Top News:
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 — Website says it will focus on news that ‘hits big’ in US after advertising revenue dried up
Discussion:
@amolrajan, Press Gazette, CNN, @hannahalothman, @crimegiri, @williamsjon, @doctoryasmin, @hasanpatel, @liamthorpecho, @andyjey, @joshgnosis, @marinahyde, @cstross, @hannahalothman, @janinegibson, @simoncrerar, @domponsford, @jacquelinemaley, @grogsgamut, @jo_tovey, @matthewchampion, @wblau, @alexwickham, @andywigmore, @rmac18, @miriamelder, @farrellpf, @greenslader, @paleofuture, @matinastevis, @dailekelleher, @shirazmaher, @katebevan, @louiseridley, @jonwalker121, @pilhofer, @tompeck, @jerometaylor, @ashkan, @david_dobbs, @matthewwells, @catrinnye, @fionakatauskas, @ppantsdown, @joshbutler, @culttture, @emilybell, @darrylmason, @arusbridger, @simoncrerar, @drfrancesryan, @maxwelltani, Business Insider and The Hill
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.
Discussion:
MediaPost, The Streamable, Variety, @xpangler, Always Be Watching, /Film and Observer
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 …
Discussion:
@ashkan and @kellystrib
Lindsey Ellefson / The Wrap:
Forbes restructures its pay scale for contributors, ending the $500 guarantee for writers with seven monthly posts and reducing the repeat-reader bonus 80% — “Contributors have an opportunity to earn more money than they have before," says editor of additional tweaks
Discussion:
Talking Biz News
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 — In the summer of 2017, cryptocurrency seemed like the future. The price of Bitcoin was spiking, doubling from $2,500 in June to $5,000 by the beginning of September.
Jeffrey A. Trachtenberg / Wall Street Journal:
Memo: Condé Nast will lay off about 100 US employees, with a similar number temporarily furloughed and a small number of staff getting reduced work schedules — Similar number to be temporarily furloughed as advertising slowdown takes a bite — Condé Nast …
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.
Mark J. Rochester / Poynter:
Investigative journalism, long criticized for lacking diversity, has recently made progress, as journalists of color head 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
Discussion:
@mjrochester, @dicktofel, @mukhtaryare, @fvaraorta and @nhannahjones
Adam Gabbatt / The Guardian:
Save our Sun, a campaign backed by Baltimore-based philanthropists, is hoping to buy The Baltimore Sun and turn it into a non-profit to avoid further cuts — The Baltimore Sun has just won the Pulitzer prize for local reporting, despite years of job cuts and as the coronavirus pandemic appears set …
Discussion:
@scottshanenyt, @jayrosen_nyu, @gabrieljr, @rasmus_kleis, @coreyhutchins, @vwpickard, @damian_odoherty and @colindabkowski
North Carolina Community Foundation:
The NC Local News Lab Fund has established the NC Local News Workshop with a $180,000 grant to Elon University, led by interim Executive Director Melanie Sill — Home / News / NC Local News Lab Fund establishes NC Local News Workshop at Elon University — The North Carolina Local News Lab Fund …
Discussion:
@melaniesill, @eloncomm, @ericaperel, @melaniesill and @melaniesill
Todd Spangler / Variety:
Some European Netflix users say video quality throttling is still in place, angering those who pay more for higher-quality plans — Facebook to Pay $52 Million to Settle Lawsuit Over Moderators' Exposure to Graphic, Disturbing Content — Almost two months ago, Netflix …
Discussion:
The Streamable, more at Techmeme »
Katie Kilkenny / Hollywood Reporter:
People magazine's digital team announces its intention to form a union with the NewsGuild, joining its print division, which unionized in the 1970s — Ninety-six percent of the brand's digital group employees nationwide who are eligible have signed cards indicating their interest in organizing.
Discussion:
@peoplemagunion, @katiekilkenny7, @thr, @wear_a_helmet, @sgillette7, @ninedaves, @mcorriston and @katiekilkenny7
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