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8:35 AM ET, May 15, 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 …
Joe Pompeo / Vanity Fair:
Sources: NYT is getting under the skin of BuzzFeed staff by raiding BuzzFeed talent and sometimes re-reporting BuzzFeed stories with little credit  —  Poaching employees and rereporting other outlets' stories is in the Times DNA, and BuzzFeed is now in the crosshairs.
Marc Tracy / New York Times:
Reporters in the US and abroad face altercations with anti-lockdown protestors, an extension of the general antagonistic feeling toward journalists  —  Journalists covering the pandemic have faced the wrath of people who are against social-distancing restrictions.
Ben Thompson / Stratechery:
Forcing Facebook and Google to pay for news could lead to uncritical reporting on tech; better approaches would tackle roots of media woes, including ad markets  —  Exponent — as promised! — will be back tomorrow, talking about podcasting, Spotify, and working from home.  —  On to the update:
Sahil Patel / Wall Street Journal:
Integral Ad Science, which offers ad-verification services and is used by marketers to avoid unwanted ad placement, is laying off about 10% of its 700 employees  —  The effects of the coronavirus pandemic continue to batter the ad industry  —  Advertising-verification firm Integral Ad Science Inc …
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 …
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: @markscott82 and @kerrymflynn
Jon Lafayette / Broadcasting & Cable:
Extreme Reach: in Q1, share of CTV ads among digital video ads fell to 37%, down 21% from Q4; 30-second ads accounted for 77% of all digital video ads, a record  —  Desktop impressions in unusual increase  —  A funny thing happened to connected TV during an unprecedented first quarter.
Caysey Welton / Folio:
Meredith Q3: earnings of $151.8M, down 5.5% YoY, on revenue $701.7M, down 6.5% YoY; ad revenue hit $332.1M, down 9.8% YoY; licensing revenue grew 27% YoY  —  The company is expecting worse Q4 ad revenue drop than what it saw during The Great Recession.  —  After a few days of delay …
Discussion: Motley Fool
 
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 More News: 
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
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
Discussion: Talking Biz News
 Earlier Picks: 
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
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
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
 

 
From Techmeme:

Manish Singh / TechCrunch:
X raises US Premium+ prices by 37.5% to $22 per month, starting on December 21, and EU prices from €16 to €21 per month; the basic subscription still costs $3

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP

 
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