Top News:
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, @nygovcuomo, Associated Press, Mediaite, New York Times, NPR, @andrewyang, The Wrap, @davidshepardson, @vanlathan, @bykellycohen and @marygeorgant
Ken Doctor / Nieman Lab:
COVID-19 has gravely accelerated the need for newsrooms to confront issues like need for talent, appropriate staff size, and cutting print days, among others — As local newspapers' businesses hit the skids, they're finding themselves careening right now into a future they'd thought was still several years away.
Discussion:
@jbenton, @brynstole, @ckrewson, @brettdl, @jbenton, @sulliview, Tampa Bay Times and New York Times
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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.
Discussion:
The Idea, @sulliview, United Media Guild, @itsren, @jsodonoghue, @mariealbiges, @cgrueskin, @_ryan_blake, @amyrsisk, @readdanwrite, @kevinmdraper and TheStreet
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
Discussion:
Poynter, American Press Institute, MediaPost, Poynter, @joesmithtb, @stevesebelius, @anthonyclose, Vanity Fair, @ashleycdye, @gabriellecalise, @marbinmiller, @langstonitaylor, @newsbysmiley, @markkatches, @sammy_roth, @scontorno, @jbenton, Tampa Bay Times, @jbenton, @kathrynvarn, @stevebousquet, @rickedmonds, @clairemcneill, @dohamadani, @langstonitaylor, @rontimes, @craigtimes, @mcastimovies, Florida Politics, Poynter and @wpjenna
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
Discussion:
@gregholmannl, Poynter, @thesarahkelly, @aaron_leib, @slooterman, @davidgilbertccm, @sstirling, @jbenton, @newsguild, @jbenton, @rachelwalexande, @rachelacrosby, @aprilehrlich, @ryanchittum, The Hill, @markferenchik, @brianduggan, @jemelehill, @gerryconway, @pkafka, @emdrums, @reporterdavidj, @dicktofel, @thrasherxy, @reporteramber, @lpolgreen, @brynstole, @craftypanda, @rickedmonds, @maxwelltani, @tednesi, @maxwelltani, Awful Announcing, The Wrap, New Jersey Globe and Florida Politics
Jim Waterson / The Guardian:
BBC says the license fee could eventually be replaced by a monthly tax on broadband connections in response to proposals to decriminalize nonpayment of the fee — Corporation responds to government plan to decriminalise non-payment of licence fee — The BBC has said the television licence fee …
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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:
@jeffjarvis, @michellemanafy, @substackinc, TechCrunch and @delia_cai
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:
@sivavaid, @ghs, @jmaxlevin, @rebeccadrobbins, @ona, @davemcclure, @acsifferlin, @levfacher, @pathtweets, @marcatracy and @jessbidgood
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
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:
Poynter, @sulemaan, @robshaw_vansun, @akurjata and @rosajsaba
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 — Updated at 3:48 p.m. PT: Fox has issued a plan to raise $1.2 billion through the sale of senior notes.
Discussion:
Hollywood Reporter, Variety, Multichannel News and Broadcasting & Cable
John Ourand / Sports Business Daily:
Sources: DAZN is telling sports leagues it won't pay rights fees for any suspended games, will defer payments for future seasons; some staff to be furloughed — DAZN has started telling sports leagues that it will not pay rights fees for any games that have been suspended or content …
Discussion:
Awful Announcing and The Streamable
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 »
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, IAB, Broadcasting & Cable and MediaPost
Samantha Conti / WWD:
Conde Nast Britain to offer free digital access to May issues of its magazines; Conde Nast Italy offering free access to its magazines for the next three months — Rihanna, wearing a durag designed by Stephen Jones Millinery, fronts the May edition of British Vogue.
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