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5:20 AM ET, May 21, 2019

Mediagazer

 Top News: 
Max Willens / Digiday:
Salon's new owner, Chris Richmond, says profitability will be achieved through improved tech, operations, and better ad rates, not job cuts  —  Salon's new owners say they see an easy path to profits for the troubled news publisher.  —  On May 8, Salon Media Group disclosed in a filing …
Lucas Shaw / Bloomberg:
Sources: ByteDance, owner of TikTok, is developing a paid music service via a new app it expects to debut as early as this fall, mostly in emerging markets  —  - ByteDance plans to target listeners in emerging markets  — Company has already secured rights from Indian record labels
Daniel Funke / Poynter:
Analysis of 36 fact-checking outlets finds gender disparity similar to newsrooms: 41% of fact-checkers are women, 71% of fact-checking sites are run by men  —  Independent fact-checkers are the first line of defense against misinformation.  —  They debunk fake news stories …
Discussion: @brooklynmarie
RELATED:
Abbey Crain / al.com:
Brian Steinberg / Variety:
NBC News hires Chris Berend, head of digital video at CNN, as executive vice president of NBC News Digital, replacing Nick Ascheim  —  Chris Berend, an executive who has been overseeing digital video for CNN and helped launch Great Big Story, a streaming-video site aimed at younger audiences …
Discussion: MediaPost and TVNewser
Patrick Shanley / Hollywood Reporter:
Sony Interactive Entertainment has launched PlayStation Productions, a production studio to adapt the company's video game catalog for film and television  —  PlayStation Productions, headed by Asad Qizilbash and overseen by SIE chairman of Worldwide Studios Shawn Layden …
Michael Finch II / Sacramento Bee:
McClatchy, publisher of 30 daily newspapers, posts $42M loss in Q1; advertising revenue declined 15% YoY to $85M, digital-only subscribers increased 60% to 179K  —  McClatchy's losses widened in the first quarter, the company reported Thursday, while seeing growth in its digital subscription efforts.
Michael Barba / The San Francisco Examiner:
Hannah Murphy / Financial Times:
Snap says it has appointed Derek Andersen, its VP of finance, as CFO, and Lara Sweet, its chief accounting officer and interim CFO, as chief people officer  —  Snap has opted to promote two executives internally to its finance and human resources chief roles, as part of a management overhaul …
Eliza Mackintosh / CNN:
A look at the multi-pronged, cross-sector approach Finland is taking to successfully fight misinformation campaigns and fake news  —  Helsinki, Finland (CNN) - On a recent afternoon in Helsinki, a group of students gathered to hear a lecture on a subject that is far from a staple in most community college curriculums.
Julia Alexander / The Verge:
Professional gamer Tfue sues esports org FaZe Clan over allegedly “oppressive” contract, says FaZe violates CA law by acting as an unlicensed talent agency  —  The lawsuit could be a turning point for e-sports organizations  —  A new lawsuit filed against Faze Clan …
 
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 More News: 
Frederic Filloux / Monday Note:
Interview with French entrepreneur Gilles Raymond, who founded The Signals Network, a non-profit that helps whistleblowers come forward
Sebastian Murdock / HuffPost:
A popular free to play game on the Apple and Google app stores included a mission, removed following publication, that asked players to gun down a journalist
Sahil Patel / Digiday:
Anime streaming service Crunchyroll says it is looking to expand beyond the US, breaking into Latin America, the Middle East, Africa, and Russia
 Earlier Picks: 
Dean Takahashi / VentureBeat:
China-based NetEase announces a partnership with Marvel to develop new original content, for China and elsewhere, including TV shows and games
Cal Newport / New Yorker:
The IndieWeb, a loose collective of developers and techno-utopians, aims to create alternatives to mass social media via projects like Micro.blog and Mastodon
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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