Mediagazer: Spotify for Kids launches in the US, Canada, and France on the $14.99/month Spotify Premium Family tier with 8,000 songs, of which 50% is localized (Todd Spangler/Variety)

Brian Stelter / CNN:

CNN's Chris Cuomo has been diagnosed with COVID-19, but he says he is feeling well and will continue anchoring his show from his home — New York (CNN Business)CNN anchor Chris Cuomo has been diagnosed with Covid-19, the network said in a memo to employees on Tuesday.

Discussion: @chriscuomo, The Hill, Washington Post, TVNewser, Variety, The Wrap, @marygeorgant and @bykellycohen

Maxwell Tani / The Daily Beast:

Vice will no longer match 401k contributions, freezes promotions through July, cuts salaries for top staff including the CEO, and will furlough some top execs — STAY AFLOAT — Vice Media will cut salaries for top staff and halt retirement benefit-matching following the economic downturn spurred by the coronavirus pandemic.

Discussion: Digiday, Business Insider and @maxwelltani

Kristen Hare / Poynter:

Lee Enterprises implements pay reductions and furloughs equivalent to two weeks' salary in the third quarter, while the executive team will take a 20% pay cut — The company joins other media orgs hit hard by the coronavirus pandemic — Lee Enterprises joined the list of news organizations hit hard by the coronavirus on Tuesday.

TheStreet:
Maven anticipates revenue to drop by $30M in 2020 and will lay off some staff, with Sports Illustrated journalists representing 6% of the overall cost reduction

Discussion: Washington Post, @mavencoalition, @jaseidler, @readdanwrite, @benjstrauss, @baileycarlin, @kevinmdraper, @kerrymflynn and @pkafka

Daniel Bernhard / Toronto Star:

Canadian media, starved of ad revenues for years, is on the brink of mass extinction due to the pandemic; CBC cancelled all local TV news broadcasts last week — By some industry estimates, many of our major media outlets will fail within weeks. Starved of advertising revenues for years …

Discussion: @robshaw_vansun, @akurjata, @sulemaan and @rosajsaba

Joshua Benton / Nieman Lab:

Free alt-weekly Chicago Reader lost 90% of its ad revenue and is turning to ideas like a fundraising colouring book and a souvenir issue to fill the funding gap — Considering the regimentation of pre-digital publishing — repeating the same workflows day after day, week after week — journalists are very adaptable animals.

Discussion: @mdoukmas, @briannawellen and @niemanlab

Chris Best / Substack Blog:

Substack donates $100K in grants to writers struggling due to pandemic, drops its cut of subscription revenue for pubs donating earnings to COVID-19 causes — We started Substack because we believe that what you read matters and good writing is valuable. We believe that writers, bloggers …

Discussion: TechCrunch

Todd Spangler / Variety:

Spotify for Kids launches in the US, Canada, and France on the $14.99/month Spotify Premium Family tier with 8,000 songs, of which 50% is localized — Spotify is giving more housebound parents — and their cooped-up kids — a new tool to cope with the COVID-19 pandemic.

Discussion: Spotify, TechCrunch and The Verge, more at Techmeme »

Marc Tracy / New York Times:

Profile of STAT, a science and medical news site that was early to cover COVID-19 and has attracted ~30M unique visitors this year, 4x to 5x its usual traffic — Stat, started in 2015 by the Red Sox owner John Henry, is drawing four to five times its normal audience. “We were built for this,” one of its editors said.

Discussion: @marcatracy, @davemcclure and @pathtweets

Variety:

Memo: iHeartMedia CEO Bob Pittman waives salary, other execs take pay cuts, as an unknown number of staff receive 90-day furloughs without pay due to pandemic — iHeartMedia has joined the growing list of companies implementing sizable pay cuts for senior executives amid the upheaval caused by the coronavirus crisis.

Discussion: RAMP

Jason Lynch / Adweek:

IAB postpones its now-virtual Digital Content NewFronts by two months to the week of June 22 — Annual event moves from late April to week of June 22 — Key insights: — Buyers are increasingly skeptical that upfront talks can take place in the traditional timeframe.

Discussion: Variety, Broadcasting & Cable, MediaPost and IAB

Tony Maglio / The Wrap:

Fox withdraws financial guidance, citing delayed productions and sports cancellations and postponements, and says it plans to amend agreements with lenders — Fox is the latest major media corporation to walk back its prior financial guidance due to the impact of the continuing coronavirus pandemic.

Discussion: Multichannel News, Broadcasting & Cable, Variety and Hollywood Reporter

David Chavern / News Media Alliance:

News Media Alliance and America's Newspapers CEOs send an open letter to Trump, McConnell, and Pelosi about need for federal gov't help in sustaining local news — President and CEO of the News Media Alliance, David Chavern, and CEO of America's Newspapers, Dean Ridings …

Discussion: @sarafischer

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: @realdonaldtrump, @jayrosen_nyu, @poniewozik, @klr_editor, @froomkin, @ericschultz, @kimmasters, @brianstelter, @oliverdarcy, @maggienyt, @pkafka, @jaketapper, Press Watch, Vanity Fair, Reason and New York Times