Culture

Disney to Sell Its 50% A+E Global Media Stake to Hearst for More Than $1 Billion

Disney is selling its 50% stake in A+E Global Media to Hearst for more than $1 billion, handing the owner of A&E, History and Lifetime to full Hearst control. The all-cash deal is expected to be announced alongside Disney's earnings on August 5.

Culture

CAA and TPG Form $250 Million Creator-Economy Firm Compound Creative

CAA and TPG's Integrated Media Company have committed $250 million to Compound Creative Holdings, a venture announced June 10 that will acquire and operate businesses built by creators.

Culture

WSJ Profiles How Charlamagne Tha God Mastered the Modern Media Era

A new WSJ feature charts how Charlamagne Tha God built a media empire beyond The Breakfast Club — the Black Effect Podcast Network, Black Privilege Publishing, Southland Stories, and a reported $200 million iHeart deal.

Culture

Byron Allen Closes $120 Million BuzzFeed Acquisition, Becomes Chairman and CEO

Byron Allen closed his $120 million BuzzFeed acquisition on May 27, 2026, taking about 51% control and the chairman and CEO roles. Founder Jonah Peretti moves to lead a new unit, BuzzFeed AI.

Culture

Byron Allen Says He Will Pursue STARZ Takeover Despite Board Poison Pill

Byron Allen, who bought a 10.7% stake in STARZ for roughly $25 million, told "The Breakfast Club" he plans to take over the company despite a board-installed poison pill capping outside ownership at 17.5%. He says he is prepared to take STARZ private if blocked.

Culture

Netflix Adds 'The Breakfast Club' Live Stream as First Daily Live Show Starting June 1

Netflix will livestream "The Breakfast Club" with Charlamagne Tha God, DJ Envy, and Jess Hilarious worldwide starting June 1 at 6 a.m. ET — its first daily live show, a three-hour ad-free simulcast of the iHeartMedia radio program with bonus content during commercial breaks.

Culture

The Ankler: "Scale Is Losing Leverage" in the 2026 creator economy

The Ankler surveyed a dozen creator-economy power brokers — agency execs, platform leads, talent managers — and the consensus is that 2026 is the year follower count stops mattering. What replaces it is messier and more valuable.

Streaming

Netflix Bids for Warner Bros. Discovery as Media Landscape Reshuffles

Netflix has submitted a cash offer for Warner Bros. Discovery — an unprecedented bid that would reshape Hollywood and consolidate the streaming wars into a handful of dominant players.

Sports

NFL Commissioner Pledges Editorial Independence as League Takes 10% Stake in ESPN

NFL Commissioner Roger Goodell told ESPN employees via recorded message that the league won't interfere with journalism—despite acquiring a 10% stake and receiving NFL Network and RedZone in return.

Culture

Tuesday Notes

Your November 28, 2023 digest: the day's biggest stories in fashion, business, sports, and culture curated through a Black lens.

Culture

Tuesday Notes: HBCUs, Fear of God, Young Workers x Remote work, Harry Belafonte, Selloane Moeti, and more

Harry Belafonte's passing marks the end of an era in music and civil rights activism. Tuesday's notes also cover HBCUs' gender gap, Fear of God, and the remote work debate.