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8:50 AM ET, December 22, 2023

Mediagazer

 Top News: 
Reuters:
Some analysts say a WBD and Paramount merger would likely leave the companies “worse off”: billions deeper in debt and saddled with dying traditional TV assets  —  Warner Bros Discovery (WBD.O) and Paramount Global (PARA.O) are likely to be “worse off” together as a merger …
RELATED:
Arlene Getz / Committee to Protect Journalists:
At least 68 journalists have been killed in the first 10 weeks of the Israel-Hamas war, more than have ever been killed in a single country over an entire year  —  More journalists have been killed in the first 10 weeks of the Israel-Gaza war than have ever been killed in a single country over an entire year, according to CPJ data.
Etan Vlessing / The Hollywood Reporter:
Lionsgate unveils a deal to spin off its studio business, comprising its TV and movie divisions and an 18K-title library, in a SPAC deal worth $4.6B  —  The Hollywood giant has tied up with a blank check company to create a separately traded public company and eventually separate its studio businesss from Starz.
Discussion: Variety, Bloomberg and Deadline
Lauren Leffer / Scientific American:
In five experiments, encouraging people to use search engines to evaluate the veracity of fake news posts increased the likelihood of them being rated as true  —  Data voids in search results can lead down rabbit holes that bolster belief in fake news  —  Politics
Discussion: Nature
Ashley Joannou / Canadian Press:
Local News Research Project: 36 local news outlets closed in Canada from January 1 to December 1, 2023; 29 were community papers, 7 were private radio stations  —  Online News Act: Canada caps how much private broadcasters will get from Google deal  —  Jessica Wallace stood in Ottawa's Rideau Hall …
BBC:
Investigation: The DC Weekly, a Russia-linked “news” site using AI-written posts and “reporters” with fake names and photos, fueled false claims about Zelenskyy  —  A website founded by a former US Marine who now lives in Russia has fuelled a rumour that Volodymyr Zelensky purchased …
Richard Lawler / The Verge:
Substack co-founder Hamish McKenzie doubles down on not moderating Nazi content, after 200+ authors criticize the company for “platforming and monetizing Nazis”  —  More than 200 Substack authors asked the platform to explain why it's “platforming and monetizing Nazis,” …
Winston Cho / The Hollywood Reporter:
A jury awards VFX company Rearden ~$600K after finding Disney knew it could be infringing on copyright by using MOVA Contour software on Beauty and the Beast  —  The $600,000 award signals that jurors didn't attribute much of the film's success to use of Rearden's MOVA Contour.
Discussion: Reuters and The Wrap
Robinhood Newsroom:
Robinhood's Sherwood Media acquires UK-based Chartr Limited, a “data-driven media company and newsletter publisher”, to complement Sherwood's Snacks newsletter  —  Sherwood Media, LLC has added U.K.-based Chartr Limited, a data-driven media company and newsletter publisher …
 
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 More News: 
Bron Maher / Press Gazette:
Slow news outlet Tortoise Media reports a £4.6M loss before taxes in 2022, up 45% YoY, revenue up 15% YoY to £6.24M, and 73 employees
Business Insider:
Ozy Media sues Ben Smith, Semafor, and BuzzFeed, alleging Smith used the failed BuzzFeed-Ozy merger to sabotage Ozy and steal its business model for Semafor
 Earlier Picks: 
Elsa Keslassy / Variety:
French TV network TF1 plans to debut AVOD TF1+ on January 8; the service will include Top Chrono, an AI tool that lets users watch sports games for any duration
Discussion: Broadband TV News
Ingrid Lunden / TechCrunch:
Copenhagen-based Podimo, a $5/month to $7/month podcast platform publishing ~350 shows weekly, raised €44M led by the EIFO, taking its total funding to €244M+
Emily Schmall / New York Times:
A look at Indian women journalists fighting to be heard, trying to overcome family resistance, harassment, and the Modi government's increasing legal threats