Oshkosh Media, a government-run programming producer based in Oshkosh, Wisconsin, is shutting down on  May 15 -- ending more than 20 years of local programming, WBAY reports. Government meeting broadcasts will shift to the city’s website and YouTube channel. Drew Bailey, Oshkosh communications and engagement manager, says the change is due to “a restructuring process, not because of budget cuts.” Independent producers say they were not consulted about this plan, and are hoping for a reversal. 

YouTube became the world’s largest media company in 2025, The Hollywood Reporter writes. The Google-owned media company generated $62 billion in revenue last year, placing it ahead of The Walt Disney Co.’s media business -- which posted $69.9 billion, according to an analysis by the equity research publisher MoffettNathanson.

Former U.S. trade representative Robert Lighthizer resigned from Trump Media & Technology's board of directors, effective Friday, CNBC reports. Lighthizer played a critical role in the imposition of the North American Free Trade Agreement (NAFTA) with Mexico and Canada. 

Kari Lake acted unlawfully in running the Voice of America, U.S. District Judge Royce C. Lamberth has ruled, NPR reports. Lamberth ordered that all of Lake’s actions for the past year are null and void, including the layoffs of more than 1,000 journalists and staffers at the U.S. Agency for Global Media and the Voice of America. 

Media workers are being fed to Google’s gluttonous AI Overviews, Futurism reports. The SEO firm Growtika looked at data from Ahrefs tracking web traffic to 10 major tech outlets from early 2024 to early 2026. In that time, media companies saw their site visits fall from 112 million per month to a little less than 50 million. 

Axel Springer, the German media group, is acquiring Britain’s Telegraph Media Group, owner of the Daily Telegraph newspaper, for $766 million, Associated Press reports. Axel Springer will invest in the group “to enable it to become the leading center-right media outlet in the English-speaking world,” the company said in its Friday announcement.

Audio company Cumulus Media Inc. filed for Chapter 11 bankruptcy on Thursday as part of a restructuring, WFMJ reports. The restructuring is aimed at eliminating about $600 million of debt. "While we have outperformed the market on many of our most important metrics, including share gains in both local and digital revenue, the broader macroeconomic and industry-wide pressures we have faced remained unrelenting," said Mary Berner, president and CEO of Cumulus Media.

Entravision Communications has announced leadership changes to its U.S. Media team, Inside Radio reports. Returning to Entravision after 20 years at Univision, Maria Martinez-Guzman has been named President of Entravision Media. In addition, Eduardo Maytorena has been promoted to president of Entravision Audio.

Netflix has acquired InterPositive, a filmmaking technology company founded by actor Ben Affleck that produces artificial intelligence-powered movie production tools. "We believe new tools should expand creative freedom, not constrain it or replace the work of writers, directors, actors, and crews," said Bela Bajaria, chief content officer at Netflix.

Friday will see the start of hearings in the New York Times lawsuit against the Pentagon, alleging that Defense Secretary Pete Hegseth’s move to block journalists from the building was unconstitutional, Columbia Journalism Review reports. The hearings take place as controversy follows the U.S. attack on Iran.