Newsom proposes expanding California film and TV tax credit to at least $1 billion on eve of midterms
The outgoing governor wants a major boost in production incentives as California competes with rival states and countries for shoots.
Variety · +14 outlets
Fox posts record $4.57 billion quarterly revenue as World Cup and midterm ad spending surge
Political and sports advertising lifted Fox Corp's fiscal first quarter above forecasts even as its news network's ratings slipped.
The Hollywood Reporter · +13 outlets
Fox News hit by viewer fatigue as October ratings fall and Lachlan Murdoch addresses declines
The network lost roughly 27% of total day viewers year over year, which Fox's CEO attributed to midterm-cycle fatigue that he expects to reverse.
The Hollywood Reporter · +6 outlets
Networks map out midterm election night coverage as audiences fragment
Broadcast and cable news outlets are sharing production resources and adding streaming options to chase viewers across platforms.
Thewrap · +6 outlets
Haley Stevens' shock GOP endorsement of Mike Rogers fuels tense CNN interview with Anderson Cooper
The Michigan congresswoman's last-minute switch days before the midterms became one of the cycle's most-watched TV moments and drew criticism from her own party
Mediaite · +14 outlets
Druski signs multiyear Netflix deal starting with church comedy 'Collect & Praise'
The comedian and online creator deepens his relationship with the streamer as his megachurch series readies a December launch.
The Hollywood Reporter · +6 outlets
Netflix lays off UK staff, with production VP Anna Mallett among those affected
The cuts hit 2-3% of the streamer's London-based workforce, including a former ITN and BBC Studios executive.
The Hollywood Reporter · +2 outlets
Meta settles teen social media addiction lawsuits, avoiding trial
The settlement removes one major legal exposure as Meta also rolls out teen safety alerts across more of its platforms.
Law Commentary · +13 outlets
Affle to acquire ad tech company Perion for $420 million, expanding into CTV and retail media
The deal widens the mobile marketing firm's reach into connected TV and retail media advertising.
Storyboard18 · +13 outlets
Skydance's $80 billion debt load draws skepticism over its financial targets
Analysts question whether the David Ellison-led media company can hit its goals without cost cuts, equity raises or asset sales.
Thewrap · +1 outlets
CTVs overtake cable in political ad spend for the first time in a midterm cycle
Political advertisers spent a record $11.4 billion this cycle, with connected TV taking more than half of the new money.
Adweek
Hollywood Music in Media Awards nominations include 'The Odyssey,' 'Michael' and Taylor Swift
The awards honoring composers and songwriters put several billion-dollar box office titles and major music names on its 2026 nominees list.
Thewrap · +5 outlets
Reese Witherspoon's Hello Sunshine cuts staff weeks after buyback deal
The production company trimmed its workforce less than three weeks after Witherspoon repurchased it.
Forbes · +11 outlets
U.K. court weighs whether mental health claims can block abuse allegations against a celebrity
A well-known individual is seeking to stop two outlets from publishing allegations, in a case drawing wide attention in Britain.
Variety · +2 outlets
Russell Brand defense delivers closing arguments as London rape trial nears jury deliberation
The jury will weigh three counts of rape, three of sexual assault and one of attempted indecent assault, all of which Brand denies.
The Hollywood Reporter · +8 outlets
Virgin Media O2 plans up to 4,000 job cuts, about 25% of its workforce
The UK telecom and media group is cutting thousands of roles as part of a cost-reduction push.
People Matters · +3 outlets
Anthropic-adjacent AI placement firms Rembrand and Whisper World merge, eye IPO
The combined company, WRLabs, pairs AI ad placement with a decade of in-show advertising across Asia, Africa and the Middle East.
Adweek
Publishers build custom APIs to make journalism usable by AI agents
People Inc., Forbes and others are structuring content in formats AI systems can consume, as outlets weigh subscriber access for agents.
Digiday