On this gloomy Friday in New York, after a particularly long week for the media world, host Matt Van Hoven, editor of AgencySpy, and special guest host TVNewser‘s Kevin Allocca welcomed FishbowlNY editor Amanda Ernst to the mediabistro.com Morning Media Menu to wrap up the biggest news of the week.

Of interest today was news of even more layoffs at Condé Nast — this time at GQ and Vanity Fair. Also discussed, The New York Times Co.‘s third quarter earnings report, out yesterday, which revealed the surprising fact that although advertising revenues have dropped, circulation revenues grew for the company. What does this mean for the publishing world?

Lastly, Kevin discussed the newly redesigned CNN.com, unveiled last night. The new Web site has better navigation with the same amount of video content offerings, as well as increased cross-over promotion with Time Inc. brands like Sports Illustrated and Entertainment Weekly, in the hopes of becoming many users’ homepage for news. We’re hopeful that a more visible partnership between CNN.com and the Time publications will help the brands survive the onslaught facing the publishing industry these days.

You can listen to all the past podcasts at BlogTalkRadio.com/mediabistro and call in at 646-929-0321.