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1:55 PM ET, March 24, 2020

Mediagazer

 Top News: 
Craig Silverman / BuzzFeed News:
The coronavirus pandemic is shaping to be much worse for news media than the 2008 financial crisis, which saw a 19% decline in newspaper revenue in the US  —  The journalists at BuzzFeed News are proud to bring you trustworthy and relevant reporting about the coronavirus.
Patrick Frater / Variety:
The Olympics postponement means hundreds of hours of lost programming and lost revenue for NBCU, which had sold 90%+ of its ad inventory, valued at $1.25B+  —  The Summer Olympic Games in Tokyo will be postponed for a year, until 2021, Japan's Prime Minister Abe Shinzo announced Tuesday.
The New York Times Company:
NYT, WSJ, WaPo publishers call on China to reverse its expulsion of their journalists: “the media is collateral damage in a diplomatic dispute”  —  The Chinese government's decision to expel American journalists amid a global pandemic threatens the world's access to critical information …
Anthony Ha / TechCrunch:
Mozilla launches Firefox Better Web with Scroll for Firefox tracking protection and Scroll's ad-free browsing experience for $2.50/mo. for the first six months  —  Mozilla just announced a new initiative called Firefox Better Web with Scroll, which combines the tracking protection built …
Ted Johnson / Deadline:
WHCA says a member of the press corps has a suspected case of coronavirus and reduces briefing room to a pool of 14 reporters  —  The White House Correspondents' Association said that a member of the press corps has a suspected case of the coronavirus and is advising journalists and others …
Discussion: Reuters and NPR
New York Times:
Facebook internal report: US users are reading more COVID-19 content from “higher-quality” sources based on its ranking of top publishers adopted last year  —  More than half of all news consumption on Facebook in America is about the virus, according to an internal report.
Ariel Shapiro / Forbes:
Streaming services see signup spikes in the past week, boosted by free trials, with Disney+ up over 300%, HBO Now 90%, Showtime 78%, Netflix 47%, Apple TV+ 10%  —  Topline: As Americans brace for spending weeks (or months) inside as the coronavirus pandemic spreads, they are subscribing …
 
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 More News: 
Andrew Chung / Reuters:
SCOTUS sends Byron Allen's $20B racial bias suit against Comcast back to lower courts, says Allen must prove that the contract was denied solely due to racism
Discussion: Forbes and Bloomberg
Todd Spangler / Variety:
Twitter withdraws Q1 guidance due to COVID-19, says it expects Q1 revenue to be down YoY but the number of monetizable DAUs has hit 164M, up 8% QoQ and 23% YoY
Poynter:
During the pandemic, newsrooms should remove paywalls so as not to miss the short window of opportunity to build trust and show the significance of their work
Cherie Hu / DJMag.com:
How Twitch is becoming an increasingly valuable way for independent electronic musicians to connect with their fans through live streaming recording sessions
Peter Kovacs / The Advocate:
The Times-Picayune and The Advocate to temporarily furlough about a tenth of their 400-member workforce with the rest on four-day workweeks
 Earlier Picks: 
Todd Spangler / Variety:
VidCon cancels its US edition, scheduled to run from June 17-20, due to the pandemic, and says it is looking to stage the event sometime in the fall
Todd Spangler / Variety:
Amazon opens up free streaming access to more than 40 children's shows, including its original series, to all customers worldwide with an Amazon account
Hillel Italie / Associated Press:
Woody Allen's memoir was released by Arcade Publishing; Allen alleges Hachette vowed to publish it despite him “being a toxic pariah and menace to society”
 

 
From Techmeme:

Bloomberg:
Terraform Labs and co-founder Do Kwon agree to pay $4.47B to resolve a US SEC lawsuit, after a jury in April found them liable for fraud following a civil trial

Sean Michael Kerner / VentureBeat:
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B

Mariella Moon / Engadget:
X says Likes are now private for everyone, meaning users are no longer able to see who liked someone else's post

 
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