records over reports the Ellisons allegedly agreed to compromise CNN to secure the WBD deal  —  Two press freedom groups that hold Paramount shares are demanding internal records over concerns the Ellisons have agreed to compromise …
Vaishnavi Mishra / ndtvprofit.com:
Axios Middle East correspondent Barak Ravid rejected allegations that his outlet coordinated with oil market insiders ahead of his story on a US-Iran peace deal  —  Reports cited Iranian political analyst Mohammad Marandi as claiming that Trump, his envoy Steve Witkoff, and son-in-law Jared Kushner …
Bloomberg:
Sources: Elliott Management selected Goldman Sachs and JPMorgan Chase to lead a combined London IPO of book retailers Barnes & Noble and Waterstones Booksellers  —  Elliott Management Corp. has selected banks to lead a combined initial public offering of book retailers Barnes & Noble Inc …
Katie Campione / Deadline:
A crew of 22 workers on the YouTube series CoComelon: The Melon Patch launched a strike over working conditions and management's refusal to bargain with IATSE  —  “Rather than provide fair wages and benefits to the crew the producer is trying to hire scabs for the production that's shooting in Sun Valley …
Lucia Moses / Business Insider:
Microdrama actors say their images were used to create misleading, sexual promos, pushing them to include contract clauses requiring consent for AI manipulation  —  - Actors say micro drama apps manipulated their images to create misleading, sexual promos.  — The AI-generated ads showed …
Gene Maddaus / Variety:
Most of California's Democratic congressional delegation sent a letter to state AG Rob Bonta urging him to “closely scrutinize” the Paramount-WBD deal  —  Most of California's Democratic congressional delegation sent a letter to Attorney General Rob Bonta on Thursday urging him to …
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 …
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Associated Press:
A look back at Ted Turner's invention of global 24-hour cable TV news and how it dramatically changed politics, journalism, and civic engagement
 
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 More News: 
Terrence O'Brien / The Verge:
Spotify launches Save to Spotify, a command-line tool that allows AI agents to upload generated audio summaries and personal podcasts to a user's account
Charlotte Tobitt / Press Gazette:
Axios' total Q1 content output was down 22% YoY, but page views rose 30% and page views per visitor rose 22%, as the outlet shifts away from chasing traffic
Discussion: Acast
 Earlier Picks: 
Naman Ramachandran / Variety:
Amazon plans to merge MX Player into Prime Video in India, combining free and paid streaming catalogs on a single platform over the next few months
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
Discussion: Hypebot and Music Ally
Jennifer Maas / Variety:
Survey: 59% of Gen Z streaming app users in the US, the UK, and Australia add and drop a service to view a movie or series; 71% stopped buying physical music
Mark Stenberg / Adweek:
Ziff Davis acquires PopSci, Dwell, Business of Home, and Domino from Recurrent Ventures; one M&A executive estimated the price of the deal at less than $20M
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Meta unveils Meta Adventurer and Fury glasses, each priced at $299, its first under its own brand, and a $399 Starfire model in collaboration with Kylie Jenner

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

Bloomberg:
Sources: Tencent is negotiating exits from minority investments in game studios in Japan, such as Tokyo-traded Marvelous, as it reassesses its global portfolio
 
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