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5:00 PM ET, December 4, 2023

Mediagazer

 Top News: 
Manish Singh / TechCrunch:
Spotify lays off ~17% of its workforce, or ~1,500 staff, to “rightsize” its costs, citing slow economic growth and rising capital costs, its third cut in 2023  —  Spotify is eliminating about 17% jobs, its third round of layoffs this year, as the music streaming looks to become “both productive and efficient.”
Alex Weprin / The Hollywood Reporter:
Comcast president Mike Cavanagh says Peacock now has 30M paying subscribers, with an ARPU of $10 per month, and saw $2.8B in losses in 2023  —  “We collected an eight and a half billion dollar check on Friday,” Mike Cavanagh said, adding that Disney's payment for Hulu has cleared.
Catharine Tunney / CBC News:
CBC/Radio-Canada plans to cut ~10% of its workforce, or 600 workers, and cut CA$40M in programming over the coming year to cope with a CA$125M budget shortfall  —  Public broadcaster says most cuts will take effect over the coming year  —  The Canadian Broadcasting Corporation/Radio-Canada announced Monday …
Charlotte Tobitt / Press Gazette:
James Dyson loses his £1M libel case against Mirror Group after a High Court judge rules Dyson was not caused “serious harm” by a January 2022 Mirror article  —  High Court judge says Brian Reade comment piece did not cause ‘serious harm’.
Etan Vlessing / The Hollywood Reporter:
GroupM forecasts global ad spending to grow 5.8% YoY to $889B in 2023, excluding US political ads, and US political ad spending in 2024 to reach a record $15.9B  —  Worldwide advertising will post a 5.8 percent gain this year to $889 billion, before slowing to a 5.3 percent gain in 2024 …
Carl Franzen / VentureBeat:
Generative AI video startup Runway ML partners with Getty Images on a new AI video model available in the coming months for use in Hollywood and advertising  —  Runway ML, the New York City video AI startup backed by Google and Nvidia, continues to entrench itself in the marketplace of the future.
more at Techmeme »
Mark Kleinman / Sky News:
Source: Ofcom CEO Melanie Dawes will remain recused from the watchdog's probe into the sale of The Daily Telegraph as the Lloyds Banking employs her husband  —  Dame Melanie Dawes will play no role in Ofcom's inquiry even after Lloyds, which employs her husband, is repaid a £1.16bn loan later on Monday, Sky News learns.
Discussion: Bloomberg
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Alex Weprin / The Hollywood Reporter:
Streaming services seem to be increasingly open to bundling with rivals, as Verizon announces a $10 per month deal for Netflix and Max's ad tiers  —  A Verizon-backed Netflix and Max deal, and talks between Apple and Paramount suggest that streaming bundles may be about go get bigger and better.
Reuters:
A group of 83 Spanish media outlets files a lawsuit against Meta, citing unfair competition in the ad market due to its “massive” and “systematic” use of data  —  A group representing 83 Spanish media outlets on Monday said it has filed a 550 million euro ($598 million) …
Paul MacInnes / The Guardian:
The English Premier League agrees a new deal with Sky and TNT Sports under which the soccer competition will earn £6.7B over four years for its UK TV rights  —  - Number of live games set to grow substantially as part of deal  — Match of the Day to continue after BBC buys highlights rights
Etan Vlessing / The Hollywood Reporter:
Nexstar CEO Perry Sook says The CW may break even by the end of 2025 after Nexstar made about $100M per year in annual savings  —  Perry Sook said the advertising recession and the recent dual Hollywood strikes represent headwinds to getting beyond losses at broadcast network.
Discussion: @tvgrimreaper
Sam Buckingham-Jones / Australian Financial Review:
The Guardian's senior editors issue a rare joint message to staff, warning them on signing letters and posting messages that “risk compromising” its integrity  —  The Guardian's most senior editors have issued a rare joint message to their staff, warning journalists …
Peter Walker / The Guardian:
UK Culture Secretary Lucy Frazer confirms that the BBC will receive a below-inflation license fee increase; the £159 annual fee has been frozen for two years  —  Imminent announcement expected to signal further cuts to broadcaster's staffing and programmes
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 More News: 
Celeste Katz Marston / Nieman Reports:
Five lessons from successful local news startups, including focusing on a single mission, openness to non-traditional reporting, and engaging the public
Dawn Wotapka / Talking Biz News:
Q&A with Kevin Delaney, who co-founded “future-of-work” media and research company Charter in 2021, on the company's goals, his time at Quartz and WSJ, and more
Maria Sherman / Associated Press:
Kiss' three current members reveal digital avatars of themselves, created by Pophouse and George Lucas' ILM, which will tour as the rock band stops live touring
 Earlier Picks: 
Phil Walker / The Guardian:
How successful cricket podcasts, often begun as labors of love by obsessive fans, have persisted in a broadcasting landscape saturated by rivaling media outlets
Alex Thompson / Axios:
Sources: Newsmax is clashing with the RNC after RNC proposed that Newsmax pay $2M to co-sponsor the third GOP primary debate as the junior partner to ABC News
Anthony Ha / Engadget:
A look at the escalating battle between YouTube and ad blockers, as YouTube speeds up its methods to detect blockers and rolls out new ways to serve ads
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Andrew J. Hawkins / The Verge:
The US NHTSA suggests easing rules allowing for fully driverless cars and urges companies operating driverless cars to share more data for greater transparency

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
 
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