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4:05 PM ET, May 14, 2020

Mediagazer

 Top News: 
@kerrymflynn:
Quartz CEO says even with 17K paid subscribers, the company is laying off 80 staff, closing physical offices in four locations as it seeks profitability by 2022  —  Quartz CEO Zach Seward's remarks to staff re today's layoffs: “This is no doubt the greatest challenge we have faced as a company.. I have made the very difficult decision to eliminate about 80 roles at Quartz and make other changes in order to improve the health of our business” https://twitter.com/...
Greg Sargent / Washington Post:
By using phrases like “raises new questions”, media is repeating mistakes of 2016, giving unearned credibility to political attacks in the guise of objectivity  —  The latest developments in the Michael Flynn case should prompt us to revisit one of the most glaring failures …
David Cohen / Adweek:
LinkedIn Editorial is rebranding to LinkedIn News; the team now has 76 editors across 15 countries and the Daily Rundown is received by 46M users  —  Rebranding aims to drive editorial recognition and build user trust  —  LinkedIn is rebranding its editorial team from LinkedIn Editorial …
Discussion: @kerrymflynn and @markscott82
Variety:
Inside AT&T's $4B bet to stand out in the streaming wars through HBO Max, which is to launch on May 27 despite 30 projects shuttering due to the pandemic  —  A starry group came together for a meeting at Courteney Cox's Malibu beach house on Oct. 5, 2019.  Had the papa­razzi gotten wind, pandemonium would have surely ensued.
Emil Protalinski / VentureBeat:
From August, Chrome will start blocking ads that consume 4MB of network data, 15 seconds of CPU usage in any 30 second period, or 60 seconds of total CPU usage  —  Google today announced that Chrome will start blocking resource-heavy ads.  The company ads that mine cryptocurrency …
Lindsey Ellefson / The Wrap:
Forbes changes its contributor pay scale, ending the $500 guarantee for writers with 7 monthly posts and reducing the repeat-reader bonus from 5 cents to 1 cent  —  Forbes quietly restructured its pay scale for contributors amid the coronavirus pandemic, ending the $500 guarantee for any writer …
Discussion: Talking Biz News
Pamela McClintock / Hollywood Reporter:
Sources: it isn't unusual for 50% of seats at US cinemas to be empty on weekends without hurting business, so a box office hit can happen with checkered seating  —  Before COVID-19, it wasn't unusual for 50 percent of seats at U.S. theaters to remain empty on the weekends without dampening business overall.
Matt McKinney / Star Tribune:
Media analyst Owen Van Essen, president of a newspaper industry M&A firm, predicts 200 to 300 small weekly newspapers will not be around by the end of the year  —  Solid local reporting, regular coverage of business openings and ribbon cuttings, a trusted presence for decades in Washington County …
Mark J. Rochester / Poynter:
Investigative journalism, long criticized for lacking diversity, has recently made progress, as journalists of color lead news operations and win awards  —  Journalists of color have taken the helm of investigative news operations and claimed some of the most prestigious investigative journalism awards
Kali Hays / WWD:
Lawsuit against New York mag and Joe Hagan filed by former CBS correspondent Lara Logan alleging career damage was dismissed Wednesday by a Texas federal judge  —  The now Fox News contributor had sought $25 million in retribution over a 2014 story on her retracted Benghazi report for CBS.
 
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 More News: 
North Carolina Community Foundation:
The NC Local News Lab Fund has established the NC Local News Workshop with an $180,000 grant to Elon University, led by interim Executive Director Melanie Sill
Allegra Hobbs / Study Hall:
Civil, which began with the intent to launch dozens of sites supported by a blockchain-based platform and the CVL token, fell short of fixing media funding woes
 Earlier Picks: 
Mark Sweney / The Guardian:
BuzzFeed to end news operations in the UK and Australia and furlough ten in UK and four in Australia; sources: those furloughed are “highly unlikely” to return