This page hosts daily news stories related to the media and journalism industry. Check back often, as new stories may be added throughout the day.
CBS to Provide FCC with Full Transcript of Kamala Harris Interview as Trump Lawsuit Continues
CBS has agreed to hand over an unedited transcript of its October interview with Vice President Kamala Harris to the Federal Communications Commission (FCC). The decision follows a lawsuit by President Donald Trump, who claims the 60 Minutes interview was deceptively edited to favor Harris. Trump sued CBS for $10 million, alleging voter interference, while CBS has defended its editorial decisions and called the lawsuit meritless. The case has drawn the attention of press freedom advocates, and reports suggest CBS’ parent company, Paramount, has engaged in settlement talks with Trump’s legal team. (Read More – Washington Examiner Rating)
Forbes Announces Layoffs Following Financial Challenges and Search Traffic Decline
Forbes has laid off approximately 5% of its workforce, citing financial struggles and declining online traffic due to changes in Google’s Site Reputation Abuse policy. The company’s newly appointed CEO, Sherry Phillips, acknowledged that Forbes had missed its financial goals for 2024 and is now reorganizing to improve efficiency. The layoffs come as part of broader media industry job cuts at Vox Media, Condé Nast, CNN, and The Washington Post. The timing is significant as Forbes is in talks to sell itself to Koch Inc.’s private equity arm for around $570 million. (Read More – Adweek Rating)
Trump Attacks Wall Street Journal for Criticizing His Tariff Plan
President Donald Trump criticized The Wall Street Journal for an editorial opposing his new tariffs on Mexico, Canada, and China. The Journal’s editorial board warned that Trump’s policies could harm trade and manufacturing, likening them to economic isolationism. In response, Trump accused the paper of siding with “globalists” and defending countries that have “ripped off America” for decades. The White House also condemned the Journal, accusing it of supporting “America Last” policies. The tariffs—25% on imports from Mexico and Canada and 10% on Chinese goods—have already prompted responses from Canadian and Mexican leaders. (Read More – The Hill Rating)
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