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/...
Discussion:
New York Times, @kerrymflynn, Talking Biz News, @emilywithrow, @moorehn, @ashkan, @jason, Adweek, @jenniavins, @elanazak, @timfernholz, @sarahfkessler, @marcatracy, @eacrunden, @elanazak, @johnxenak, @jeffjarvis, @kerrymflynn, @jbenton, @lattif, @brizzyc, @zseward, @glichfield, @oliviamesser, @jeffjarvis, @annalecta, @mims, @domdifurio, @mitrakalita, @nicholasadeleon, @martyswant, @davidmackau, @samthielman, @davegershgorn, @shortformernie, @sona_here, @aldenwicker, @newspaperwallah and @emilybell
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 …
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:
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.
Discussion:
@jackshafer, @jonahdispatch, @bikehugger, @dylanbyers, @mat, @jackshafer, @jackshafer, @alexgiess, @summeranne, @scottlucas, @t_fin, @mimms, @summeranne, @dylanbyers and @dylanbyers
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 …
Discussion:
Chromium Blog, Softpedia News, CNET, @glenngabe, @daniel_bilar, @epro, @chromiumdev, @justinschuh and The Verge, more at Techmeme »
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
Todd Spangler / Variety:
Scener now supports HBO Now and HBO Go, allowing up to 20 viewers to watch together via a Chrome browser extension; the startup already supports Netflix — Katy Perry, John Legend Join Houseparty's Celeb-Studded Livestreaming Event This Weekend (EXCLUSIVE)
Discussion:
TechCrunch, @xpangler, @xpangler and The Streamable
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.
Discussion:
MediaPost
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 …
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:
@ser_jon_arryn, CortaCable, @shitfund, @xpangler, MediaPost, The Streamable, Always Be Watching, Variety, /Film and Observer, more at Techmeme »
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.
Discussion:
@theromit, @davezatz and @pameladaym
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