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5:50 PM ET, March 10, 2020


 Top News: 
Joshua Benton / Nieman Lab:
While ad and event revenue declines due to COVID-19 may wound the news industry, choices by hedge funds and private equity in a recession could be catastrophic  —  Declines in ad revenue and all those canceled events might prove manageable.  But the real risk would come with a virus-inspired recession …
Sara Fischer / Axios:
Vox Media launches Concert Local, a local ad network pooling local news sites' ad inventories and funded, source says, by $1M+ from the Google News Initiative  —  Vox Media, the parent company to brands like The Verge, SB Nation, GrubStreet and more, is partnering with Google to create …
Brian Steinberg / Variety:
Memo: NBC News will shift some employees to work on exploring streaming options for Today as the show continues digital expansion with plans to hire 30 staff  —  NBC News is considering whether its venerable “Today” morning show might also serve as an all-day streaming-video outlet.
Discussion: TVNewser, @bristei and The Streamable
Hollywood Reporter:
Filing: Quibi asks CA court to end harassment from interactive media company Eko, which claims IP theft and says Quibi's “Turnstyle” feature infringes on its IP  —  Quibi says an interactive video sales company called Eko has “embarked on a campaign of threats and harassment.”
Natalie Jarvey / Hollywood Reporter:
Sources: Disney+ executives are still struggling to define its brand identity, as several original series in development have been dropped in the past year  —  In his new role “getting everything right creatively,” the former CEO is likely to tackle the streaming service, which …
Ampere: ~55% of programming on Disney+ is 10+ years old, compared to 48% on Prime Video and 19% on Netflix; Disney has 54 series in production vs. Netflix's 287
Discussion: Dark Horizons
Jon Allsop / Columbia Journalism Review:
As coronavirus affects how media tells and disseminates stories, its coverage decisions must avoid both scaremongering and complacency  —  On Friday, amid ever-rising fears about the spread of the coronavirus, President Trump traveled to Atlanta to visit the Centers for Disease Control and Prevention.
Discussion: @cjr
Tom Kludt / Vanity Fair:
Coverage by pro-Sanders media, like Chapo Trap House, of Biden's fitness for office reveals both its reach and its limitations in shaping a broader media story  —  The Sanders camp is making a final swarming social media attack on Joe Biden, as Cenk, Taibbi, and Chapo guys and an army …
Keith J. Kelly / New York Post:
National Magazine Awards, which were scheduled for March 12, have been postponed due to coronavirus; a new date has yet to be decided  —  The National Magazine Awards scheduled for March 12 are being postponed due to the coronavirus.  —  For the first time in the 55-year history …
Discussion: WWD
Ronan Shields / Adweek:
AT&T's ad-tech unit Xandr takes a minority stake in Infosum, a first-party data platform, as the industry shifts away from third-party cookies  —  Investment heats up competition in data onboarding sector  —  AT&T's ad-tech arm Xandr has taken a minority stake in InfoSum …
Discussion: Video Ad News
David Smith / The Guardian:
Interview with Chris Wallace on cable news' contribution to a divided US, why he was horrified by Acosta's retort to Trump, lessons for 2020 election, more  —  The anchor doesn't want to talk about Ingraham, Hannity and Carlson - but he does think Jim Acosta of CNN should not be lecturing the president
Tim Warsinskey / Plain Dealer:
Cleveland's The Plain Dealer says it is laying off another 22 newsroom employees, of which 18 are unionized, leaving 77 journalists covering Northeast Ohio  —  CLEVELAND, Ohio — For more than a decade, the newspaper industry has faced a grueling uphill climb to remain financially viable in a digital age.
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 More News: 
Dan Gillmor:
In a time of dwindling resources for journalism, the need for a major journalistic collaboration on issues like COVID-19 has never been more obvious
Sarah Scire / Nieman Lab:
WaPo launches Drop Me The Link, a thrice-weekly politics newsletter with a single link to a story alongside context, aimed at younger or first-time voters
Scott Nover / Adweek:
Reddit launches Trending Takeovers, a new ad product that lets brands buy 24 hours of placement on the site's Popular feed and within its search tab
Gabriel Sherman / Vanity Fair:
Source: Trump told aides he's afraid journalists will try to purposefully contract coronavirus to give it to him on Air Force One
 Earlier Picks: 
All 4:
Dorothy Byrne to step down as Channel 4's Head of News & Current Affairs and take on the specially created role of Editor at Large for a year beginning May 1
Brian Steinberg / Variety:
PGA Tour, which organizes the main men's golf tours in the US, signs a nine year deal with CBS, NBC, and ESPN; sources say the deal is worth $680M+, up 70%
Cat Zakrzewski / Washington Post:
Twitter applied its “manipulated media” label for the first time, after a clipped video of Joe Biden was tweeted by a White House official, retweeted by Trump