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The Brief – Friday 27 February – Paramount Skydance earnings, publishers unite against AI, local radio to broadcast news

The Brief – Friday 27 February – Paramount Skydance earnings, publishers unite against AI, local radio to broadcast news

Welcome to the Brief, The Media Leader’s round-up of media news.

📈 Paramount Skydance posted a wider net loss of $573m and grew revenue by 2% to $8.15bn in Q4. Decline predominantly came from linear TV but steaming drove growth, with Paramount+ posting 17% growth and hitting 79m total subscribers. (The Wrap)

📊 The Trade Desk reported 19% year-on-year revenue growth in Q4 2025. The trading platform generated $400m in adjusted EBITDA. (TTD)

📰 The Financial TimesThe Guardian, The Telegraph, BBC and Sky News have founded the Standards for Publisher Usage Rights coalition (SPUR). They aim to develop shared industry standards on way journalism can be used sustainably for AI tools and to protect publishers IP. (Press Gazette)

📻 Under new Ofcom rules, which implement the Media Act 2024, all local analogue commercial radio stations will have to carry a mandatory amount of local news on weekdays. Even stations which are currently exempt from providing suitable bulletins will need to commence bulletins from 2028. (RadioToday)

🤖 Google has announced that Gemini will soon be able to take care of some multi step tasks on your phone, such as ordering food or calling a car. The features will first be implemented with Pixel 10 and Pixel 10 Pro and the just announced Samsung Galaxy S26 phones. (The Verge)

🏆 Snapchat has announced that its hosting it’s first ever awards show on March 21 called “The Snappys.” The awards are designed to celebrate “the creators shaping culture on Snapchat.” (Techcrunch)

🎉 NABS’ annual party, “The Big Bash,” is set to return this autumn. This year will be hosted in Manchester at the Midland Hotel on 2 October and will be themed “cabaret.” (NABS)

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