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12:45 AM ET, February 28, 2020

Mediagazer

 Top News: 
Dan Froomkin / Press Watch:
Top media outlets normalized Trump's often incoherent press briefing Wednesday on the coronavirus, downplaying his campaign-style insults and slinging of blame  —  Here is some of what Donald Trump had to say Wednesday evening at a briefing intended to inform and reassure the American public about a public-health emergency:
Barbara Allen / Poynter:
Layoffs are under way at newspapers owned by Gannett; one employee has tracked at least 24 newsroom staffers affected, with 40 pressroom positions cut  —  Layoffs continued Thursday at Gannett newspapers, which recently merged with GateHouse to form the nation's largest newspaper chain.
RELATED:
Business Wire:
New Gannett reports revenue of $699M and net loss of $95M, print ad revenue of $241M and digital ad rev of $90.1M; Gannett expects $60M in annual savings
Todd Spangler / Variety:
Discovery names Hulu's Lisa Holme head of direct-to-consumer content strategy, in charge of commissioning and acquiring US content  —  Lisa Holme, a Hulu veteran who had been leading its international expansion strategy, has joined Discovery in a newly created role to oversee content …
Discussion: Deadline and Multichannel News
RELATED:
Georg Szalai / Hollywood Reporter:
Discovery reports Q4 earnings of $476M, up 77% YoY, on revenue of $2.87B, up 2% YoY; ad revenue grew 1% and distribution 5% thanks in part to carriage on MVPDs
Jason Gurwin / The Streamable:
YouTube TV is dropping Fox Regional Sports Networks and YES Network on February 29, calling the move “a reflection of the rising cost of sports content”  —  Just before the start on baseball season, YouTube TV is about to lose 21 Fox Regional Sports Networks and YES Network beginning February 29th.
New York Post:
Carson Griffith, tapped in January 2019 to revive Gawker, sues the Daily Beast over a story she claims portrayed her as racist and homophobic  —  A former Gawker editor has sued the Daily Beast over an explosive exposé last year that portrayed her as racist and homophobic …
Charlotte Tobitt / Press Gazette:
UK regulator IPSO dismisses five complaints from the ruler of Emirate of Sharjah about nine stories in the Sun, Mail, and Metro newspapers on his son's death  —  The ruler of the Emirate of Sharjah has lost complaints about coverage of his son's death in the Sun, Mail and Metro newspapers …
Discussion: @ipsonews
iQIYI, Inc.:
iQIYI reports Q4 revenues reached $1.1B, a 7% increase YoY, as membership grew 21% to 106.9M subscribers  —  iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the “Company"), an innovative market-leading online entertainment service in China, today announced its unaudited financial results for the fourth quarter …
Sahil Patel / Wall Street Journal:
NBCU launches NBC Spot On, a streaming ads business for its local TV stations group, as advertisers shift budgets from local spot TV ads to streaming TV  —  The company plans to hire up to 20 staffers for a new local ads business tasked with tackling the surging local TV streaming ads category
Discussion: FierceVideo and PR Newswire
Li Yuan / New York Times:
In China, people openly criticize state media as Beijing sends hundreds of journalists to Wuhan and other regions to publish stories of sacrifice  —  Beijing is pushing tales of perseverance, but many young people are openly questioning the Communist Party's message.
 
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 More News: 
Chicago Tribune:
Chicago Tribune EIC and publisher Bruce Dold is being replaced by Colin McMahon, effective immediately; managing editor Peter Kendall is also leaving
New York Times:
Several high-profile Instagram accounts switch to private to avoid scrutiny when posting sponsored content for Bloomberg's campaign
 Earlier Picks: 
Washington Post:
Five alleged members of Atomwaffen Division are arrested, charged with plotting to intimidate journalists and others via swatting and leaving fliers at homes
Fadel Allassan / Axios:
Trump's re-election campaign filed a libel suit against NYT for publishing a Max Frankel opinion piece on Russian interference in the 2016 election
Paul Farhi / Washington Post:
ABC suspends reporter David Wright after reviewing Project Veritas footage in which he criticized Trump coverage and ABC News' promotion of Disney content
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

David Pierce / The Verge:
Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished

 
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