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4:50 PM ET, May 12, 2020

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 Top News: 
Tim Warsinskey / Plain Dealer:
Cleveland.com will now produce all content for The Plain Dealer, 4 remaining Plain Dealer reporters have job offers at cleveland.com; union to be dissolved  —  CLEVELAND, Ohio — The reality and challenge of being a journalist these days is covering change while being part of change.
Alex Bhattacharji / Los Angeles Magazine:
As Valence Media seeks to soften and kill coverage of controversial subjects, THR is fighting to maintain its reputation for independence and propriety  —  As its parent company seeks to soften and kill coverage of controversial subjects, ‘The Hollywood Reporter’ is fighting to maintain its journalistic integrity
Tony Maglio / The Wrap:
Disney has raised $11B in debt, according to a Tuesday filing with the SEC  —  Disney has raised $11 billion dollars in new debt, according to a Tuesday filing with the Securities and Exchange Commission (SEC).  —  “The company intends to use the net proceeds from the sale of the notes …
Des Moines Register:
Meredith delays its quarterly earnings report to Thursday, citing an “extremely challenging business environment”  —  Saying it is facing “an extremely challenging business environment” because of the COVID-19 pandemic, Meredith Corp. informed the U.S. Securities and Exchange Commission …
Sarah Perez / TechCrunch:
Spotify Kids now allows parents to view kids' listening history and block individual tracks and expands to Germany and Japan  —  Spotify is expanding the capabilities of its parental controls on its Spotify Kids app, aimed at children ages 3 and up on a parent's Spotify Premium Family plan.
Alan Rosenberg / providencejournal.com:
Providence Journal to halt editorials because of hyper-partisanship and because readers think reporters will try to reflect the paper's views in their coverage  —  Alan Rosenberg Journal Executive Editor alanrosenbergpj  —  Our opinion pages will instead feature more viewpoints from readers …
Suzanne Vranica / Wall Street Journal:
Sources: advertisers like GM are looking to exercise an option, available since May 1, to cancel up to 50% of their Q3 TV ad spend, an estimated $1B-$1.5B loss  —  Companies are seeking to take advantage of options that became available May 1 to cancel up to 50% of third-quarter spending
Laura Hazard Owen / Nieman Lab:
Emily Ramshaw says The 19th still plans to launch late this summer despite the pandemic, to explore how women are disproportionately affected by the crisis  —  Emily Ramshaw and Amanda Zamora had not planned to launch The 19th during a pandemic.  Their national nonprofit news site …
Isaac Chotiner / New Yorker:
Interview with MSNBC's Chris Hayes on how his life and show have changed during the pandemic, covering the Tara Reade allegations, and more  —  Before the coronavirus pandemic reshaped media priorities, along with just about everything else, the MSNBC host Chris Hayes was spending …
 
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 More News: 
Elizabeth Culliford / Reuters:
Twitter says it will add labels and warning messages to tweets about COVID-19 with misleading or disputed content and plans to expand the labels to other topics
 Earlier Picks: 
Katie Shepherd / Washington Post:
Trump calls for NBC to fire Chuck Todd after Meet the Press acknowledges “inadvertently and inaccurately” editing a clip of an interview with AG William Barr
 

 
From Techmeme:

Wall Street Journal:
Sources: SpaceX is planning a secondary share sale that would value the company at $800B, surpassing OpenAI to make it the most valuable US private company

Rose Henderson / Bloomberg:
Cloudflare says it has fixed an issue that caused a 25 minute outage on Friday, following a major, hours-long outage last month

Echo Wang / Reuters:
Meta acquires Limitless, which makes a pendant-style AI wearable that records and transcribes real-world conversations; Limitless has raised more than $33M

 
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