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The Hollywood Reporter

Netflix In Final Talks to Buy Radford Studio Lot at Around $330 Million Price Tag How Scriptation Broke Hollywood’s Addiction to Paper The Conservative Climate Activists Hollywood Ignores Diamonds Are Forever. But Are They Sustainable? Dave Mason, Traffic Co-Founder and “We Just Disagree” Singer, Dies at 79 ‘Secret Lives of Mormon Wives’ Will Resume Production Following Filming Pause Amid Taylor Frankie Paul Investigation ‘Michael’: What Critics Are Saying About the King of Pop’s Biopic ‘Texas Chainsaw Massacre’: ‘Obsession’ Filmmaker Curry Barker in Talks to Write, Direct T-Mobile Deepens Its Promise of Fastest 5G Internet With Same-Day Delivery, Powered by DoorDash Dwayne Johnson and Stephen Merchant Adapting ‘Fighting With My Family’ Into Stage Musical Inside ‘Blue Heron,’ the Most Acclaimed Film of 2026 So Far Broadway Box Office: Grosses Fall Amid Spring Openings, Daniel Radcliffe Cracks Top Five How Peaches Gives Dan Levy’s ‘Big Mistakes’ a Queer Thrill ITV’s ‘Believe Me’: Daniel Mays on the Toll of Playing the “Black Cab Rapist” and Writer Jeff Pope on Focusing on Victims Rather Than the Predator K-pop Icons BigBang Announce World Tour, Tease Group’s “Reset” During Final Coachella Set John Oliver Mocks Trump for Calling Pope “Weak on Crime”: “OK, But Who Gives a Sh**?” Taylor Frankie Paul Posts About “Ugly Parts” of “Healing” After Learning She Won’t Face Additional Domestic Violence Charges ‘Euphoria’ Defecating Pig Starts a Drug War, With Rue Stuck in the Middle Frank Marshall Says ESPN Pulled His Doc ‘Rachel, Breathe’ “An Hour Before Broadcast” Over Rights Disagreement Barack Obama Says His and Michelle’s Production Company Higher Ground Will Go Independent After Netflix Deal Ends Asobi System Artists, Executives on Global Aspirations and Asobi Expo Hawaii 2026 ‘Facts of Life’ Star Mindy Cohn Reveals Cancer Diagnosis How a Gold House Dinner Helped ‘Beef’ Creator Lee Sung Jin Land Season 2 Star Charles Melton Dave Chappelle Pitches Eddie Murphy on Joining Potential ‘Chappelle’s Show’ Reboot at AFI Gala Noah Wyle on the Origins of and Real-Life Connection to His Dark ‘Pitt’ Season 2 Journey Billie Eilish and SZA Join Justin Bieber for Coachella Weekend Two Headlining Set PinkPantheress Throws Star-Studded Birthday Bash During Coachella Set With Slew of Celeb Guests Former U.S. Presidents, Entertainment, Sports and Media Leaders Convene in Rare Gathering to Celebrate Country’s 250th Anniversary Olivia Rodrigo Debuts “Drop Dead” Live During Surprise Appearance at Addison Rae’s Coachella Set Nadia Farès, ‘The Crimson Rivers’ Actress, Dies at 57
Editor’s Letter: This Devil Wears Banana Republic
Lexy Perez · 2026-05-06 · via The Hollywood Reporter

There was a time, not too long ago, when assembling a list of New York’s most prominent media personalities was a relatively painless task. The grand institutions of American media were concentrated within a 20-block radius of midtown Manhattan — home to the major networks, newspapers and glossy magazines that dominated American culture and politics. On a typical day at Michael’s, you might spot Barbara Walters, Gay Talese, Diane Sawyer, Mort Zuckerman, Carl Bernstein, Liz Smith and Nora Ephron. Scribble down everyone in your eyeline, and the media list was half done.

Those days are over. Today’s media elites are scattered across platforms that barely existed a decade ag­o ­— Substack, YouTube,TikTok — and in this splintered ecosystem, influence is harder to define and easier to manufacture. Compiling a New York power list takes weeks of deep research, anonymous sourcing and a few tense conference-room debates. What qualifies as media power in 2026? Who qualifies as a media personality? What even qualifies as media?

If you are looking for a cultural marker of that shift, consider The Devil Wears Prada sequel, arriving just as this issue goes to press. The 2006 movie captured magazine publishing at its most glamorous and self-assured; the new installment feels closer to documentary. Meryl Streep is still running Runway magazine, or what’s left of it after never-ending budget cuts, battling shrinking ad dollars and greedy tech bros. In the original, Miranda flew private. In the sequel, she unhappily flies coach.

As an editor for the past three decades, I’ve had a front-row seat to the media revolution, though admittedly less luxe than Anna Wintour’s. Surveying my outfit one day several years ago, the author Hanya Yanagihara, my then-deputy at Radar magazine, wickedly quipped: “This devil wears Banana Republic.”

Of course, it’s not all bad news. The clubby elitism of the old guard has given way to a more decentralized, democratized information-delivery network — more nimble, diverse and unshackled by the biases of the old order. A new generation of media stars like Emily Sundberg has risen to the top propelled purely by moxie. THR’s New York issue — our first since 2022, when the pandemic shuttered both the issue and the annual celebration — reflects the best of both worlds. On Mikey O’Connell’s media power list, stalwarts like Savannah Guthrie and Times editor Joe Kahn share the stage with newcomers. And Lacey Rose’s cover interview with soon-to-be-former Late Show host Stephen Colbert is as sharp as anything Talese tapped out on his Selectric. On May 7, we’ll be in Manhattan for a party to celebrate this issue at an event at Daniel sponsored by A&E in honor of the nation’s 250th birthday and the important impact that the media, including magazines, has played in it.

Like vinyl, print may well come roaring back. At least that’s what my AI chatbot keeps telling me.

This story appeared in the May 6 issue of The Hollywood Reporter magazine. Click here to subscribe.