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3:50 PM ET, December 5, 2023

Mediagazer

 Top News: 
Tom Symonds / BBC:
Lawyers for News UK and former UK Cabinet minister Chris Huhne reach a settlement in a phone hacking case that Huhne says includes a “six figure sum” in damages  —  The publisher of the Sun and the News of the World has agreed a “six figure” settlement to a phone-hacking claim from a former government minister.
RELATED:
Bron Maher / Press Gazette:
Discussion: Reuters, Mediaite and NPR
Drew Richardson / CNBC:
Disney investor Ancora urges other Disney shareholders to put Nelson Peltz on the board and blasts the existing board for “sustained value destruction”  —  - Activist investor Ancora issued a letter to Disney shareholders urging the company to add Nelson Peltz to its board.
Charlotte Klein / Vanity Fair:
Jessica Lessin and others reflect on 10 years of The Information, which has 65 full-time employees, 475K active readers, and expects revenue growing 30% in 2023  —  As the tech website turns 10 this week, its editor in chief reflects on building a sustainable subscription business off Silicon Valley scoops …
Jake Kanter / Deadline:
Amazon fails to renew its live English Premier League rights deal, as part of Sky and TNT's new £6.7B UK TV rights deal for four soccer seasons from 2025/2026  —  - BBC Names Royals Accused In Omid Scobie Book Of Commenting On Skin Color Of Harry & Meghan's Son
RELATED:
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
Axios:
FazeWorld, a production studio that creates shows for TikTok, Instagram, YouTube, and others, raised a $750K seed round at a $7.5M valuation  —  FazeWorld, a production studio that's created viral TikTok shows, has raised a $750,000 seed round at a $7.5 million valuation from a slew of big names in media …
Jody Rosen / New York Times:
Behind the scenes of a Sunday Night Football broadcast, which is one of the most inventive and artful uses of the TV medium  —  Months of preparation, hundreds of staff, convoys of cutting-edge gear: inside the machine that crafts prime time's most popular entertainment.
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 …
 
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 More News: 
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
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
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
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
 Earlier Picks: 
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
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