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Judd Legum / Popular Information:
Facebook says it now finds that there is an undisclosed financial relationship between The Daily Wire and Mad World News and will temporarily demote the latter — The Daily Wire's Ben Shapiro (Photo by Rich Polk/Getty Images for Politicon) — Facebook has concluded there is an undisclosed …
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Jack Shafer / Politico:
Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they'll be back, and Facebook will emerge stronger — Every day, it seems, another major corporation joins the advertiser boycott against Facebook. First came The North Face, REI and Patagonia.
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Axios, Pancake Brain, Advocate, Fortune, LinkedIn, @iainlevine and @dylanbyers, more at Techmeme »
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CNN:
Of the top 25 Facebook advertisers in 2019, which include Uber and Netflix, only three, Microsoft, Starbucks, and Pfizer, have said they are pausing ad spending
Of the top 25 Facebook advertisers in 2019, which include Uber and Netflix, only three, Microsoft, Starbucks, and Pfizer, have said they are pausing ad spending
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Reuters:
400+ advertisers suspend Facebook ads for a month, as sources say talks with some advertisers broke down; Zuckerberg has agreed to meet with boycott organizers
400+ advertisers suspend Facebook ads for a month, as sources say talks with some advertisers broke down; Zuckerberg has agreed to meet with boycott organizers
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Robert Channick / Chicago Tribune:
Tribune Publishing adds Alden Global Capital's co-founder, Randall Smith, to board, giving Alden 3 of 7 seats, and caps Alden's stake at 33% for another year — Tribune Publishing has struck a deal with its largest shareholder, Alden Global Capital, that adds the hedge fund's co-founder …
Jon Henley / The Guardian:
France allows tax credit for new subscribers to current affairs outlets since the sector is “suffering enormously” due to COVID-19 crisis — Move to support newspapers and magazines follows global slump during pandemic — French MPs have voted to grant a tax credit to anyone taking …
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@janebsinger, @rasmus_kleis, @gaufre and National Union of Journalists
Maiysha Kai / The Glow Up:
Following the publication of an open letter alleging mistreatment, misconduct, and mismanagement at Essence, the outlet names Caroline Wanga interim CEO — The pioneering and still most prominent media brand for Black women will once again have one at the helm—at least, for the immediate future.
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Black Female Anonymous, Page Six, @kerrymflynn, @iwriteallday_, @jouelzy, The Wrap and News. Now. Nxt.
J. Clara Chan / The Wrap:
LA Times food editor Peter Meehan has resigned after a series of tweets on Monday alleged that he fostered an abusive workplace environment for his staff — The Los Angeles Times' food editor, Peter Meehan, has resigned from the paper after being accused on social media of fostering an abusive work environment for his employees.
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Tom Dotan / The Information:
Reuters has told employees that it is planning on putting many of its articles behind a subscription paywall — Reuters is planning on putting many of its articles behind a subscription paywall, the news service told employees. Reuters would become one of the last free news services …
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@cityofthetown
Jim Waterson / The Guardian:
The BBC is laying off 450 people, representing a sixth of BBC England staff, to save £25M, per NUJ, and axing regional news show Inside Out — Well-known local presenters to lose jobs and concerns raised about news quality — The BBC is to make 450 staff working on its regional programmes …
Hilary Lewis / Hollywood Reporter:
Walmart will convert 160 parking lots into drive-in movie theaters with film programming by Tribeca Enterprises from August to October — The retailer will transform its store parking lots into contact-free movie theaters, allowing viewers to have a socially distanced big-screen experience amid the coronavirus pandemic.
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Fortune, @retailprophet, @pitdesi, The Daily Caller, @jordanbitterman, TechCrunch, @aexm and Gizmodo
Brian Schwartz / CNBC:
In a letter to Michael Pack, senators from both parties voice concerns about Pack's firing of longtime USAGM leaders and say they'll review the agency's funding — - Sens. Lindsey Graham, Marco Rubio and a bipartisan group of senators say they are planning to review the U.S. Global Agency …
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@schwartzbcnbc and @penamerica
@kerrymflynn:
Refinery29 President Amy Emmerich steps down; the site's union called for her resignation in June, and Vice was probing claims of toxic behavior at Refinery29 — NEWS: Amy Emmerich, president and chief content officer at Refinery29, stepped down today. Here's the note she just sent to staffers. Story TK https://twitter.com/...
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CNN, Variety, @conniewang, @kerrymflynn and @kerrymflynn