Morning Brew Daily - FAA Wants AI to Fix Flight Chaos & TV Networks Battle Trump’s Media Ban

Episode Date: September 22, 2026

#938: The FAA will start using AI-powered tools for air traffic control. Paramount settles with a group of states that opens the door for the Warner Bros. merger. Networks suspend pool coverage after the White House bans a group of networks. Private equity firms have been slowly taking over your favorite restaurants and young diners have had enough. Finally, AI stocks are rallying fueled by Meta’s Muse AI assistant hopes.  Learn more at http://advertising.roku.com/mbd  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ Learn more at https://quickbooks.intuit.com/team-management/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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Discover Coffee Plus on Nispresso.com. Good morning for Daily Show. I'm Neil Fryman. And I'm Toby Howell. Today, after another day of chaos in the skies, the US aviation system turns to AI for help. Then the Paramount deal for Warner Brothers Discovery might actually get across the finish line.

It's Tuesday, September 22nd. Let's ride. It's the first day of fall. The bears are bulking up ahead of their hibernation. And you know what that means? Fat Bear Week is back. and it's bigger and chunkier than ever. Starting today and running through next Tuesday,

fans will vote on the fattest brown bear in Katmine National Park and Preserve in Alaska. Now in its 13th year, Fat Bear Week has gone global. Last year, over 1.7 million votes were cast for more than 100 countries, crowning a bear named 32 chunk as the people's champion. Toby, who you like in this year? Before I reveal my pick,

I always get a little nervous we are hurting the bear's feelings because we're calling them fat bears, but apparently the bigger the bear, the healthier the bear, according to Kat My Park Ranger Sarah Bruce. There is no such thing as too fat of a bear. The fat or a bear, the healthier that bear is. We're getting to the point two where the contenders for Fat Bear Week are the offspring of other fat bear winners. This year, Bear 903, Golly is the son of Grazer, the winner from 2023. And then Bear number 89 backpack is the offspring of Holly, the 2019 champ.

It's like seeing Brony James or Vlad Guerrero Jr. playing professional ball. It just makes you feel old to see these bear cubs get chunky enough to actually contend it during Fat Bear Week. My money is still on a chunk though. You got to go through the champ if you want to win at least until Chunk Jr. comes along. And now a word from our sponsor, Roku Ads Manager. Neil, what do kids and business owners have in common?

Hmm. They ask why a lot? True, but I was thinking about how they both often dream of being on TV. And lucky for business owners, Roku Ads Manager, makes it. it's super easy to get brands on streaming TV. Yeah, Roku Ads Manager gives advertisers premium video inventory across the top 100 channels on the Roku platform all in one buy. That includes Hulu, Disney Plus, HBO Max, and more.

And it reaches over 100 million streaming households. And as an incentivizing cherry on top, you'll get a $5,000 match on your first spend with Roku ads manager when you spend $5,000. Go to advertising.orgu.com slash MBD and use code brew 5K to access the offer. That's advertising.roku.com slash MBD. Yesterday brought flight chaos around the Northeast when a technical malfunction caused groundstops at New York's three major airports, Philadelphia, and beyond, leading to heavy delays and cancellations. Officials blamed it, I kid you not, on a railroad construction crew in

New Jersey that accidentally damaged a Verizon cable, causing an outage in the radar and radio system that manages planes during takeoff and landing. As a result, they needed to repair the cable in a process that would take 13 hours turning Monday into a nightmare for thousands of travelers. It was somewhat poetic that the aviation turmoil happened the exact same day the government launched a new AI tool meant to mitigate flight disruptions. It's just a pilot program for now, no pun intended, covering three airports in the Washington region. But if successful, they're hoping to expand it nationwide by 2028, called Smart for Strategic. management of airspace routing and trajectories. The $875 million initiative hopes to become

the moneyball of aviation using predictive analytics to avoid delays and other flight interruptions by seeing problems before they happen. Under Secretary Sean Duffy, the Transportation Department has poured billions of dollars into modernizing the outdated tech underpinning the country's aviation system. Most in the industry have applauded the transformation given just how ancient the existing infrastructure is. But others are skeptical. This AI tool will have much of an impact or worse, it'll compromise the safety of the flying public. Toby, can we chat GPT our way out of flight delays? I don't know. It was brutal yesterday, though, because I was flying back to JFK, and I opened up Twitter and I see that an Amtrak construction project somehow was going to make

my flight delayed. I go, how the heck is that possible? But it really was just a series of unfortunate events because the primary circuit failed, then the backup line was cut, and you just shows how it can ripple through an entire system like that. But from a news perspective, we're like, wow, this does segue very nicely into this AI air traffic controller system. The big question here for a lot of air traffic controllers is how is this going to fit into my existing workflows? Like, I've been at this job for a while now. What is this AI going to do? And basically, it's just a recommendation layer, not an autonomous air traffic controller. That's what a lot of people kind of jump to. It's not going to be taking over from a person doing the job.

You're just going to see another byline saying like, hey, this is one potential outcome that could happen. What do you want to do about it? So at least initially it's a very small test, but it's raised some fears about it, replacing humans, but it's not going to be replacing any humans anytime soon. Yeah, we already are seeing some backlash from lawmakers. Representative Don Byer, who represents Northern Virginia, said the FAA should not use my constituents and says, guinea pigs for an unproven AI air traffic control system that is Americans' lives

in its hands. I'm calling on the FDA to immediately suspend use of this AI system at Washington area airports until its safety has been established. Federal officials, including Sean Duffy, and the head of the AAA, Brian Bedford, said, look, this is going to be a predictive system, as you mentioned. A lot of it has to do with weather and alternative routing. So they didn't explain, perhaps an example of what this might look like. But I'm thinking that this AI will tell air traffic control that there's a weather pattern coming up in the Midwest in the next couple of days, like major thunderstorms coming down from St. Louis or whatever. So if you're flying from the east to the west coast, you might want to take a more southerly route or a more northerly route

to avoid those potential disruptions. One point of concern was how quickly this all came together. they awarded the contract just three months ago to a Boston area tech company. And then now it's launching on September 22nd. So just that three month time span worried aviation officials, airline industry CEOs. They had a lot of meetings trying to get up to speed with what exactly this would mean for them. It seems now they are cautiously on board with this new tool. Again, it's just a small program for now. But if it works, they'll go nationwide.

It's kind of essential that something does change within the air traffic control. because if you go back to, you know, the 1980s, Ronald Reagan fired more than 11,000 striking controllers. And pretty much since then, the agency has been existing in this state of understaffing and staffing shortages that's only been exacerbated by things like COVID and things like the government shutdowns. And so the FAA is kind of counting on technology to come in and relieve some of that burden from an understaffed air traffic control system. So they actually, in back in May of 2026, they reduced their estimate for how. many controllers they would need to hire going forward by roughly 2,000 people hoping to make up

that difference with technology. So, yes, you may hear some vocal outcries about AI being introduced into this very high-stakes system, but we do need to innovate in order to make up from the shortfalls that have gripped this agency for the last, you know, 40 to 50 years. And just look at what happened yesterday. There was an accident, like an NJ transit crew accidentally dug up a cable and then you all the way in Florida were freaking out about getting back to New York. And, I mean, it was absolutely chaos. Newark had no commercial flights landing there from 9.38 a.m. to 522. So that is a huge span of time where there are no flights landing at Newark.

There were flights coming from Europe that I just saw on flight radar. They just literally turned around because they were never going to make it to New York. And then you had people in Albany cheering. They said, we did it. Albany is now an international airport because you had a lot of flights diverting. to Albany that couldn't land in the New York area. So all these knock-on effects. All right, let's move on. It looks like Hollywood's most controversial merger is getting its happily ever after. Paramount cleared an important hurdle yesterday in its quest to acquire Warner

Brothers Discovery, reaching a settlement with California and 11 other states to resolve an antitrust lawsuit holding up the $110 billion deal from going through. The new media giant led by Oracle co-founder Larry Ellison's son, David Ellison, is set to control two major movie studios in Paramount Pictures and Warner Bros. Two major streamers in Paramount Plus and HBO Max and two major news organizations in CBS and CNN. It was exactly that concentration of power that led the states to bring the antitrust suit in the first place, fearing reduced competition, increased prices, and harm to entertainment

workers. In order to get the states to drop the suit, Ellison had to promise to release at least 30 theatrical movies a year for the next two years. If Paramount drops the ball on that number, it can face a $30 million penalty for, for each missing movie. Also, to address fears that the merger would mean fewer productions and jobs, Paramount committed to spending at least $1.5 billion on U.S. production over five years, and it must operate a fund dedicated to purchasing independent films,

so we get to see Nathan Filder do weird stuff still. Finally, an independent board of journalists will oversee the news orgs to ensure the editorial independence of CNN and CBS. Sounds like a lot, but Paramount doesn't have to cleave off a movie studio or a news org, which keeps the general shape of the merger intact, a big win for the company. Neil, this knocks off the biggest remaining legal obstacle for the merger, though the settlement still needs court approval, and likely helps them avoid a nasty penalty come October 1st,

which if the deal didn't officially close by then, would mean Paramount would have to pay Warner Bros. Shareholders $7 million a day. This thing might finally get across the finish line. Fascinating negotiation here. First of all, every single regulator across the world had approved this merger, and then you had this handful of states led by California. That was the last bastion, just Manning Helms deep there, trying to fight this particular merger.

I'm not sure which side had more leverage because, as you mentioned, Ellison and Paramount, come October 1st, they were going to have to pay shareholders $7 million a day in these penalties. So that adds up after a couple days or after one day, extending a couple months. That is a huge check you have to write. So his back was against the wall. But then on the other side, you had Rob Bonta, who's the Attorney General of California.

Paramount was threatening to leave the state of California. And they already had talks with Tennessee, probably Nashville, but they were threatening to leave. That is a huge job creator and investor in California. So both sides had their weaknesses. They were trying to exploit each other. I guess they worked on this compromise that to a lot of critics of this deal didn't extract enough concessions from Paramount to get the deal across. they were not so particularly happy with Bonta for making this deal.

But again, I'm not sure I had more leverage because both of them had particular weaknesses when they came to the negotiating table. And there's still a lot of critics out there about this merger, but there is a lot of both sidesism happening at this point because the main concern from a lot of people was that when you consolidate in this industry, you're going to create a lot of redundant entertainment jobs that are just going to go away when you have two studios and two production companies coming together. But the counter argument from that is that a lot of people in this industry have felt very ill at ease over the last couple of years.

There's been strikes. There's been writer strikes, director strikes, acting strikes. And they see this as bringing a degree of stability to the industry. The Directors Guild of America actually backed the settlement binding production commitments by saying that they provide greater stability during a period of declining production. So the fact that they have to make 30 movies a year or else face penalties, that actually is music to the ears of a lot of a lot of these people saying that now it seems like there's a more steady force in the industry rather than, you know, all the upheaval we've seen over the past couple of years. And a counterweight to all the tech companies coming in. Who won the most Emmys last week? It was Apple.

And now you have at least at least companies people know that have been around Hollywood for decades, which is Paramount and Warner Brothers saying, okay, we're going to combine to take. on the encroaching tech companies, Apple, Amazon, etc., who have encroached on our turf from the Bay Area, now coming down to Los Angeles. So maybe that is heartening to some of those people. What it does do is Crown David Ellison, the Prince of Hollywood. He's one of the most powerful people in that industry now. Just a few years ago, he was the owner of this small production company called Skydance, and then he just Pac-Manned his way up the food chain, ate Paramount, and then just ate Warner Brothers. A lot of that had to be some help from his dad, Larry Larry Ellison, one of the richest people in the world.

Moving on, we haven't seen a TV news showdown like this since Brick threw a trident in in 70s era, San Diego. Yesterday, three news outlets, CNN, MS now, and Politico, sued the Trump administration to regain access to the White House after they were banned from the grounds by President Trump on Friday. Escalated the battle even further, major TV networks known as The Pool, which take turns providing television coverage of the president's public events, said they would stop doing that in a historic move of solidarity with the banned out.

tensions between Trump and the press flared up last week when at when the president surprised even his own aides by confiscating the badges of CNN MS now and politico at the white house complex citing their unfavorable coverage of him Trump elaborated in a post Monday morning the white house is not instituting an assault on the free press something which I cherish it is instituting an assault on the fake news something that has grown like cancer in our beloved United States of America many others do see this as an assault on the free press with a three networks filing their lawsuit under First Amendment grounds. They wrote in a statement without notice or process, the White House revoked our journalist

credentials because it objected to our reporting, left unchallenged, this threatens press freedom and the public's right to independent journalism free from government interference. Sobe, with the pool banding together to not cover the most powerful person alive, we find ourselves in an unprecedented situation in modern media history. What is the pool? It sounds like this very... Something I spent a lot of time in this summer. Exactly.

That's what most people would think the pool is. But the pool exists actually mostly as a space saving mechanism because when you are the president, you're giving addresses in the Oval Office, for instance, and that is newsworthy. So a lot of news organizations want access to that footage, to that coverage. And yet, the Oval Office can't fit every single news organization in the world who wants access.

And so what they do is this rotating group of news organizations are the designated pool person for. that day, they go in, they film Trump's addresses, and then they distribute that to everyone else in the news ecosystem. The fact that it's kind of an unofficial alliance, but the fact that they are now banning together again to do a blackout on everything that Trump does shows that it does have leverage, and it is a powerful organization because it's basically the eyes, ears, and mouth of the president out to the rest of the world. But yes, essentially, it's a space saving mechanisms to make sure that there's not too many cameras from too many different cooks in

the kitchen covering everything the president does. The five networks are ABC News, CBS News, CNN, Fox News, and NBC News. What basically happened yesterday, the show of solidarity was CNN was banned. So all of the other four said, we are not going to take our replacement cameras, putting them in the room, or just have him trailing the president wherever he goes, because that's what they do. And they said, this is what we do in solidarity. More so, all the photojournalists from a bunch of media outlets like The Washington Post in New York Times. So we are not going to publish our photos of the president's daily activities until midnight, also in solidarity. You had this veep level type of humorous situation in earlier in the day that arose from the lack of a TV pool, which just shows why it's so important.

Trump was doing this big unveiling of a new heliport. that's that he wants to release to the public before President Xi Jinping comes from China to the White House later this week. You watch the video. It's literally nothing but static for this like eight minutes and nine minutes. He's talking in front of a bunch of people trying to introduce this entire new helipad. And you just can't hear anything because there's no, there's no microphone, there's no equipment that CNN would typically provide. So that was just a pretty humorous moment. Yeah, they were trying to go direct. The White House was saying, we don't need the pool. We can go to our own feed and yet it mostly picked up the helicopters blades, which is funny.

But it also comes during a big week because this is, the UN is in town. Again, this is actually relates to our previous story about the air traffic controller situation. A lot of people were trying to come to New York this week and the fact that one, it's blacked, the president's normal coverage is blacked out is unprecedented. And two, the fact that no one could land their flights in JFK was also unprecedented. So it's been a rocky week here in New York. York City for a lot of different reasons. All right, we're going to take a quick break and come back with Toby's trends right after this. Every day, shareholders meet to discuss important matters about the companies you invest in. Now you can easily make your voice heard too. Vanguard investor choice

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I'm just excited for what a howling good time families can have at any of Great Wolf Lodge's 22 locations across the country. Splash away in the indoor water park, where it is always 84 degrees, there's a massive wave pool, a lazy river, and tons of water slides. There's also a bunch of great dining options,

spacious suites, and complimentary daily events like nightly dance parties all under one roof. Book your stay at greatwolf.com. That's greatwolf.com. Neil, you know how I do a lot more than payroll around here?

You don't do payroll. Jordan does. Oh, right. I'm thinking of Intuit QuickBooks workforce. It helps businesses by bringing payroll, HR talent, and your financial data together in one place. Their auto payroll can make payday run itself. With guaranteed accurate tax calculations, owners aren't second-guessing the math,

just approving what's already right. Plus, payroll AI can catch issues and flag changes before they become problems. When something needs a human and live payroll and HR experts are right there to help out. For more info, head to the link in the show description. Has your local bagel shop started to sell suspiciously trendy, merch is your favorite neighborhood coffee spot starting to post Instagram videos with a little too curated of a vibe. It could be a sign that private equity has moved in on your favorite eateries, a trend I want to talk about on today's edition of Toby's trends. The P.Eification of food places

is causing an open rebellion amongst consumers who are tired of funds coming in to try and squeeze out every last dime out of their favorite spots. The most recent example comes here in New York City, where Los Tacos number one looks to a fallen victim to an undefined. disclose investment from the PE firm TSG consumer. Despite its founders promising that they are definitely not messing with the tacos, most people immediately joked how it was the beginning of the end, where juicy Alpest store would give way to juicy profits. Oftentimes, private equity is wielded as an insult regardless of if a fund is involved or not meant to evoke a lack of charm or soullessness. It has now become a kind of meme where everything gets worse as soon as it's bought by

private equity, Megan Greenwell, author of Bad Company, Private Equity and the Death of the American Dream told The Guardian. Greenwell says she teaches high schoolers who can't even really articulate what private equity is and yet tell her they'd never eat out of place owned by it. You know, everyone's had food from one of these places, crumble cookies, blank street coffee, they all just have this vibe to them. Trust right here, I don't mind some of them, but I can see why they rub people the wrong way. You all kind of look the same and you feel like they just don't have any sold. But if you're a restaurant owner and you're seeing a line down the block for your cookies or your ice cream or your bagels or your tacos, and you want to expand, what are you

supposed to do? This is a brutal business. Cost of labor is super high. You have to pay insurance. You have to pay rent in New York City. The margins are very low when it comes to the food industry. So if you want to expand, sometimes it's impossible not to take outside capital, which we know the young people have branded private equity, no matter what kind of outsize. It is. Those are the people with the money. And if you're pop of bagels and you're seeing so much success in Southern Connecticut and you want to expand in New York and all these other places that now have pop of bagels. That's just one example. You kind of have to go to get somebody to write a check to you and then you will be branded as selling out to PE by Gen Z. But they're definitely in a pickle

when it comes to expanding. You could grind it out with low margins for a lot of time. And you know what? A lot of restaurant chains have done that. But if you do want to plot your nationwide expansion, then you do have to kind of go to private equity and say, please, I want some of your money. There also is just this vibe to a lot of them. And a lot of people, you just kind of know upon walking in that it is owned by private equity. A lot of that has to do with the food itself.

They all seem to be the similar vein of cuisine. It's cookies. It's bagels. It's ice cream. And there's a reason for that. Those are very simple and repeal. products. You don't need highly trained staff. You don't need a big chef to come in. Production can be standardized across a lot of different locations. So it is not a, it is not an accident that, you know,

you're seeing crumble cookies. You're seeing Blank Street coffee. You're seeing all the same ilk of restaurant taking money from private equity because they love this place. They put a lot of money into it. Actually, PD firms invested almost $100 billion in bars and restaurants between 2014 and 24, according to CNBC. However, almost half of the bars and restaurants that filed for bankruptcy just two years ago in 2024 were backed by private equity. I'm thinking things like California Pizza Kitchen. All right.

I love it. I love CPK. And then Red Lobster in 2024, they were seen as PE being the death knell of them because you often saddle these companies with a lot of debt and maybe make them do an endless shrimp promotion to pad your bottom line or pad your supplier. So it does come with a lot of strings attached when these companies go to private equity and say, I want you to help me expand half all the bankruptcies two years ago. We're back by private equity. I just think it's so funny, too, that it's just become this insult that you throw around regardless of it's if it's true or not.

Some people are saying if I see a place with more than two locations, I get suspicious. I'm like, well, come on. Can we not have ambition anymore? Can you not say, oh, people love my delicious tacos here. I'm going to open another shop. So it's certainly in the lexicon of Gen Z in particular right now. They love tossing it out as an insult. All right, let's turn to the finish with some final headlines.

The stock market closed out summer with a bang. Soaring tech stocks lifted the NASDAQ a ginormous 2.3%. And the $1 trillion market clap club welcomed a new member. The chipmaker, AMD, an Nvidia rival who's been on a tear, rising more than 180% year-to-date. Yesterday's rally appears to be linked to Meta's ultra-popular Muse AI agent, which has topped the app store and fueled optimism over demand for the CPUs needed to run agentic AI. Meta, for instance, is AMD's second biggest customer, making up 5.5% of its revenue, Bloomberg notes. Meta shares had their best day since April 2025, up 11.4%. Whenever we get a big day in the market like this, people start to point out that it's a very bifurcated market, because literally just Muses' adopt.

percentages and numbers brought the market to all-time highs, but that's not actually indicative of the entire health of the market. Under the surface, more stocks fell to new 52-week lows on Monday than rose to 52-week highs. Also, right now, the technology sector is making up 51% of the S&P 500 market cap. This is supposed to be the diversified cross-section of every industry in America, and yet over half of that is coming from one sector alone. So anytime you are seeing these all-time highs, look under the surface, you might not see quite as robust of an economy, but as robust of a market as, you know, in years past when the market reaches all-time highs. Moving on, Seattle is adding a new protected class, people whose relationship status requires a shared Google calendar. The City Council unanimously approved a measure to ban polyamorous and non-monogynical.

relationship from discrimination, meaning businesses will have to make sure decisions about hiring or serving customers aren't based on someone having multiple partners. Sounds like Anishala, but the dating pool here is bigger than you'd think. Research cited by the city shows roughly 5% of Americans are currently in consensually non-monogamous relationships, while estimates put the share of people who have tried one at about 20%. Seattle also isn't going about this solo. Portland, Oakland, and Berkeley have adopted similar protections. Neil, big week for throuples. And I got to give you credit for a great joke. When I shared this link last night, I said, I think people will be into this. And you replied, multiple people will be

into this. And I literally laughed out loud when I read that. So good job, Toby. To me, it always strikes me that whenever you see a more progressive law like this coming at the city level, it is always the same cities. There's always Oakland. It's always Berkeley. It's always Cambridge. It's always Somerville in Massachusetts. And it's always Seattle. They've always been on the vanguard of these things that you might raise your eyebrows about, but maybe become more normalized in the subsequent decades. For example, Seattle residents were the first in the U.S. to vote in favor of legal protections for LGBTQ plus people back in the 1970s. Now they're doing it for Polly Amory. Finally, if you find yourself in Los Angeles today, then you'll be in town

for one of the most hyped museum openings of the year, Star Wars creator George Lucas's Museum of Narrative Art. The gigantic curvacious one billion dollar building instantaneously in architectural landmark features the massive collection of Lucas and his wife Melody Hobson with more than 1,300 works on view including Norman Rockwell paintings

manga art and yes of course a Star Wars display highlighted by a Naboo and one starfighter. Lucas has said the museum was created to honor humanity stories and the artists who illustrate them. I encourage you to look up a picture of this thing because it is awesome. I don't even know what I'm looking at.

It is curvasis as you put it. Also, it's been in the works for a long time. And George Lucas proposed this idea 15 years ago. He broke ground for it in 2018. And it was set to open in 2021, but officially opened to the public today. So a long time coming. Also, it wasn't always going to be in Los Angeles. It was originally he wanted to be in San Francisco, but then they kind of rejected his plans more than a decade ago. He then considered Chicago. Eventually, Los Angeles won the, the, the project. And last night, Samuel L. Jackson, who plays Mace Window in Star Wars, was not diplomatic about the cities that missed out. He said it could have been Chicago. It could have been Frisco, but everybody, they blew it. We have it now. It is ours. Definitely go there. It's going to become a big tourist attraction, and it looks really cool, too. That is all the time we have. Thanks for starting your morning with us and have a wonderful Tuesday.

To share your thoughts on the episode or anything else, send an email to Morningbrewdaily at morningbrew.com or DM us on Instagram at MBDaily Show. Let's roll the credits. Milliron is our supervising producer. Raymond Loo is our senior producer. Our producer is Olivia Graham and our associate producer is Olivia Lake. Technical direction by Nina Miller. Hair and makeup sold out to private equity. Devin Emery is our president and our show is a production of Morning Brew. Great. So Daniel, let's run it back tomorrow.