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HEADLINES: Fox News #1 among cable news nets; layoffs at Jeff Probst Show

Fox Leads Cable News, CNN Dips
For 2012, Fox News Channel will go down as #1 again, with 2 million average viewers. MSNBC is now in second place and CNN is a distant and struggling third. [MediaDailyNews]

Layoffs On Syndicated Talker ‘Jeff Probst’
In yet another sign that this talker probably won't be around beyond this season, CBS Television Distribution's The Jeff Probst Show is laying off a sizable number of employees - and right before Christmas, too. [Deadline Hollywood]

L.A. Reid: ‘I Will Not Return To The X Factor Next Year’
Count one judge out for next year's edition of The X Factor.  L.A. Reid says he needs to focus on Epic Records, the record company that he says he's had to neglect because of his duties on Simon Cowell's popular Fox reality show. [Access Hollywood]

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