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7:50 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, Adweek, Variety, New York Times, The Hollywood Reporter, NPR, Forbes, New York Post, /Film, @whitehouse, Reuters, Gamereactor UK, @benmullin, USA Today, Originally Reported …, afaqs!, Bisnow, @jameskgunn.bsky.social, Barrett Media, HELLO!, @jeremymbarr, @benmullin, Terence Burke on LinkedIn, TheDesk.net, Oman Observer, @scottnover, @bunkieperkins, @brianstelter, @brianstelter, @kaitlancollins, E! Online, @dankennedy.net, KTLA, Rolling Stone, KEYT-TV, Atlanta Business Journal, Deadline, TV Tech, Cord Cutters News, Breitbart, Sportico, Sydney Morning Herald, @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, Los Angeles Times, 9News, Out Magazine, Jeff Jarvis on LinkedIn, @lcv.org, Time, @supermariodang.bsky.social, TODAY.com, Axios, The Daily Beast, @bryancurtis.bsky.social, @ChrisBoese@newsie.social, @brigitteatyale.bsky.social, International Business Times, TVLine, Town & Country, WPXI-TV, WXIA-TV, WTRF, Washington Monthly, Radio & Television …, @hofrench.bsky.social, @pamspaulding.bsky.social, The Indian Express, Inc.com, Us Weekly, The Guardian, Reality Tea, @andykhouri.bsky.social, 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, Baller Alert, @arguingmeadows.com, @jasonthecartoonfan …, Al Jazeera, The Hill, WRIC-TV, Comic Book, @phineas.bsky.social, Bangor Daily News, Consequence, @espinsegall.bsky.social, @ncrabbithole.com, Advanced Television, @owillis.bsky.social, TMZ.com, @WarnerCrocker@mastodon.social, FOX 4 News Dallas-Fort Worth, @sarahweinman.com, Straight Arrow News, Washington Examiner, Suggest, Fox News, Washington Post, The Wrap, Bloomberg, Broadband TV News, RTÉ, Mediaite, The A.V. Club, Daily Montanan, IJR, The Athletic, Politico, The Gateway Pundit and r/Journalism
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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  —  When the Space Shuttle Challenger exploded in 1986, Beth Knobel, a future TV news correspondent, was in graduate school.
Tony Maglio / The Hollywood Reporter:
WBD reports Q1 revenue up 3% YoY to $8.9B, a net loss of $2.9B, largely due to Netflix's 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 …
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.
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  —  Axios output in Q1 was down 22% compared to a year earlier but page views were up 30%.  —  US newsbrand Axios has cut its output …
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.
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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 …
Lizbeth Diaz / Reuters:
UK-based journalist advocacy group Article 19 says eight journalists disappeared or were murdered in Mexico in 2025; four journalists were murdered in 2024  —  Eight journalists disappeared or were murdered in Mexico in 2025, the UK-based journalist advocacy group Article 19 said in a report published …
Discussion: Middle East Monitor
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 …
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”
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 …
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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
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  —  Amazon MX Player is being absorbed into Prime Video, combining India's free and paid streaming catalogs under a single platform.
Max Tani / Semafor:
Sources: 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 …
 
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 More News: 
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
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
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%+
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
Discussion: Telecompaper and TVBEurope
 Earlier Picks: 
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
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
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