Media News Daily: Top Stories for 03/09/2026

Netflix Acquires Ben Affleck’s AI Filmmaking Startup InterPositive

Netflix announced it has acquired InterPositive, an artificial intelligence technology company quietly founded by actor and filmmaker Ben Affleck. The company develops AI-powered tools designed specifically for filmmakers, with a focus on protecting creative control while expanding storytelling possibilities. Affleck said the goal behind creating InterPositive was to ensure technology strengthens human creativity rather than replacing it, aligning with Netflix’s broader push to integrate innovation into content production. Read More – The Hill Rating

Cumulus Media Files for Chapter 11 Bankruptcy Amid Industry Pressures

Cumulus Media, one of the largest U.S. radio broadcasting companies, filed for Chapter 11 bankruptcy as part of a restructuring plan aimed at eliminating roughly $600 million in debt. The company said operations will continue as normal throughout the bankruptcy process, with no expected impact on employees, listeners, or advertising partners. CEO Mary Berner cited ongoing macroeconomic challenges and broader industry pressures affecting traditional radio as key reasons for the move. Read More – WFMJ Rating

Former U.S. Trade Chief Robert Lighthizer Resigns From Trump Media Board

Robert Lighthizer, who served as U.S. Trade Representative during Donald Trump’s first presidential term, has resigned from the board of Trump Media & Technology Group. According to a filing with the Securities and Exchange Commission, the resignation was not due to any disagreements with company leadership or its board. Trump Media, which operates the Truth Social platform, has struggled to expand its social media presence amid strong competition and inconsistent user growth. The company has recently shifted strategy, including a planned merger with fusion energy firm TAE Technologies as it explores new business opportunities beyond social media. Read More – CNBC Rating