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1:10 PM ET, April 1, 2020

Mediagazer

 Top News: 
Charlotte Tobitt / Press Gazette:
JPI Media to put 350 employees on furlough with those remaining at work getting a temporary pay cut of up to 15% for three months from April to June  —  JPI Media, owner of the Yorkshire Post and Scotsman titles, is putting 350 employees on furlough and cutting the salaries of those who continue working by up to 15 per cent.
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Freddy Mayhew / Press Gazette:
City AM furloughs most of staff, suspends the digital replica of its newspaper, will keep publishing on CityAM.com; staffers that remain will get 80% of salary  —  A majority of City AM staff will be put on furlough (paid leave) and the digital edition suspended in the latest measures …
Mark Sweney / The Guardian:
UK newspaper publishers call on advertisers to rethink the addition of coronavirus-related words to ad blacklists, as they face a digital revenue loss of £50M
Sara Fischer / Axios:
McClatchy says it will put its paywall back up around some coronavirus news to balance its duty to keep people informed with its need to increase subscriptions  —  McClatchy will put its paywall back up around some coronavirus news as it aims to balance its duty keep people informed with its need …
Kara Swisher / New York Times:
How Kara Swisher's mom, a Fox News fan, believed the network's misinformation about COVID-19, and how she eventually listened to others as the pandemic worsened  —  The network spent too long spraying its viewers with false information about the coronavirus pandemic.
Cynthia Littleton / Variety:
Former Hulu chief Jason Kilar is named CEO of WarnerMedia, giving him oversight of Warner Bros., HBO, the Turner cable assets, and HBO Max  —  Former Hulu chief Jason Kilar has been named CEO of WarnerMedia.  —  Kilar succeeds John Stankey, who was upped earlier this year to AT&T president and chief operating officer.
Alex Sherman / CNBC:
Comcast CEO Brian Roberts says the company has set aside $500M for pay and benefits of employees whose jobs have been affected by the coronavirus pandemic  —  - Comcast CEO Brian Roberts announced he has set aside $500 million for employees whose jobs have been affected by the coronavirus.
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.
Jessica Toonkel / The Information:
Sources: Amazon, Walmart suspend commerce marketing deals with digital media such as BuzzFeed and Vox Media; ~20% of BuzzFeed 2019 revenue came from such deals  —  Publishers are bracing for a pullback in advertising amid the Covid-19 pandemic.  And one big shoe has already dropped …
Keith J. Kelly / New York Post:
Advance, owner of Conde Nast, to buy The Ironman sports group for $730M  —  The family behind storied magazines like The New Yorker and Vogue has agreed to buy The Ironman sports group, known for its intense races.  —  As part of its diversification effort away from ad-supported media …
Discussion: PR Newswire and Bloomberg
Amanda Meade / The Guardian:
News Corp says it will suspend printing 60 community newspapers across Australia starting next week due to ad revenue declines amid the coronavirus pandemic  —  Manly Daily, Wentworth Courier, Brisbane News and Mornington Peninsula Leader among titles to move online amid coronavirus fallout
Committee to Protect Journalists:
CPJ expresses concern over reports that Iran banned printing and distribution of newspapers; Yemen, Oman, Jordan, and Morocco have imposed similar bans  —  Washington, D.C., March 31, 2020 — The Committee to Protect Journalists today expressed concern over Iranian authorities' decision …
Rick Edmonds / Poynter:
Rebutting Ben Smith's idea of abandoning local papers in favor of mostly nonprofit and all-digital newsrooms: supporting local journalism needs multiple tactics  —  I get that your new job for The New York Times is to offer provocative takes on the media.  Seven columns in, you are doing just fine with that.
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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 More News: 
Yogita Khatri / The Block:
Sources: crypto exchange Binance is in the final stages of talks to acquire crypto data aggregator CoinMarketCap for as much as $400M
Cynthia Littleton / Variety:
Comcast and Fox Corp. agree a broad new carriage deal covering all of Fox's cable channels, including Fox News, and its local TV stations
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
 Earlier Picks: 
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
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

 
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