Top News:
Dade Hayes / Deadline:
AMC Networks says it is reducing its 1,800 person workforce by “less than 5%” through voluntary buyouts — AMC Networks, which is continuing to navigate the transition from linear TV to streaming, is shedding less than 5% of its global workforce of 1,800 employees via voluntary buyouts.
Discussion:
TVNewsCheck, Advanced Television, The Streamable, The Wrap, Variety and Streaming Better
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Georg Szalai / The Hollywood Reporter:
AMC Networks reports revenue down 6.3% YoY to $561.7M, operating income down 40.7% to $55.5M, streaming revenue up 14% to $174M, and 10.4M streaming subscribers — The company, led by CEO Kristin Dolan, posted its third-quarter results. — AMC Networks, the company behind such cable channel brands …
Discussion:
Media Play News and Deadline
Allegra Kirkland / Talking Points Memo:
A former Teen Vogue editor reflects on the magazine's legacy as a point of entry for early-career journalists and the pressure it faced not to cover politics — If you just skimmed the press release, you wouldn't really get the scale of it. On Monday, Vogue.com announced that Teen Vogue …
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Max Tani / Semafor:
Sources: Condé Nast fired four staffers who were among a group of over a dozen that confronted its HR head over the Teen Vogue closure and other recent cuts — The Scoop — Condé Nast abruptly fired four staffers who were among a group of more than a dozen employees …
Discussion:
New York Post, Poynter, The Wrap, @maxwelltani, @levinejonathan, @kirk_bado, @goodbyealma, @goodbyealma, @goodbyealma, @goodbyealma, @condeunion, @andreachalupa.bsky.social, twitchy.com, Status, @maxwelltani, @nataliekorach, @nataliekorach, @jakelahut, Variety, The Independent, IJR, Deadline, @courtney@pdx.social, The A.V. Club, Le·gal In·sur·rec·tion, NewsGuild of New York, @dinfontay.com, @thefrontlist.org, The Wrap, @leyrer@23.social and @coreyatad.com
Associated Press:
Farmers' Almanac, first printed in 1818, says its 2026 edition will be its last, citing financial challenges; access to the online version will end in December — Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share
Julian Wyllie / Current:
Boston's GBH plans to cut 15 positions by January, the fourth round of layoffs in 2025; GBH was set to receive 8% of its budget, or ~$18M, in federal funding — GBH in Boston announced Thursday that it is cutting 15 positions in its finance, marketing, technology and children's programming departments.
Discussion:
The Boston Globe
Paul Sandle / Reuters:
ITV says it is in preliminary talks to sell its media and entertainment division to Comcast's Sky for £1.6B, a deal that would require regulatory approval — - ITV says in preliminary talks over M&E division sale — Sale would be for free-to-air channels and streaming platform
Discussion:
The Guardian, The Wrap, BusinessCloud, The Drum, The Standard, Financial Express, BBC, Gamereactor UK, Wall Street Journal, Screen, The Sun, Decode TV, Deadline, The Guardian, The Times, Dow Jones Newswires, Telegraph, Proactive, TVNewsCheck, RTÉ, The Independent, City A.M., Mirror, Variety, Bloomberg, The Hollywood Reporter, Advanced Television, TVBEurope, Broadband TV News and campaignlive.co.uk
Reuters:
Sources: Comcast has hired Goldman Sachs and Morgan Stanley to evaluate a prospective offer for Warner Bros. Discovery's studio and streaming businesses — Comcast has retained financial advisors and gained access to financial information as it explores a bid for Warner Bros Discovery's …
Jake Bleiberg / Bloomberg:
WaPo says it was impacted by a series of breaches involving Oracle's E-Business Suite, whose flaws were exploited by a ransomware gang — The Washington Post was impacted as part of a series of breaches involving a popular Oracle Corp. product, the newspaper company said on Thursday.
Discussion:
Reuters, Silicon UK and Security Affairs
Allison Smith / Modern Retail:
Shopify joined Substack in October, the latest and the biggest company to do so and a sign that brands take Substack seriously as a marketing channel — American Eagle. Rare Beauty. The RealReal. These are some of the biggest brands that have, within the past year, launched their own Substack newsletters.
Discussion:
Allison Smith on LinkedIn
Cynthia Littleton / Variety:
An interview with SAG-AFTRA President Sean Astin on 2026 AMPTP talks, the Jimmy Kimmel suspension, Tilly Norwood AI controversy, the microdrama boom, and more — Veteran actor sounds the alarm on the unchecked spread of generative AI content: ‘We need to protect our very dignity, our humanness’
Ja'han Jones / MSNBC:
USAGM Acting CEO Kari Lake plans to shut down Szabad Europa, RFE/RL's Hungarian service, for programming that has “undermined” Trump policy by opposing PM Orban — The de facto head of the U.S. Agency for Global Media says she's shutting down the Hungarian branch of Radio Free Europe because it opposed Orban.
