The media landscape continues to shift as Netflix purges its executive class while Larry Ellison borrows big dollars to backstop his son’s Skydance media empire.

Let’s start with Netflix.

Netflix Cuts 1,000 Jobs, Including Key Executives

Puck had the scoop before the layoffs happened, reporting on October 9 that Netflix was planning to cut about 5% of staff. Puck explained the likely reasoning:

Netflix does restructurings periodically, though its last big public layoff was in 2022, amid the Great Netflix Correction and a period of slowing growth, and that reduction hit only about 150 employees, or about 2 percent of the workforce. The company’s share price has been under pressure since last year’s failed bid for Warner Bros.…