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5:10 PM ET, May 9, 2026

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 Top News: 
New York Times:
Filing: ABC accuses the FCC of violating the First Amendment, after the FCC made extensive document requests and probed whether The View broke equal time rules  —  The network's argument, made to the F.C.C., is the most aggressive posture taken yet by a television network toward the Trump administration.
RELATED:
Kelcee Griffis / Bloomberg:
ABC's claim that the FCC is trying to chill speech marks a new approach from ABC and Disney, which had been largely compliant with Trump administration demands  —  Walt Disney Co.'s ABC network fired back at the Federal Communications Commission on Friday, accusing the regulatory agency of seeking to …
RELATED:
Tatiana Siegel / Page Six:
Sources: 60 Minutes correspondent Sharyn Alfonsi is out at the end of the month when her contract expires; Weiss threatened to sue Alfonsi over 60 Minutes leaks  —  Last week, Sharyn Alfonsi told the crowd while picking up a Ridenhour Prize in Washington, DC: “My hope recently has been that I still have a job.”
Jada Yuan / The Hollywood Reporter:
A profile of W magazine EIC Sara Moonves; it hit profitability in December 2025, has 450K subscribers, and plans to launch biannual teen print magazine WYouth  —  Sara Moonves' trick for resurrecting a near-dead glossy — A-list allies, analog ambition, extravagant style, and a sexy cameo from Brad Pitt.
Winston Cho / The Hollywood Reporter:
Village Roadshow agrees to pay WBD $57M to resolve a 2023 arbitrator's judgment that Village Roadshow breached its agreements on Matrix Resurrections financing  —  The studio was owed more than $125 million after an arbitrator found that the financier breached the co-ownership and distribution agreements.
Discussion: Deadline, The Wrap and r/boxoffice
Todd Spangler / Variety:
Trump Media and Technology Group reports Q1 net sales up 6% YoY to $871,200 and a $405.9M net loss; DJT is down 35% so far in 2026 for a market cap of ~$2.47B  —  Trump Media and Technology Group, operator of social-media platform Truth Social, reported a massive net loss for the first three months …
Bloomberg:
At Tegna, contract negotiations, hiring, and business plans are on hold amid a court-ordered “hold separate” period in the suit blocking Nexstar's acquisition  —  Few executives bother coming into Tegna Inc.'s corporate offices in New York and Tysons, Virginia, very often anymore.
Discussion: Morningstar and Deadline
Olivia Solon / Bloomberg:
OnlyFans agrees to sell a ~16% stake to Architect Capital for $535M in a deal that values the company at about $3.15B  —  OnlyFans, the platform best known for adult content, agreed to sell a minority stake to Architect Capital in a deal that values the British company at about $3.15 billion.
 
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 More News: 
Michael Luciano / Mediaite:
Real America's Voice reporter Brian Glenn says he is quitting his job and is planning a wedding this year with former US Rep. Marjorie Taylor Greene
Lacey Rose / The Hollywood Reporter:
Stephen Colbert talks about his plans after his show ends May 21, the gloomy future of late-night TV comedy, focusing on laughter as a first principle, and more
The Athletic:
Sources: Netflix will air the NFL's first-ever regular-season game in Australia, featuring the San Francisco 49ers and Los Angeles Rams on September 10
Lily Ford / The Hollywood Reporter:
Substack says paid subscriptions to creators in the UK, its second-largest market, hit 500K+; global paid subs hit 5M+, with 50+ creators earning $1M+ annually
 Earlier Picks: 
Hamish McKenzie / On Substack:
Q&A with Emily Sundberg about her business, tech, and culture newsletter Feed Me, building a media business on Substack from scratch, paywalls, and more
Wall Street Journal:
Source: Rupert Murdoch warned Trump at a dinner in February that if streamers gained rights to more games, including NFL games, it would kill broadcast networks
Pew Research Center:
Surveys: half of US adults under 50 get health info from influencers or podcasts; 86% of health influencers are on Instagram, 62% on TikTok, and 45% on YouTube
Vaishnavi Mishra / NDTV Profit:
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
 

 
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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