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12:55 AM ET, April 15, 2020

Mediagazer

 Top News: 
Kali Hays / WWD:
Memo: LA Times is furloughing some non-union, business-side employees up to 16 weeks, and some editorial staff and managers will get pay cuts from 5% to 15%  —  A company executive told staff that the coronavirus has caused an “unprecedented” decline in revenue for the paper.
Kerry Flynn / CNN:
Memo: Valence Media lays off staff, cuts pay due to COVID-19 and as part of revamping at Hollywood Reporter, Billboard, Vibe; source: media unit lost 100+ jobs  —  New York (CNN Business)The media industry continues to see widespread cuts as Valence Media slashes jobs across several of its brands …
Ben Jacobs / New York Magazine:
WH press corps reporters discuss risking their health to attend daily press briefings that have provided the most direct access to the president in modern times  —  The White House briefing room is a low-ceilinged claustrophobic space.  Built on top of a swimming pool where Franklin Delano …
RELATED:
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
Annie Palmer / CNBC:
Amazon will cut commission rates for its affiliate program starting April 21; amount of drop dependent on category, rates for grocery products dropping 5% to 1%  —  - Amazon on Tuesday told members of its affiliates program that it will cut commission rates beginning April 21.
Todd Spangler / Variety:
NBCUniversal's ad-supported Peacock Premium tier launches for Xfinity X1 and Flex customers on Wednesday; the bulk of Peacock's originals are delayed until 2021  —  NBCUniversal's Peacock is ready to start rolling out to Comcast cable customers starting this week as scheduled …
Taylor Lorenz / New York Times:
Amid the pandemic, demand for newsletters, Instagram accounts, and YouTube channels focused on good news has grown, from NatGeo to Upworthy  —  The coronavirus pandemic has driven interest in uplifting headlines way, way up.  —  Though it can be hard to see past the daily deluge of devastating headlines …
Ty Pendlebury / CNET:
Sling TV debuts Happy Hour Across America, which lets new users stream its 50+ channel Sling Blue package for free from 5pm ET to midnight  —  Live TV streaming service Sling TV has been rolling out a bunch of promotions in response to coronavirus stay-at-home orders nationwide, and the newest one could be its best yet.
Jon Lafayette / Broadcasting & Cable:
Scripps' board members and executives including the CEO are taking 10% to 15% pay cuts with the money saved going to the company's COVID-19 employee relief fund  —  Top executives and director of the E.W. Scripps Co. are taking voluntary salary and fee reductions as the Coronavirus crisis continues.
Greg Dool / Folio:
Modern Luxury Media, publisher of 40+ regional magazines, is furloughing staff and suspending some executive pay through June, aiming to avoid permanent cuts  —  Modern Luxury Media, publisher of more than 40 high-end regional lifestyle magazines, has furloughed a significant number …
Reuters:
Iraq suspends Reuters' license for 3 months and orders it to apologize, after it published a story saying there were more COVID-19 cases than the official tally  —  LONDON (Reuters) - Iraq has suspended the licence of the Reuters news agency after it published a story saying the number …
Anthony Ha / TechCrunch:
Stanford and Google News Initiative launch tool that lets journalists embed up-to-date maps of US COVID-19 cases per 100,000 people, using NYT county-level data  —  Stanford University's Big Local News and Pitch Interactive projects, along with the Google News Initiative …
Discussion: The Keyword
Tamar Lapin / New York Post:
J. Clara Chan / The Wrap:
Fortune magazine lays off 35 employees globally, or about 10% of its staff, and cuts CEO pay 50% and executive team pay about 30%  —  Fortune magazine has laid off 35 employees globally — about 10% of staff on its payroll — and instituted pay cuts for its executives, a company spokesperson confirmed to TheWrap on Tuesday.
RELATED:
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
 
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 More News: 
The Guardian:
The UK-based Daily Telegraph stops publishing its long-running China Watch section, which was funded by China Daily and written by Chinese state journalists
Rebecca Rubin / Variety:
Universal says Trolls World Tour had the biggest opening day and weekend for a digital title, generating around ten times what the next largest VOD release had
 Earlier Picks: 
Adam Liptak / New York Times:
SCOTUS plans to provide a live audio feed of the arguments it will hear by telephone in May to media and to the public, a first
Dave Itzkoff / New York Times:
The comic book industry has been hit hard by COVID-19 as stores close and the distribution of new titles grinds to a halt, creating uncertainty about the future
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
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson are retiring, and Jennifer Newstead, Meta's chief legal officer, will replace Adams in March

Shashwat Chauhan / Reuters:
The US CFTC announces that spot crypto asset contracts will begin trading for the first time on CFTC-registered futures exchanges

A.J. Vicens / Reuters:
US and Canadian agencies warn that Chinese hackers are using Brickstorm malware to penetrate and maintain backdoor access to unnamed government and IT entities

 
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