Stagwell has expanded its partnership with The Trade Desk to include the DSP’s agentic AI in its media planning and buying, MM&M reports. This will be rolled out in a global, multi-stage effort across the Stagwell agency network.

Comcast beat Wall Street’s revenue expectations in Q1, adding 5 million paid subscribers, The Wall Street Journal reports. “Legendary February showcased the strength of our Media portfolio, leveraging the unmatched reach of the Milan Cortina Winter Olympics and the Super Bowl to drive record advertising and strong Peacock growth,” says Brian L. Roberts and Mike Cavanagh, co-CEOs of Comcast.

Andreessen Horowitz has invested in MTS (“Monitoring the Situation), a live-stream-driven platform designed to interpret and place context on rapidly developing news across the internet and the broader media ecosystem, Pulse2 reports. MTS provides steady analysis, blending elements of journalism, commentary, and real-time signal aggregation.

McClatchy Publishing is using artificial intelligence to write entire articles, add real reporters’ names to the stories even if they did not work on them, Straight Arrow News reports, sourcing The Wrap. McClatchy -- which publishes the Miami Herald, The Kansas City Star, The Charlotte Observer and other regional newspapers -- is facing scrutiny over this alleged practice, and observers fear it could erode trust in the news.

Deutsche Telekom is in talks to merge with T-Mobile US in what would be a telecommunications giant, Reuters reports. Deutsche Telekom already owns a 53% stake in T-Mobile. The potential deal could create a company with a market capitalization of nearly $300 billion and serve more than 200 million mobile subscribers.

Chicago Public Media is partnering with the Illinois Public Broadcasters (IPB), a network of public media stations, to strengthen coverage of the Illinois State Capitol in Springfield, the Chicago Sun-Times reports. The two entities will combine their financial resources to jointly pay for two full-time statehouse reporters. 

Revenue, research and insights teams at Trusted Media Brands (TMB) are using AI tools to provide advertisers with a coherent narrative, AdExchanger reports. This isn’t easy, given that inventory spans print, web, social, streaming and newsletters. “The magazine subscriber doesn’t look anything like the TikTok viewer, at least on paper,” says Michael Boccacino, vice president of marketing at TMB. “But advertisers still expect you to tell one clear story about who you reach and why it matters.”

Pittsburgh media have survived a new-death experience this spring, Associated Press reports. The Pittsburgh Post-Gazette was acquired by a nonprofit that is committed to keeping it open. And the the alternative Pittsburgh City Paper, which was to close after 34 years, is making a comeback under new ownership.

Warren Buffett has reduced Berkshire Hathaway’s stake in Amazon by more than 77% — to 2.3 million shares — while investing $351.7 million in The New York Times, for roughly 5.1 million shares, The Street reports. Buffett is continuing to move away from some big tech holdings into a more selective mix of media and traditional businesses.

Former Congressman Devin Nunes has stepped down as chief executive officer of Trump Media & Technology, the business behind Truth Social, after a stock collapse that has wiped out billions of dollars in investor wealth, The Washington Post reports. Digital media executive Kevin McGurn has named as a temporary replacement.