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1:00 PM 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
RELATED:
Sewell Chan / The Texas Tribune:
Study: since 2005, Texas has lost about a third of its newspapers and eight newspaper journalists per 10K residents; 10% of its counties have no newspapers  —  Of Texas' 254 counties, 27 no longer have a newspaper.  Loss of local news coverage has been associated with higher levels of mistrust, misinformation and malfeasance.
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.
Kurt Wagner / Bloomberg:
Twitter hires Maggie McLean Suniewick, formerly president of distribution and business development for NBCUniversal's digital properties, as VP of partnerships  —  Twitter Inc. has hired Maggie McLean Suniewick from NBCUniversal Media to be the company's new vice president of partnerships …
Discussion: @nedsegal
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 Bauder / Associated Press:
Nielsen: during two daytime hearings last week, Fox averaged 727K viewers vs. 3.09M on MSNBC and 2.21M on CNN; Fox audience dropped when hearings started at 3pm  —  NEW YORK (AP) — Fox News Channel is airing the Jan. 6 committee hearings when they occur in daytime hours and a striking number …
 
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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
 Earlier Picks: 
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
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