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3:35 AM ET, December 5, 2023


 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 …
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 the cancellation of Mehdi Hasan  —  The cancellation of Mehdi Hasan's show is the latest in a series of recent moves by MSNBC that are pushing the network …
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.
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.
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 …
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
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
Appetite for ad-free publisher subscriptions could be growing  —  Consumers say their distaste for advertising within publishers' subscription products is growing, suggesting appetites for ad-free experiences could be growing too.
Featured Newsletter
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
Charlotte Tobitt / Press Gazette:
 Latest News Finder: 
 Featured Newsletter: 
Appetite for ad-free publisher subscriptions could be growing  —  Consumers say their distaste for advertising within publishers' subscription products is growing, suggesting appetites for ad-free experiences could be growing too.
 Who's Hiring in Media? 
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 More News: 
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:

Lorenzo Franceschi-Bicchierai / TechCrunch:
23andMe says hackers stole the ancestry data of 6.9M of its 14M customers, via a breach first disclosed in October 2023, by leveraging access to ~14K accounts

Jason Koebler / 404 Media:
Asking ChatGPT to repeat words “forever” now violates OpenAI's terms of service, after Google researchers showed that doing so led it to reveal training data

Yoshiaki Nohara / Bloomberg:
Nvidia CEO Jensen Huang says the company plans to build a network of chip plants in Japan in partnership with the country's companies to meet AI chip demand

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