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6:55 PM ET, December 7, 2023

Mediagazer

 Top News: 
Reuters:
Investigation: an Israeli tank crew killed a Reuters journalist and wounded six reporters in Lebanon on October 13 by quickly firing two shells from Israel  —  An Israeli tank crew killed a Reuters journalist and wounded six reporters in Lebanon on Oct. 13 by firing two shells in quick succession …
Jay Peters / The Verge:
Sony removing Discovery content due to licensing “arrangements” and unexpectedly banning PSN accounts are timely reminders that users don't own digital content  —  In less than a week, Sony has given us two timely reminders of the tenuousness of digital “ownership” — and both reminders involve things on PlayStation.
Steven McIntosh / BBC:
UK Culture Secretary Lucy Frazer says the BBC's license fee will rise 6.6% to £169.50 in April 2024 after a two-year freeze; the BBC expects a ~£90M funding gap  —  The current BBC licence fee of £159 will increase by £10.50 - a rise of 6.6% - the government has announced.
RELATED:
Jake Kanter / Deadline:
The BBC says the new TV license fee deal leaves a £90M funding gap, as insiders warn the deal sets a “worrying” precedent and “threatens the BBC's independence”
Alex Weprin / The Hollywood Reporter:
Amazon signs a three-year deal with IPG's Mediabrands, whose clients will advertise on Amazon Prime Video, which will get an ad tier in 2024 in nine countries  —  The advertising holding company will add Prime Video to its client's media buying strategies.  —  With Amazon about to turbocharge …
Discussion: Variety, MediaPost, Adweek and Ad Age
RELATED:
Todd Spangler / Variety:
Amazon and Premier Boxing Champions sign a multiyear US rights deal to distribute pay-per-view boxing on Prime Video, as Paramount shuts down Showtime Sports
Brian Steinberg / Variety:
Disney is mulling launching shopping and gaming experiences on Disney+, with which advertisers could get involved, hinting at an ad presentation on January 10  —  Advertisers have eyed the Disney+ streaming hub as a place where they might tuck a promotional message alongside the binge-watch …
Discussion: The Streamable and MediaPost
Todd Spangler / Variety:
Memo: Vice Media Group co-CEO Hozefa Lokhandwala plans to step down to start “a new endeavor”, leaving Bruce Dixon as the sole CEO; Lokhandwala joined in 2018  —  Hozefa Lokhandwala will step down as co-CEO of Vice Media Group to start “a new endeavor,” he said in a memo to staff Thursday.
CNN:
CNN plans to host two Republican presidential primary debates, set for January 10 in Iowa and for January 21 in New Hampshire; CNN Max will stream both debates  —  CNN will host two Republican presidential primary debates next month in Iowa and New Hampshire - states that hold the first contests …
Bron Maher / Press Gazette:
UK magazine publisher Future reports FY 2023 revenue down 4% YoY to £788.9M, and plans to hire 150 editorial staff over the next two years; FUTR drops 16%+  —  The company's share price sank 20% after disappointing 2023 results.  —  Magazine publishing giant Future plc has announced …
Todd Spangler / Variety:
Spotify says CFO Paul Vogel plans to leave on March 31, 2024, and launches a search for a successor; Daniel Ek wants a CFO “with a different mix of experiences”  —  Spotify said chief financial officer Paul Vogel will leave the company next year and that it has launched a search to find a replacement.
Katie Robertson / New York Times:
About 700 Washington Post employees go on a 24-hour strike, protesting stalled union contract negotiations and expected layoffs, the first walkout since 1975-76  —  The 24-hour strike is the first walkout at The Post since the 1970s, union leaders said.  —  About 700 Washington Post employees …
 
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 More News: 
Lucas Shaw / Bloomberg:
Sources: Candle Media, the owner of CoComelon, asks lenders to restructure some of its debt; Candle's 2023 earnings are expected to fall ~50% shy of forecasts
 Earlier Picks: 
Front Office Sports:
Sources: two executives at Sports Illustrated publisher Arena Group are out, after issues with AI-generated articles by fake authors; CEO Ross Levinsohn remains
 

 
From Techmeme:

Stephanie Palazzolo / The Information:
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits

Noah Smith / Noahpinion:
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry

Shubham Sharma / VentureBeat:
DeepSeek releases DeepSeek-V3, an open-source MoE model of 671B total parameters, with 37B activated per token, claiming it outperforms top models like GPT-4o

 
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