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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 …
Discussion:
@mikeisaac, Gizmodo, @adelsteinpaul, @rmac18, @mattyglesias, @patrick_wyman, @monteiro, @slpng_giants, @chetfaliszek, @blackamazon, @mikeisaac, @mikeisaac, @juddlegum, @mikeisaac, @aymanndotcom, @juddlegum, @juddlegum and @juddlegum
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 …
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.
Discussion:
Axios, Pancake Brain, Advocate, Fortune, @iainlevine and @dylanbyers
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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
Discussion:
The Information, Digiday, New York Times, @daviduberti, Real Clear Politics, @dylanbyers, MediaPost, Breitbart, The Guardian, Gizmodo, The Daily Caller, @lauramandaro, @nberlat, @juancpedreira, @willoremus, @neontaster, VentureBeat, @johnbattelle, Vanity Metrics, @mims, @monteiro, @thesporkful, @cwarzel, @jason_kint, @cwarzel, @chuckliddell, @ifeomaozoma, @anthonyquintano, @amir, @jayrosen_nyu, @cwarzel, @jeffersongraham, @ritholtz, @gpingersoll, @chrisstrub, @steveguest, @holmesjosh, @repjimbanks, @oliverdarcy, @kerrymflynn, @kyurieff, @b_fung, The Hill and Fox News, more at Techmeme »
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
Discussion:
The Guardian, @nick_clegg, MediaPost, About Facebook, @rmac18, Protocol, @william_fitz, The Verge, @juliacarriew, Forbes, Beyond Search, Just The News, CNET, @mirabarhillel, @amahnke, Music Ally, @shannoncoulter, @notdan, @brendannyhan, CNN, @riotta, @david_rudnick, @libshipwreck, @rebootedstef, @ladyhaja, @alexthomas, @justinhendrix, @zeynep, @shannonvallor, @jbenton, @kargo, @sub8u, @mikeisaac, @carolecadwalla, @arrington, @mmasnick, @katielpaul, @mikeisaac, Techdirt, @berthacoombs, @jayrosen_nyu, @dylanbyers, Breitbart, @jayrosen_nyu, @stevekopack, @mikeisaac, @jrubinblogger, @kenli729, Digital Trends, Search Engine Land, The Week, The Hill, Neowin, VentureBeat and Mediaite, more at Techmeme »
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 …
Discussion:
@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.
Discussion:
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.
Discussion:
@tammieetc, Columbia Journalism Review, @pfmpfmpfm, New York Times, @mathewi, @leetranlam, @gtherolf, @andyhermannla, @dan_lepard, @seanrobinson1e4, @cfosterworld, @shanegoesforth, @tomhoffarth, @thejadechang, @celineorelse, @zanopticon, @awolfeful, Eater LA, Los Angeles Magazine and Grub Street
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 …
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 …
Discussion:
@cityofthetown
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.
Discussion:
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 …
Discussion:
@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/...
Discussion:
CNN, Variety, @conniewang, @kerrymflynn and @kerrymflynn
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