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7:50 PM ET, May 8, 2026

Mediagazer

 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:
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  —  Fox founder lobbies Trump to preserve air rights for broadcasters as powerful streamers encroach on their turf
Todd Spangler / Variety:
Sony Pictures reports FY 2025 revenue flat YoY to $9.9B; Sony Music reports FY 2025 sales up 15% YoY to $13.46B, and operating income up 25% to a record $2.85B  —  Music segment revenue up 15% for fiscal year, PlayStation sales flat  —  Sony Pictures Entertainment revenue came in roughly flat …
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  —  Netflix will air the NFL's first-ever regular-season game from Australia during this year's opening week, sources briefed on the move tell The Athletic.
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.”
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.
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: Deadline and Morningstar
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  —  As ‘The Late Show’ nears its final bow, the host opens up about the cancellation that shocked the industry, the win of going out as a …
Tim Page / New York Times:
Manuela Hoelterhoff, who won a 1983 Pulitzer for arts criticism at the WSJ and later wrote a book about the backstage world of opera, died on Wednesday at 77  —  She won the top journalism honor for criticism while with The Wall Street Journal.  She later wrote a wry, perceptive book about the backstage world of opera.
 
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 More News: 
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
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
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
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
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
 Earlier Picks: 
Bloomberg:
Sources: Elliott Management selected Goldman Sachs and JPMorgan Chase to lead a combined London IPO of book retailers Barnes & Noble and Waterstones Booksellers
Daniel Thomas / Financial Times:
A look at the career of wildlife filmmaker and TV innovator David Attenborough, who first appeared on British TV screens in the 1950s and turns 100 on Friday
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: OpenAI's first device will be a moveable, screen-free smart speaker with a camera and sensors, meant to serve as a humanlike AI companion

Milana Vinn / Reuters:
Sources: Stripe and PE firm Advent International have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday's close, valuing it at $53B+

Mark Gurman / Bloomberg:
OpenAI says it is “not aware of any evidence” that Apple's lawsuit alleging trade-secret theft has merit, adding that it believes in fair competition
 
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