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Longtime WNBC Investigative Reporter Reveals Network Eliminated Her Position

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After parting ways with WNBC, longtime investigative journalist Sarah Wallace wants to clear the air: She’s not retiring.

Instead, the seasoned journalist revealed in a direct-to-camera social media video on Friday that her position was entirely eliminated from the company, citing the changing media landscape as the cause for her career change.

“As we know, the media landscape around the country has changed, and WNBC made the difficult financial decision not to renew my contract and to actually eliminate my position as an investigative reporter,” Wallace said. “I had 11 great years there, and they have been fabulous to me. I’m also grateful to all of you who have reached out with your support: your calls, your messages, your emails.”

In the video, Wallace looked at the bright side of the situation, saying that she will now be able to dive even deeper into investigation outside of WNBC. However, she, like many journalists who have been laid off, now faces the struggle of finding the best channel through which to continue her work.

“Now, I am able to focus full-time on my passion of investigative reporting: crime, corruption, wherever it leads, and I am just now looking for the right platform to do it,” Wallace shared. “You’re going to be seeing more of me, and I want to hear from you, so I’ll keep you posted.”

You can watch the full video below.

Wallace’s story is becoming all too familiar in the media world, as mass layoffs and restructurings continue across the industry. In the past 10 days, BuzzFeed cut the HuffPost National Desk to three reporters and Vox laid off four employees after being acquired by James Murdoch’s Lupa Systems and. In July, BuzzFeed laid off 35% of its workforce, while Patreon laid off 20%.

These losses have hit the entertainment sector as well. Despite the massive success of “Toy Story 5,” Disney let go of hundreds of staffers in July, with Pixar hit particularly hard. Annapurna similarly laid off 30 staffers on Wednesday due to “shifting market conditions.” In 2025, entertainment and media layoffs were up 18%, with over 17,000 jobs cut across television, film, broadcast, news and streaming in the first 11 months of the year.

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5 Back-to-School Movies to Stream in August

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Summer is rapidly coming to an end, even if the weather doesn’t feel like it just yet, and that means it’s back to school for many. To prepare, some good back-to-school movies might help.

Whether you’re headed back to the classroom yourself — either a student or maybe a teacher — or just have a loved one getting back into the swing of things, a new school year can be daunting. So, for this list, we picked some films that can remind you how fun it is, while maybe teaching some good lessons along the way.

Here are five back-to-school movies to stream in August.

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CA Lawmakers Compromise With Film Industry On Corporate Tax Credit Cap

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The California production community can breathe a sigh of relief: State lawmakers have officially introduced a bill meant to allow studios a few key exemptions from a recently enacted restriction on corporate tax credits.

AB136, introduced Friday evening, addresses concerns raised from stakeholders including the Motion Picture Association about the threat of undermining the efforts to expand California’s Film & TV Tax Credit pool to $750 million.

Lawmakers have to consider legislation for 72 hours before voting. With that in mind, a vote on AB136 is likely to come Monday evening, hours before the midnight end to the legislative session.

The state budget, passed this summer, seeks to stabilize revenue by preventing corporations from offsetting more than $5 million in tax liability annually for the next three years. Several advocacy groups pushed for a complete exemption, but the solution introduced by lawmakers on Friday evening does fall short of that.

Instead, only independent productions will be completely exempt from the $5 million cap. The legislation also addresses concerns about the payback period for studios that have elected to refund credits for cash. Current law allows studios to get cash instead of claiming the credit against tax liability for a 10% discount on the total with a payback period of five years. The fix accelerates that to two years with just a 5% discount.

The new legislation will also extend the expiration date of the non-refundable tax credits that were issued prior to 2025.

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Rosie O’Donnell Wraps Up Jimmy Kimmel Live Week as Top Guest Host

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Rosie O’Donnell wrapped up her week guest hosting on “Jimmy Kimmel Live!” to impressive numbers, ranking as the highest-rated summer substitute thus far.

For the week of Aug. 17, O’Donnell averaged a total viewership of 2.17 million and a demo viewership of 237,000 viewers, according to live-plus-three-day viewing figures from Nielsen reported by LateNighter.

O’Donnell’s week of hosting marks the ABC late night show’s most-watched week in both measures since mid-June, before Kimmel tossed the show over to a suite of guest hosts, including Tiffany Haddish, Anthony Anderson, Ike Barinholtz and Colman Domingo.

In fact, viewership for O’Donnell’s week of hosting was up in both categories from the week of Aug. 9, which was headed up by Anderson. Total viewership for O’Donnell was up 40% from the previous week, while demo viewership saw a 34% rise.

With that, “Jimmy Kimmel Live!” maintained its lead on NBC’s “The Tonight Show Starring Jimmy Fallon,” which averaged 1.43 million viewers and 171,000 demo viewers, as well as “Comics Unleashed,” which averaged 654,000 total viewers and 75,000 demo viewers across the same hour.

O’Donnell’s stint hosting also boosted ratings for ABC’s “Nightline” as it picked up at 12:35 a.m. The show averaged 918,000 total viewers – up 11% from the previous week — and 110,000 demo viewers — rising 20% from the previous week.

O’Donnell started her guest hosting week strong. On Monday, Aug. 17, O’Donnell brought in 1.87 million total viewers, according to preliminary Nielsen live-plus-same-day figures reported by LateNighter, which marked the biggest audience for any of Kimmel’s guest hosts so far this summer. 

Country music artist Jelly Roll took the baton from O’Donnell for the week of Aug. 24. So far, Jelly Roll’s Monday audience landed at 1.07 million viewers, down 11% from the previous Monday when O’Donnell held the stage. Full ratings for Jelly Roll’s week of hosting will be available next week.

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