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3:50 AM ET, May 11, 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 …
Drew Harwell / Washington Post:
How The Daily Wire's relevance to the right may have irrevocably collapsed, as it faces intense competition, falling traffic, layoffs, and ideological battles  —  The Daily Wire was once ascendant in right-wing media.  Now, the “anti-woke” company faces contentious layoffs, ideological battles and dwindling relevance online.
Frank DiGiacomo / The Hollywood Reporter:
Former staffers at Gawker, which shut down 10 years ago this August, describe the site's legacy of irreverent, humorous reporting and writing  —  Their weaponized wit made enemies, minted stars and helped define the internet as we know it.  A decade after Peter Thiel engineered …
Lucas Shaw / Bloomberg:
A look at the turmoil inside Kevin Hart's media company Hartbeat, once worth $650M, as some staff see his Authentic Brands deal as the beginning of the end  —  A new deal with Authentic Brands is seen by some employees as the beginning of the end  —  When Kevin Hart announced in January …
Wall Street Journal:
A look at Barnes & Noble's turnaround under James Daunt, who has made aggressive cuts ahead of a potential IPO; B&N is on track to open 60 new stores in 2026  —  CEO James Daunt is unsentimental about books as he wrings out expenses ahead of a potential IPO  —  James Daunt is relentless when it comes to cost-cutting.
CNBC:
A look at “YouTube whisperers” like Paddy Galloway and Mario Joos, a booming class of advisers that help popular YouTube creators grow their audiences  —  When wildlife TV personality Forrest Galante sat down for his monthly call with YouTube consultant Paddy Galloway, he received some bad news.
Gary Baum / The Hollywood Reporter:
Keith Kelly, the former NY Post media reporter, is now editing a group of Straus Media-owned hyperlocal weeklies covering NY neighborhoods  —  The former New York Post columnist is reviving neighborhood journalism with a stable of neighborhood papers like The West Side Spirit and Chelsea News.
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.
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.”
 
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 More News: 
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
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
 Earlier Picks: 
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
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
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
 

 
From Techmeme:

Anthropic:
Anthropic says Fable 5 uses conservative safety classifiers that trigger a fallback to Claude Opus 4.8 in ~5% of sessions, in areas like cybersecurity

Inti Landauro / Reuters:
The EU says Apple decided not to roll out Siri AI in the EU after it had unsuccessfully requested to be exempted from interoperability obligations for the tool

Reuters:
Analysis: Trump and his sons profited $2.3B+ from four crypto ventures including $TRUMP since January 2025, while other investors in those projects lost ~$2.3B
 
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