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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.
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Facebook, Mark Zuckerberg, USA Today, The Verge, Adweek, CNN, TechCrunch, The Wrap, Breitbart, @mikeisaac, @edmundlee, @seldo, @jbenton, Wall Street Journal, VentureBeat, Reuters, @mosseri, @campbell_brown, Axios, @mohamedomar, Variety, Engadget, @sofus_d, @juddlegum, Reuters, @peretti, @marcatracy, @gavmorris, BuzzFeed News, Axios, @brianstelter, Fast Company and @raju, more at Techmeme »


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.


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.
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Columbia Journalism Review, Slate, @rasmus_kleis, @sulliview, @sammy_roth, @kimbui, @cfelsenthal, @dkahanerules, @elilake, @nytimes, @amyalex63, @dangillmor, @scmitchp, @tonyromm, @journalismproj, @vwpickard, The Wrap, @nytimesbusiness, @mattlargey, @elizwgreen, @wyeates, @pdbeth and @jbenton
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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.
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@realdonaldtrump, @poniewozik, @jayrosen_nyu, The Atlantic, @jaketapper, @ericschultz, @kimmasters, @brianstelter, @maggienyt, @oliverdarcy, @pkafka, Reason, Slate, Politico, Vox, Rolling Stone, The Independent and Mediaite


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 …
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Poynter, Tampa Bay Times, Poynter, @marbinmiller, @gabriellecalise, @langstonitaylor, @newsbysmiley, @markkatches, @sammy_roth, @scontorno, Florida Politics, @jbenton, @clairemcneill, @stevebousquet, @kathrynvarn, @dohamadani, @langstonitaylor, @rontimes, @craigtimes, @mcastimovies, @jbenton and @rickedmonds


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
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@balazscseko, @davidfrum, Yahoo News and The Week


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 …
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/Film, The Hill, The Wrap, @brooksbarnesnyt, The Playlist, @bevysmith, @readdanwrite and @theryanparker


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.
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@alexstamos, @karlbode, @jason_kint, @rmac18, Business Insider, @karaswisher, @donmoyn, @kevinroose, @nytimes, @nytnational, @micahzenko, @brooklynmarie and @tomfitton, more at Techmeme »


A Miami Herald reporter was barred from Florida governor's COVID-19 briefing on Saturday; a Herald editorial last week was critical of the governor's leadership — A reporter for the state capital bureau operated jointly by two of Florida's largest newspapers was denied access Saturday …
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@maryellenklas, Tampa Bay Times, Fox News, Media Nation, @evanasmith, Florida Politics, Tampa Bay Times, Poynter, @editorreece, @benmullin, @thelanabanana, @ac4congress2020, @jennifer__brett, @holderstephen, @exavierpope, @kagrox, @wpjenna, @scott_maxwell, @jayrosen_nyu, @mikevansickler, @audreycoopersf, @bubbaprog, @therickwilson, @davidfrum, @dmrevans, @peterbakernyt, @suzannenossel, @bgrueskin, @jbenton, @jeffreyguterman, @jkennedyreport and @miamiherald


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.
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@jason_kint, Beet.TV, @wexler, @kerrymflynn, @megancgraham, The Hill and Мы и …


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


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 …
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@elaheizadi, @zeitchikwapo, @elaheizadi, The Week and @ehananoki