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9:40 AM ET, June 30, 2022

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 Top News: 
Isabella Simonetti / New York Times:
Research: the rate of US newspaper closures, about two per week, did not change during the pandemic; 360+ US newspapers closed between late 2019 and May 2022  —  The same pace — about two closures per week — was occurring before the pandemic.  — Give this article- - - Read in app
Alex Heath / The Verge:
Snap launches Snapchat+, offering exclusive, experimental, and pre-release Snapchat features for $3.99 per month, starting in nine countries  —  No, it doesn't let you turn off ads  —  Starting this week, Snap will begin offering an optional subscription called Snapchat Plus that unlocks exclusive and early access features.
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Benjamin Mullin / New York Times:
Substack lays off 13 of its 90 employees as it tries to conserve cash during a funding crunch for startups; source: cuts hit HR, writer support, and other roles  —  The newsletter start-up discussed raising funding last year but abandoned the plan after the market for venture investments cooled.
Adam Piore / Columbia Journalism Review:
A look at DC-based Punchbowl, which had 3,000+ subscribers paying $300 per year in late 2021, as critics question the ethics of hosting events with lobbyists  —  A Friday morning last fall, in the subterranean labyrinth of the Capitol building, on either side of thick double doors: a throng of reporters and the House Democratic Caucus.
Nathan Bomey / Axios:
Maria Ressa says the Philippines' SEC told Rappler to shut down; Ressa: Rappler will fight the order affirming an earlier decision revoking incorporation papers  —  HONOLULU — Nobel Peace Prize laureate and journalist Maria Ressa said Tuesday that the Philippine government has ordered her news organization to shut down.
Joe Flint / Wall Street Journal:
Sources: Nexstar is close to a deal to acquire 75% of The CW, with Paramount and Warner Bros. Discovery each retaining 12.5% stakes  —  Owner of local TV stations is looking to broaden CW's programming to cater to older audience  —  Nexstar Media Group Inc., NXST -1.19%▼ …
Glenn Kessler / Washington Post:
Duke Reporters' Lab says fact-checking projects grew from 168 in 2016 to 391 in 2021 globally; Meta says it has spent $100M to underwrite fact-checking outlets  —  OSLO — Members of fact-checking organizations from around the globe met last week for their first in-person conference in three years …
David Hellier / Bloomberg:
Sources: Amazon is nearing a deal with UEFA for three-year broadcast rights to its flagship Champions League soccer competition and two others  —  Amazon.com Inc. is nearing a deal to broadcast Europe's top football tournament in the UK for the first time, according to people familiar with the matter …
 
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 More News: 
Hanaa' Tameez / Nieman Lab:
The Tributary, launched by Andrew Pantazi in late 2020 in Jacksonville, Florida, plans to grow into a worker-directed news nonprofit with shared decision making
Reuters:
Hong Kong blocks Reuters, SCMP, and other outlets from the 25th anniversary ceremonies of the city's handover to China, which President Xi is due to attend
Max Goldbart / Deadline:
The BBC and ITV's BritBox International restructures as BBI North America, covering the US and Canada, and BBI International Markets, covering six countries
Discussion: The Streamable
 Earlier Picks: 
Jim Waterson / The Guardian:
After the UK's National Union of Journalists rejected Reach's 3% pay rise, The Mirror, Daily Express, and hundreds of local newspapers face strike action
Tarpley Hitt / Gawker:
New York Magazine ran a story on cancel culture in high school, but failed to disclose that the author used a tale from her child's school, contorting the piece
Alex Weprin / Hollywood Reporter:
Disney's board of directors unanimously decides to extend CEO Bob Chapek's contract by three years, beginning on July 1, 2022, and running into 2025