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12:45 PM ET, May 15, 2020

Mediagazer

 Top News: 
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.
@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/...
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.
@kerrymflynn:
Vice to lay off 55 in the US and ~100 globally, citing the fact that digital organization accounts for 50% of headcount costs but brings in about 21% of revenue  —  Vice CEO Nancy Dubuc on layoffs: 55 in US + ~100 globally: “The reality is that some tough decisions had to be made primarily around our digital teams. Currently, our digital organization accounts for around 50% of our headcount costs, but only brings in about 21% of our revenue” https://twitter.com/...
Melynda Fuller / MediaPost:
Microsoft expands partnership with NewsGuard, which rates news site credibility, making NewsGuard extension free for Edge browser users on desktop and mobile  —  NewsGuard Technologies is expanding its partnership with Microsoft through browser expansions, adoption in new programs and continued sponsorships.
European Journalism Covid-19 Support Fund:
European Journalism Centre and Facebook Journalism Project announce 57 outlets receiving grants of €10K or €25K to address business needs caused by COVID-19  —  The European Journalism Centre (EJC) in partnership with the Facebook Journalism Project (FJP) is today announcing 57 …
Discussion: HoldtheFrontPage
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:
Ben Lovejoy / 9to5Mac:
Netflix begins restoring full quality streaming in Europe; Apple TV+ has restored 4K streaming late April  —  Netflix is gradually lifting coronavirus-related streaming quality limits in Europe.  Netflix, Apple TV+, Amazon Prime Video have all complied with a European Commission request …
Robert Channick / Chicago Tribune:
Tribune Publishing and the Chicago Tribune Guild agree to a three-week furlough taken in one week increments for all unionized employees making $40K+  —  Tribune Publishing and the Chicago Tribune Guild agreed Wednesday to a three-week furlough for all unionized newsroom employees making $40,000 …
Discussion: @toddlighty
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  —  After a few days of delay, Meredith released its Q3 earnings, which closed on March 31.  Starting with the bottom line …
Discussion: Motley Fool
 
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 More News: 
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
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
Discussion: Adweek
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
 Earlier Picks: 
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
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