Top News:
John Ourand / Sports Business Daily:
ESPN confirms it is asking about 100 commentators to take a temporary pay cut; sources: ESPN is asking talent to take a 15% pay cut over the next three months — ESPN has asked its 100 most highly paid commentators to take voluntary 15% pay cuts over the next three months …
Alex Sherman / CNBC:
Sources: Vox Media to announce furloughs of ~100 employees this week, with possible pay cuts for highest earners and other cuts including freelancers, vendors — - Vox is discussing furloughing about 100 employees as it seeks to cut costs amid coronavirus quarantines.
Discussion:
The Wrap, @sdkstl, @sherman4949 and @freeblackgirl
Lauren Feiner / CNBC:
Meg Whitman says Quibi had 1.7M downloads in its first week and is accelerating plans to let the app cast to TVs due to the lockdown — - New mobile streaming service Quibi saw 1.7 million downloads in its first week, CEO Meg Whitman said on CNBC's “Squawk on the Street” Monday.
Discussion:
Apptopia Blog, Multichannel News, The Verge, @stevekovach, @jbenton, @stevekovach, Light Reading, MediaPost, Forbes, Vanity Fair, Adweek, Variety, The Streamable and La Wikly, more at Techmeme »
Ben Smith / New York Times:
Interview with NYT's Dean Baquet on why the paper waited weeks to cover a sexual assault allegation against Biden and edited the article to appease his campaign — Dean Baquet, the executive editor of The New York Times, said the article was published when there was enough reporting …
Discussion:
@ryangrim, @benyt, @louisemensch, @justinryoung, @moorehn, Vanity Fair, @alexsalvinews, @krystalball, @ggreenwald, Slate, @moorehn, @heminator, @byronyork, @evanmcmurry, @sulliview, @briebriejoy, @jackshafer, The Bread Line, The Week, New York Post and Breitbart
Cristiano Lima / Politico:
Reddit's new transparency hub discloses the identities of its political advertisers since Jan. 2019, how they target users, and amount spent on each campaign — Reddit will begin publicly disclosing its political advertisers and how much money they shell out in a new transparency hub …
Discussion:
TechCrunch, The Verge, @viacristiano and reddit
Ayush Tiwari / Newslaundry:
Amid lockdown in India, The Quint furloughed about 45 staff, Times of India laid off some employees, and national dailies like Indian Express announced pay cuts — The Quint employees speak of an uncertain future, a Life staffer described the decision as ‘inhuman’.
Discussion:
Free Press Journal, @rita_banerji, @seemi_pasha, @eramagha, @karnikakohli, @sighyush, @quilledwords and @mnshap
Alex Weprin / Hollywood Reporter:
Filing: Disney signs a one-year $5B revolving credit agreement with Citibank; the company now has access to $13B+ following similar credit agreements last month — The company now has access to more than $13 billion in credit, should it be needed. — The Walt Disney Co. is bolstering …
Discussion:
Seeking Alpha, Deadline, Variety and Variety
William J. Broad / New York Times:
Investigation finds a decade-long health disinformation campaign by Russia, using social media and news outlets like RT, to sow confusion and hurt institutions — A decade of health disinformation promoted by President Vladimir Putin of Russia has sown wide confusion, hurt major institutions …
Discussion:
Breitbart and Boing Boing, more at Techmeme »
Bloomberg:
YouTube says viewership of videos classified as “news” has increased 75% YoY in the recent weeks — - Executive Mohan says Google unit ‘vigilant’ on misinformation — Video hub pulls #filmyourhospital clips claiming virus is hoax — News viewership on YouTube soared 75% …
Discussion:
@retailprophet
Erik Wemple / Washington Post:
Photographers, confined to seven spots in the WH briefing room due to social distancing, get creative in capturing historic moments during COVID-19 briefings — It took just seconds for the director of the Centers for Disease Control and Prevention to undo two hours of work by New York Times photographer Doug Mills.
Mike Brest / Washington Examiner:
The White House Correspondents' Association says it has rescheduled its annual dinner for August 29 “after consulting with public health and medical officials” — The White House Correspondents' Association has rescheduled its annual dinner for the fall after its spring date …
Discussion:
@mmcauliff, @yashar, @13abc, @erikwemple, @oliverdarcy and @secretsbedard
New York Times:
Condé Nast announces pay cuts of 10%-20% for those earning over $100K and expects “some role eliminations” as it seeks government assistance in the UK and EU — The glossy magazine publisher says it is experiencing “significant financial pressure” and imposing cost-saving measures across the globe.
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