Top News:
Marc Tracy / New York Times:
Facebook says it will invest $100M to support the news industry during COVID-19: $25M in emergency funding for local news and $75M in additional marketing spend — With grants and marketing spending, the social media giant hopes to support outlets doing essential local reporting but struggling with a drop in advertising.
Discussion:
Facebook, Mark Zuckerberg, USA Today, The Verge, Adweek, @alexhern, @mikeisaac, @edmundlee, Wall Street Journal, Breitbart, CNN, TechCrunch, Reuters, @campbell_brown, Axios, @mohamedomar, VentureBeat, @seldo, Variety, Engadget, @sofus_d, @juddlegum, Reuters, @mosseri, @peretti, @marcatracy, @gavmorris, BuzzFeed News, @jbenton, Axios, @brianstelter, Fast Company, @raju and The Wrap, more at Techmeme »
James Poniewozik / New York Times:
Trump has turned his coronavirus briefings into create-your-own-reality TV with the structure, intrigue, drama, rhythm, and characters of a weekly reality show — The coronavirus briefings have given Donald Trump a regularly scheduled reality show again — or, rather, a create-your-own-reality show.
Discussion:
@realdonaldtrump, @poniewozik, @jayrosen_nyu, @froomkin, @jaketapper, The Atlantic, @brianstelter, @ericschultz, @maggienyt, @kimmasters, @oliverdarcy, @pkafka, Reason, Slate, Politico, Vox, Rolling Stone, The Independent and Mediaite
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Maxwell Tani / The Daily Beast:
Sources: on an internal call, Jeff Zucker defended airing Trump briefings live, arguing that viewers need to hear Trump answer tough questions from journalists — Zucker said on an internal staff call that he has “probably spent more time on this topic than anything else,” …
Discussion:
MediaFile, @levinejonathan, @parkermolloy, @esaagar, @daviddtss, @soledadobrien, @robbysoave, @rolandsmartin, @jayrosen_nyu, @maxwelltani and Variety
Maxwell Tani / The Daily Beast:
Gannett CEO announces furloughs and pay cuts across the company, says other execs will take a 25% pay cut and he won't take a salary until the cuts are reversed — The mass-media company, which owns many large newspapers including USA Today, announced Monday that the coronavirus downturn has forced the company to make deep cuts.
Discussion:
@gregholmannl, Poynter, The Hill, The Wrap, @markferenchik, @brianduggan, @jemelehill, @gerryconway, @pkafka, @emdrums, The Daily Beast, @reporterdavidj, @dicktofel, @lpolgreen, @thrasherxy, @brynstole, @thesarahkelly, New Jersey Globe, @maxwelltani, @craftypanda, @tednesi, Florida Politics, @reporteramber, @rickedmonds and @maxwelltani
Ben Smith / New York Times:
It's time for a painful shift that means abandoning most for-profit local papers with poor business models for a national network of nimble new online newsrooms — The coronavirus is likely to hasten the end of advertising-driven media, our columnist writes. And government should not rescue it.
Discussion:
Slate, Columbia Journalism Review, Poynter, @rasmus_kleis, @sulliview, @cfelsenthal, @dkahanerules, @sammy_roth, @elilake, @nytimes, @amyalex63, @dangillmor, @scmitchp, @kimbui, @tonyromm, @journalismproj, @vwpickard, The Wrap, @nytimesbusiness, @mattlargey, @elizwgreen, @wyeates and @pdbeth
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Tampa Bay Times:
The Tampa Bay Times to temporarily cut print editions to Sunday and Wednesday, says digital subscription gains are not enough to make up for advertising losses — Chairman and CEO Paul Tash says “extraordinary times call for extraordinary measures.” — The Tampa Bay Times …
Discussion:
Poynter, Vanity Fair, Tampa Bay Times, Poynter, @markkatches, @langstonitaylor, @clairemcneill, @jbenton, @stevebousquet, @sammy_roth, @kathrynvarn, @dohamadani, Florida Politics, @langstonitaylor, @rontimes, @scontorno, @newsbysmiley, @marbinmiller, @craigtimes, @mcastimovies, @gabriellecalise, @jbenton and @rickedmonds
The Guardian:
Hungary passes a draconian coronavirus law that allows PM Orbán to rule by decree and includes jail terms of up to five years for spreading “misinformation” — Fears over coronavirus legislation that gives no time limit for state of emergency
Discussion:
@balazscseko, @michaeldweiss, @davidfrum, Yahoo News and The Week
Ryan Parker / Hollywood Reporter:
Disney says senior executives will take temporary pay cuts with Bob Iger forgoing his entire salary and recently named CEO Bob Chapek taking a 50% pay cut — CEO Bob Chapek will take a 50 percent pay cut. — The Walt Disney Co. said on Monday that executive chairman Robert Iger will forgo …
Discussion:
The Hill, /Film, @brooksbarnesnyt, @johngary, The Wrap, The Playlist, @bevysmith, @theryanparker and @readdanwrite
New York Times:
Sources: Facebook's security team had disinfo concerns about The Daily Wire's sites in 2019, clashing with the policy team, which prevented action being taken — After spending billions to avoid a repeat of 2016, the tech giants are careening from crisis to crisis as their foes change tactics.
Discussion:
@rasmus_kleis, @rmac18, @jason_kint, Business Insider, @karaswisher, @donmoyn, @karlbode, @alexstamos, @kevinroose, @nytimes, @nytnational, @micahzenko, @brooklynmarie and @tomfitton, more at Techmeme »
Megan Graham / CNBC:
Premium publishers like CNBC and NYT, seeing cutbacks in ad spending during COVID-19, ask ad tech companies to exempt them from coronavirus-related filters — - Online publications are seeing huge jumps in traffic, but many advertisers are blocked from appearing near content mentioning coronavirus.
Discussion:
@jason_kint, Beet.TV, @wexler, @kerrymflynn, @megancgraham, The Hill and Мы и …
Elahe Izadi / Washington Post:
Gallup survey of 1,020 US adults: just 44% approve of the news media's handling of the COVID-19 crisis, with 61% of Democrats approving vs. 25% of Republicans — The news media have the worst approval rating of all major American institutions grappling with covid-19 …
Discussion:
@elaheizadi, @zeitchikwapo, @elaheizadi and The Week
Lloyd Grove / The Daily Beast:
Sources: in a memo, David Pecker told staff that AMI is cutting the payroll of National Enquirer and at least nine other publications by 23% starting April 1 — David Pecker sent a memo to staff on Saturday, claiming coronavirus was the reason for slashing their pay by 23 percent.
Discussion:
@thedailybeast, The Daily Beast and @padresj
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