Top News:
Paul Farhi / Washington Post:
ABC suspends reporter David Wright after reviewing Project Veritas footage in which he criticized Trump coverage and ABC News' promotion of Disney content — ABC News suspended one of its veteran correspondents late Tuesday for unguarded remarks he made in a video by operatives of Project Veritas …
Discussion:
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Fadel Allassan / Axios:
Trump's re-election campaign filed a libel suit against NYT for publishing a Max Frankel opinion piece on Russian interference in the 2016 election — The lawsuit claims the Times falsely wrote the campaign had a quid pro quo with Russia.
Discussion:
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Tampa Bay Times:
Tampa Bay Times announces 10% pay cuts for all full-time staff, until June 5, with five executives getting 15% cuts for same period; more staff layoffs likely — A note from executives cites a tough start to the year. — Citing a tough start to the year financially …
New York Times:
Several high-profile Instagram accounts switch to private to avoid scrutiny when posting sponsored content for Bloomberg's campaign — The Bloomberg campaign is putting out more memes on private Instagram accounts — and running faster than Facebook can keep up.
Discussion:
The Guardian
Washington Post:
Five alleged members of Atomwaffen Division are arrested, charged with plotting to intimidate journalists and others via swatting and leaving fliers at homes — Federal officials on Wednesday arrested several alleged members of a white supremacist group called Atomwaffen Division …
Emily Gould / The Cut:
A writer recalls her time at Gawker in 2007, including Nick Denton's shaming of her online, and how public shaming and online mockery leave lasting marks — Red Sketchbook, 2019. Oil on canvas. 40 x 30 inches. Courtesy the artist and V1 Gallery, Copenhagen. Photo: Courtesy the artist and V1 Gallery, Copenhagen
Chris Willman / Variety:
RIAA: music streaming grew 13% YoY in 2019 to $11.1B, comprising 79% of music revenue, as digital downloads fell to 8% and paid subscriptions rose 25% to $6.8B — A study just released by the RIAA shows bad and worse news for sectors of the recorded music business like physical media sales …
Discussion:
Fast Company, RIAA, @joshpfried, @mpetricone, Concurrent Media, TechCrunch, AppleInsider and RAIN News
Alex Barker / Financial Times:
The upcoming third-party cookie ban in market-leading Chrome will mean changes in adtech, more site-specific direct user tracking, and more power for Google — Complex, unloved and often over-intrusive: few are mourning the demise of the third-party cookie — cross-website trackers that Apple …
The Walt Disney Co.:
Bob Chapek has been named CEO of The Walt Disney Company, effective immediately; Bob Iger will serve as executive chairman through 2021 — 1 BOB CHAPEK NAMED CHIEF EXECUTIVE OFFICER OF THE WALT DISNEY COMPANY Robert A. Iger Assumes Role of Executive Chairman through 2021 Mr. Iger Will Direct …
Discussion:
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Peter Kafka / Vox:
Bob Iger's timing as he steps down is a head scratcher, but Disney is telling Wall Street and consumers that they shouldn't expect anything to change soon
Discussion:
Observer, New York Times, The Wrap, CNBC, New York Times, @petersciretta, Wall Street Journal, @benmullin, The Verge, Fortune, ABC17NEWS, Los Angeles Magazine, The Wrap, The Streamable, @felixsalmon, @brooksbarnesnyt, @koblin, @thekeits, @jimmiller, @kevinmdraper, @cnbc, @cnbc, @cnbc, @cnbc, @cnbc, @lucas_shaw, @reckless, @pkafka, @pkafka, Ad Age, 5ish from M.G. Siegler, CNBC and Bloomberg
Sarah Perez / TechCrunch:
Vimeo launches Vimeo Create, an app offered as part of its membership plans with social video creation tools for small businesses and marketers — Vimeo signaled last year its plans to move further into the social video creation and editing space with its acquisition of short-form video editor Magisto.
Discussion:
Social Media Today, VentureBeat and Vimeo Blog
Sara Fischer / Axios:
Minute Media, which owns The Players' Tribune and The Big Lead, raises $40M for a total of $160M, sources say at a $500M valuation — Minute Media is hoping to expand its business by selling publishing software as a service.
Discussion:
Adweek, Awful Announcing, Variety, @claytravis and TechCrunch
Tim Peterson / Digiday:
Since moving its content team to Amazon Studios, sources say IMDb TV has been in talks to produce original scripted and unscripted shows — This article is part of the Digiday Video Briefing, which features must-reads, confessionals and key market stats. To receive the Digiday Video Briefing, please subscribe.
Makena Kelly / The Verge:
Twitch suspended some popular channels offering debate commentary after copyright claims by Praxis Political, then reinstated them after finding claims false — ‘I refuse to be silenced,’ one streamer says — On February 25th, CBS News hosted the last Democratic presidential debate ahead …
Discussion:
The Daily Dot, @slasher, @rogerquiles, @slasher, @kellymakena, @kellymakena and Newsweek
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