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8:55 PM ET, March 28, 2023

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 Top News: 
Aamna Mohdin / The Guardian:
The Guardian owner Scott Trust apologizes for the role the newspaper's founders played in the slave trade and announces expanded reporting on Black communities  —  Scott Trust to invest in decade-long programme of restorative justice after academic research into newspaper's origins
Sara Fischer / Axios:
Substack invites its newsletter writers and others to invest, aiming to raise $2M; source: the raise is an extension of Substack's $65M Series B in March 2021  —  Substack, the newsletter platform, will open up a community fundraising round on Tuesday, allowing writers on the platform to invest in the company.
Sewell Chan / The Texas Tribune:
The Texas Observer editors raise $200K+ in emergency funding through a GoFundMe drive and urge its board to reconsider its decision to shut down the magazine  —  Journalists at the progressive publication expect to be laid off this week.  Relations between the board and senior staff have severely eroded.
James Rainey / Los Angeles Times:
A look at the decline of Gannett's The Salinas Californian, whose only original content comes from paid obituaries after its last reporter quit in December 2022  —  When brown water overflowed the banks of the Salinas River in January, flooding thousands of acres and throwing an untold number …
RELATED:
Wall Street Journal:
Sources: Disney closes its metaverse unit, cutting ~50 jobs, and cancels an Amazon Prime-like program integrating Disney+, online retail, and theme park apps  —  The unit, once seen as developing a new form of storytelling, had about 50 employees  —  Mickey Mouse has left the metaverse.
The Verge:
Elon Musk says only verified accounts will be recommended in Twitter's For You tab and be able to vote in polls to address “AI bot swarms”, starting on April 15  —  Twitter users will need a “verified account” to get recommended on the platform's For You page starting on April 15th …
Jim Waterson / The Guardian:
UK leaders plan to kill a law forcing news outlets to pay court costs of those who sue them, as part of a bill that may also add streaming service regulation  —  Government to roll back section 40 legislation, recommended by Leveson, as part of media bill  —  Ministers will push ahead …
Charlotte Klein / Vanity Fair:
A profile of Kara Swisher where she explains why she left The New York Times, the importance of editorial control and owning your IP, writing a memoir, and more  —  The ultimate media insider is juggling podcasts, writing a memoir, and texting with “half the planet.”  ("She has a coffee before bed," says Ben Smith.)
Omari Daniels / Washington Post:
An appeals court restores Serial podcast subject Adnan Syed's murder conviction, after a lower court didn't give proper hearing notice to the victim's brother  —  A Maryland appellate court panel on Tuesday reinstated the murder conviction of “Serial” podcast subject Adnan Syed …
 
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 More News: 
Sarah Perez / TechCrunch:
OverDrive, which lets libraries and other institutions lend their digital catalogs, plans to shut down its app on May 1, 2023 and redirect its readers to Libby
Discussion: The Bookseller
Alex Sherman / CNBC:
Digital media companies like BuzzFeed, Vice, and Vox, which focused on consolidation to counter Google and Meta, abandon rollups to focus on differentiation
The Daily Beast:
New York Times managing editors Carolyn Ryan and Marc Lacey held “tongue-lashing” meetings and wrote warnings to ~20 staff who blasted the NYT's trans coverage
 Earlier Picks: 
Zoë Schiffer / Platformer:
Documents: Twitter closely monitors and boosts ~35 accounts including Matt Yglesias, Glenn Greenwald, Noah Smith, Adrian Wojnarowski, Ben Shapiro, and @catturd2
Kat Tenbarge / NBC News:
A look at the non-consensual deepfake porn economy, with video sites easily accessible via top Google search results and some accepting Visa and Mastercard
Isabella Simonetti / Wall Street Journal:
Sources: CNN is finalizing a deal for Gayle King to host a weekly prime-time show; in March, CNN may hit its lowest monthly rating in decades for ages 25 to 54