Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
6:05 AM ET, December 5, 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 1,500 jobs, or about 17% of its workforce, in its third round of layoffs this year …
RELATED:
Ashley Carman / Bloomberg:
Spotify plans to cancel the Gimlet Media podcasts Heavyweight and Stolen after their current seasons, as the company retreats from in-house productions  —  - Shows will finish out work on current, in-production seasons  — Programming decision coincides with company's latest job cuts
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 …
Perry Bacon Jr / Washington Post:
MSNBC should be careful not to become the TV arm of the Democratic Party leadership, as shown by some of its recent moves, like canceling Mehdi Hasan's show  —  The cancellation of Mehdi Hasan's show is the latest in a series of recent moves by MSNBC that are pushing the network in the direction …
Max Tani / Semafor:
An interview with Megyn Kelly about co-hosting the Dec. 6 GOP presidential primary debate on NewsNation, her pivot to audio, being “un-cancellable”, and more  —  The News  —  After Megyn Kelly left her high-profile Fox News perch for a $69 million, three-year NBC contract …
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.
Timmy Shen / The Block:
Sources: as part of its January 2023 merger with CryptoSlam, Forkast Labs laid off the majority of its editorial staff and suspended operations in November  —  - The crypto news site wound down editorial operations on Nov. 30, sources close to the matter said.
Will Sommer / Washington Post:
Ex-Fox News employee Andrew Delancey sues the network and top producer Justin Wells over an alleged sexual assault; Wells now works on Tucker Carlson's X show  —  A former Fox News staffer is suing the producer — who was fired last spring along with the host — over the alleged assault …
Paul MacInnes / The Guardian:
The English Premier League signs a new deal with Sky and TNT Sports under which the soccer competition will receive £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
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.
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
RELATED:
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 …
Etan Vlessing / The Hollywood Reporter:
Nexstar CEO Perry Sook says The CW may break even by the end of 2025 after Nexstar achieved about $100M 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: @benmillermke and @tvgrimreaper
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
RELATED:
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 6:05 AM ET, December 5, 2023.

View the current page or another snapshot:


 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
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
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
 Earlier Picks: 
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
 

 
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

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

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems
 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page