Eriq Gardner joins Peter for a deep dive on F.C.C. chairman Brendan Carr, the pugnacious regulator who seems to be slow rolling the $8 billion Skydance-Paramount merger while lobbing rhetorical grenades at Comcast, Disney, YouTube TV, and others. Then they discuss whether Carr’s campaign against big media is really an audition to become a MAGA media star in his own right.

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Julia Ioffe swings by the pod to discuss the state of peace negotiations between Ukraine and Russia—if there are any negotiations to be made at all. As Putin plays coy and Zelensky holds the line, Julia explains why Trump’s mounting frustration could, ironically, be Kyiv’s best hope.

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John Ourand joins Peter to discuss the surging popularity of the NFL Draft, and which of the streaming giants might bid on the rights to broadcast the yearly football spectacle—and why, to no surprise, YouTube and Google are in the driver’s seat. Then, John breaks down the NBA Playoffs ratings, and why a Thunder-Cavs Finals matchup would be “death to ABC.”

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Leigh Ann Caldwell joins Peter Hamby to dig into the messy Senate G.O.P. primary showdown brewing in Texas between John Cornyn and Ken Paxton—a race which riled up the White House after Paxton hired political strategist Jeff Roe, a Trump bête noire, to run his campaign. Then they chronicle the hard times facing Democratic lobbyists in Trump’s D.C.

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Jon Kelly rejoins Peter to dig into Netflix’s precedent-setting Q1 earnings—its first without subscriber numbers, and the clearest sign yet that Netflix has outgrown the streaming wars, setting its sights not on Hollywood, but on bigger tech rivals like YouTube and Meta. Then, the duo preview White House Correspondents Dinner week in Washington, and what's different about the Beltway party circuit during Trump II.

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Bill Cohan and Peter dig into Donald Trump’s latest spat—this time with Fed Chair Jerome Powell. As Trump pushes for rate cuts amid shaky, self-inflicted economic headwinds, Powell is vowing independence. Now, Trump’s hinting at ousting him before his term ends. Then, the duo turns to Newsmax’s I.P.O. circus, as Bill breaks down how valuable the MAGA-adjacent media company actually is.

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Leigh Ann Caldwell joins Peter to discuss the prospect of Republicans doing the unthinkable: raising taxes on the rich, just as key provisions of Trump’s 2017 tax bill are set to expire. Indeed, a tax hike spearheaded by the G.O.P. would mark a dramatic departure from a century of party orthodoxy. But will it actually happen? Then, they break down the fading star power of Elon within MAGAland.

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Kim Masters joins Peter to discuss the anxieties in Hollywood regarding Trump’s influence over the Town’s executives and entertainment businesses, before turning to the latest chatter surrounding the fate of Warner Bros. Discovery’s film studio co-heads Mike De Luca and Pam Abdy. After the success of their new ‘Minecraft’ movie, are they one sleeper hit away from avoiding what seemed to be an inevitable defenestration?

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John Ourand joins Peter to discuss the many quirks surrounding Augusta National’s unique control over the Masters’ television rights, and the impact on broadcast viewers. Then they turn to the upcoming UFC rights negotiations, and whether the organization can find a suitor willing to double ESPN’s $500 million annual payment.

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Jon Kelly returns to chat with his great pal Peter about the impacts of tariffs on the media business—particularly the second order effects on the S.V.O.D. industry. They also discuss CNBC’s moment and what it actually articulates about… Bloomberg’s business.

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