Happy Friday, and welcome back to In The Room.

Greetings from Los Angeles. On Thursday, I joined my colleague Peter Hamby on The Powers That Be pod to discuss Jeff Bezos' WaPo C.E.O. search and examine what the New York Times’s Gaza hospital reporting screw-up tells us about their business ambitions. (Hint: It has something to do with CNN.) If you haven’t had a chance to listen yet, you can do so here.

In tonight’s email, more of our continuing live coverage of Bezos’s impending Post announcement, and some tea-leaf reading on his latest missive to staff. Plus, some informed speculation on the media M&A landscape, and what Hollywood’s inevitable consolidation could mean for CNN, CBS News, and the rest of the TV news industry. And stick around for some weekend reading recommendations down below.