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12:30 PM ET, March 11, 2020

Mediagazer

 Top News: 
Brian Steinberg / Variety:
AT&T's Xandr says AMC Networks, WarnerMedia, and Disney joined Xandr Invest, its self-serve ad-buying platform, which will be available for 2020 “upfronts”  —  Battle lines are being drawn in the ongoing quest to lure advertisers to new kinds of TV commercials.
Joshua Benton / Nieman Lab:
While ad and event revenue declines due to COVID-19 may wound the news industry, choices by hedge funds and private equity in a recession could be catastrophic  —  Declines in ad revenue and all those canceled events might prove manageable.  But the real risk would come with a virus-inspired recession …
Andrew Beaujon / Washingtonian:
In a memo to staff, WaPo is encouraging all of its employees to work from home until the end of the month, in response to the COVID-19 outbreak  —  The arrangement is in response to the coronavirus crisis.  —  The Washington Post has sent a memo to all its employees encouraging them to work …
Doug Haddix / IRE:
An attendee of IRE's NICAR conference in New Orleans has tested presumptively positive for COVID-19, has mild symptoms, and is self-quarantining for 14 days  —  UPDATES:  — NICAR20 attendee tests presumptively positive for coronavirus  — FAQ  —  NICAR20 attendee tests presumptively positive for coronavirus
Zach Montellaro / Politico:
Due to COVID-19, Sunday's debate between Joe Biden and Bernie Sanders will be held without an in-person audience, and CNN won't host a press center or spin room  —  The debate will still be held, though there won't be a “spin room” or filing center for the press.
Sara Fischer / Axios:
Recount Media, the short-form political video startup founded by journalists John Battelle and John Heilemann, raises $13M Series A  —  Recount Media, a short-form political video startup created by veteran journalists John Battelle and John Heilemann, has raised $13 million its Series A funding round, executives tell Axios.
Discussion: @fredwilson and @sarafischer
Max Boot / Washington Post:
Never has conservative media's contempt for facts and science been more dangerous, as Fox News puts lives at risk by minimizing the danger from coronavirus  —  President Trump has been widely and correctly excoriated for the way he is dealing with the novel coronavirus.  By minimizing the danger, he heightens it.
Christopher Vourlias / Variety:
Purely Capital, which wants to automate, streamline, and standardize the process of financing film and TV production, launches with $150M in funding  —  Purely Capital, which is headed by Wayne Marc Godfrey, announced Wednesday the launch of their entertainment FinTech receivables platform backed …
 
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 More News: 
BBC:
UK says it will abolish its 20% tax on online newspapers, magazines, and journals along with e-books on December 1
Todd Spangler / Variety:
YouTube cancels its annual Brandcast marketing presentation scheduled for April 30 in NYC, citing COVID-19 concerns, and will instead stream the event online
Shayna Jacobs / Washington Post:
Harvey Weinstein is sentenced to 23 years in prison for sexually assaulting two women
 Earlier Picks: 
Tom Kludt / Vanity Fair:
Coverage by pro-Sanders media, like Chapo Trap House, of Biden's fitness for office reveals both its reach and its limitations in shaping a broader media story
Sara Fischer / Axios:
Vox Media launches Concert Local, a local ad network pooling local news sites' ad inventories and funded, source says, by $1M+ from the Google News Initiative
Hollywood Reporter:
Filing: Quibi asks CA court to end harassment from interactive media company Eko, which claims IP theft and says Quibi's “Turnstyle” feature infringes on its IP