Top News:
Matt Wilstein / The Daily Beast:
Fox Business “parted ways” with Trish Regan; the move comes after Regan's on-air dismissal in early March of COVID-19 concerns as an attempt to impeach Trump — The Fox Business host was officially let go on Friday more than two weeks after she ranted against the “coronavirus impeachment scam.”
Rick Edmonds / Poynter:
CEOs of News Media Alliance and the Local Media Association say they expect devastating revenue loss for members but say small publishers can still survive — ‘Our members have gone from a weak financial position to a horrible financial condition’ — Leaders of associations that represent …
Discussion:
@itsren, @altweeklies and @hollyanndoan
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Ken Doctor / Nieman Lab:
Even as the pandemic spurs newfound value in local news, boosting digital subscriptions, publishers are uncertain they can overcome the collapse in ad revenue — The coronavirus pandemic is proving the value of local news to millions of readers, driving up subscriptions. But the advertising collapse is knee-buckling.
Ken Doctor / Nieman Lab:
Under the CARES Act, outlets with under 1,000 staff can apply to a $300B fund, while bigger chains compete with retailers and others for money from a $454B fund — The multi-trillion-dollar CARES Act should extend a lifeline to many small local publishers.
Discussion:
@jaredrutecki, @kdoctor, @lucasgrindley, @niemanlab and @jbenton
Lily Hay Newman / Wired:
Google removes Infowars app from Play Store, citing misinformation, after a video posted in the app disputed the need for measures to contain the coronavirus — Apple kicked Alex Jones out of the App Store in 2018. The Google Play Store has finally followed suit.
Discussion:
Variety, Daily Mail, The Verge, @reflectingman, @lilyhnewman, Newsweek, @zackwhittaker, @oliverdarcy, Gizmodo, 9to5Google and Matt's Newsletter
Patrick Brzeski / Hollywood Reporter:
China shuts down all cinemas again, after reopening 600 of them over the past week, without providing an official explanation for the shut down — Over the past two weeks, movie theaters had begun to gradually reopen in the country. No reason was given for the abrupt reversal …
Discussion:
Deadline, Variety, @brianpshea, @irinatsukerman, @variety, @jeffdlowe, @alanmcole, @zeitchikwapo, @frankpallotta, Forbes, Business Insider, Vanity Fair, IndieWire and The Week
Kerry Flynn / CNN:
Digital media like BuzzFeed, Group Nine, and Vice were all expected to earn profits in 2020, but now executives warn staff of layoffs while publicly keeping mum — New York (CNN Business)2020 was supposed to be a banner year for digital media. BuzzFeed, Group Nine, and Vice each indicated …
Discussion:
@kerrymflynn, @kerrymflynn, @kerrymflynn, @aggancarski, @kerrymflynn and @nandoodles
National Geographic Society:
National Geographic Society launches a global fund for journalists covering COVID-19, with an emphasis on underserved groups and funding from $1,000-$8,000 — Please note: This call for proposals will be reviewed on a rolling basis. Applications may be submitted until further notice.
Discussion:
@penguinsix, @bradfordpearson, @opennews and @bradfordpearson
Ashley Carman / The Verge:
Facebook to add new features to make Live easier to use, including an audio-only mode, automatic closed captions, and letting logged-out users watch streams — Automatic closed captioning and an audio-only mode — COVID-19 and its resulting social distancing measures have inspired lots …
Mehdi Jedinia / Reuters:
Iran has ordered media to use only official statistics when covering COVID-19, told journalists to avoid investigative reporting, and harassed those who do — As coronavirus spreads in Iran, authorities have moved swiftly and aggressively to contain independent reporting about it by harassing …
Discussion:
@niemanlab, @jimfryvoa and @penamerica
Matt Donnelly / Variety:
Internal memo: WarnerMedia commits to $100M+ relief fund for its workers affected by production shutdowns across WarnerMedia; HBO Max on schedule for May launch — WarnerMedia will pledge $100 million in relief to workers affected by wide production shutdowns in film and television …
Discussion:
@loudmouthjulia, @mattdonnelly, Hollywood Reporter and The Wrap
Cynthia Littleton / Variety:
ViacomCBS withdraws 2020 financial guidance, says it has a $3.5B credit facility, and expects 16M US streaming pay subscribers and 30M Pluto MAUs by end of 2020 — ViacomCBS on Friday became the latest media giant to warn investors about the grave threat to its business operations posed …
Discussion:
Wall Street Journal, @lizrhoffman, @asharma, @benmullin, TheStreet, ViacomCBS Inc. and Digital TV Europe
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