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9:05 AM ET, March 24, 2020

Mediagazer

 Top News: 
Craig Silverman / BuzzFeed News:
The coronavirus pandemic is shaping to be much worse for news media than the 2008 financial crisis, which saw a 19% decline in newspaper revenue in the US  —  The journalists at BuzzFeed News are proud to bring you trustworthy and relevant reporting about the coronavirus.
RELATED:
Peter Kovacs / The Advocate:
The Times-Picayune and The Advocate to temporarily furlough about a tenth of their 400-member workforce with the rest on four-day workweeks
New York Times:
Facebook internal report: US users are reading more COVID-19 content from “higher-quality” sources based on its ranking of top publishers adopted last year  —  More than half of all news consumption on Facebook in America is about the virus, according to an internal report.
Poynter:
Ariel Shapiro / Forbes:
Streaming services see signup spikes over the past week, boosted by free trials, with Disney+ up 300%+, HBO Now 90%, Showtime 78%, Netflix 47%, and Apple 10%  —  Topline: As Americans brace for spending weeks (or months) inside as the coronavirus pandemic spreads, they are subscribing …
Todd Spangler / Variety:
VidCon cancels its US edition, scheduled to run from June 17-20, due to the pandemic, and says it is looking to stage the event sometime in the fall  —  Bowing the inevitable, VidCon's flagship U.S. edition in June has been canceled because of the coronavirus crisis.
Brian Steinberg / Variety:
ABC, known for drama, is placing a heavier focus on news as broadcast networks see viewers of most-watched cable news anchors rise ~25% over past two weeks  —  ABC, best known for soapy programs like “Grey's Anatomy” and “Station 19,” has in recent days been more focused on the drama of real life.
Discussion: @bristei
Todd Spangler / Variety:
Twitter withdraws Q1 guidance due to COVID-19, says it expects Q1 revenue to be down YoY but the number of monetizable DAUs has hit 164M, up 8% QoQ and 23% YoY  —  Twitter said it expects to miss previous first quarter 2020 financial guidance because of the COVID-19 pandemic …
Andrew Chung / Reuters:
SCOTUS sends Byron Allen's $20B racial bias suit against Comcast back to lower courts, says Allen must prove that the contract was denied solely due to racism  —  (Reuters) - The U.S. Supreme Court on Monday threw out a lower court's ruling that had given the green light …
Discussion: Forbes and Bloomberg
Melynda Fuller / MediaPost:
Time is offering Time for Kids, normally only available in schools, to students, families, and teachers at home for free  —  Time is offering its child-focused spinoff Time for Kids to students, families and teachers at home for free amid the COVID-19 outbreak and school closures.
Todd Spangler / Variety:
Amazon opens up free streaming access to more than 40 children's shows, including its original series, to all customers worldwide with an Amazon account  —  With millions of kids cooped up at home, Amazon is opening up free streaming access to more than 40 children's shows — including its original series — to all customers worldwide.
 
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 More News: 
Cherie Hu / DJMag.com:
How Twitch is becoming an increasingly valuable way for independent electronic musicians to connect with their fans through live streaming recording sessions
Etan Vlessing / Hollywood Reporter:
Cineplex says it will temporarily lay off part-time employees during the pandemic; full-time employees to take steep pay cuts with top execs taking 80% pay cuts
 Earlier Picks: 
Hillel Italie / Associated Press:
Woody Allen's memoir was released by Arcade Publishing; Allen alleges Hachette vowed to publish it despite him “being a toxic pariah and menace to society”
Gilad Edelman / Wired:
A look at the growing movement to ban behavioral ad targeting, used by Facebook and others, and the implications: paywalls, a revived news media, and more
The New York Times Company:
The New York Times Company acquires Audm, the subscription-based audio app that offers listeners longform articles read by actors and celebrities