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4:20 PM ET, December 7, 2023

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 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 …
Jake Kanter / Deadline:
BBC insiders and others raise concerns about the new TV license fee deal with a £90M funding gap, saying it threatens BBC independence and sets a bad precedent  —  EXCLUSIVE: BBC insiders have voiced alarm over a funding deal that has blown a £90M ($113M) hole in the UK broadcaster's finances …
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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 shortfall  —  The current BBC licence fee of £159 will increase by £10.50 - a rise of 6.6% - the government has announced.
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.
Brian Steinberg / Variety:
Disney is considering the launch of shopping and gaming experiences on Disney+, with which advertisers could get involved  —  Advertisers have eyed the Disney+ streaming hub as a place where they might tuck a promotional message alongside the binge-watch of a Marvel series, or, potentially “Phineas & Ferb.”
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 introduce an ad tier in 2024  —  The advertising holding company will add Prime Video to its client's media buying strategies.  —  With Amazon about to turbocharge …
Discussion: MediaPost, Variety, Adweek and Ad Age
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Todd Spangler / Variety:
Amazon Prime Video and Premier Boxing Champions sign a US rights deal to distribute pay-per-view boxing, as Paramount is shutting down Showtime Sports in 2023  —  Launched in 2015, PBC features over 150 active fighters across various weight divisions, including top contenders and current world champions.
Todd Spangler / Variety:
Memo: Vice Media co-CEO Hozefa Lokhandwala is stepping down to start a “new endeavor”, leaving Bruce Dixon as sole CEO  —  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.
Katie Robertson / New York Times:
About 700 Washington Post employees go on a 24-hour strike, protesting stalled union negotiations and expected layoffs, the first walkout since the 1970s  —  The 24-hour strike is the first walkout at The Post since the 1970s, union leaders said.  —  About 700 Washington Post employees walked off …
CNN:
CNN plans to host two Republican presidential primary debates next month in Iowa and New Hampshire; both debates will stream on CNN Max  —  CNN will host two Republican presidential primary debates next month in Iowa and New Hampshire - states that hold the first contests in the race …
 
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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
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
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