For plenty of moviegoers who’ve now seen The Devil Wears Prada 2 , it’s a pleasant exercise in nostalgia. Anne Hathaway and company wear very expensive clothing while again dodging Meryl Streep’s biting remarks, each delivered via her tongue-in-cheek take on Anna Wintour. For journalists, however, this comedy hits a tad too close to home. Layoffs. Faustian bargains with social media. Whole industries in the hands of ambivalent billionaires. Being forced to book economy … on international flights . These aren’t just plot devices to get the gang back together. These are the realities of working in media in 2026, where the decline of old models demands agility from the legacy companies that want to thrive — while making room for new opportunities, platforms and breakout stars. The Fourth Estate is still flush with power, it’s just more scattered than ever. And that’s not necessarily a bad thing. “New paradigms take time to reveal themselves,” says Puck co-founder and editor-in-chief Jon Kelly.…