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2:55 PM ET, March 25, 2020

Mediagazer

 Top News: 
Oliver Darcy / CNN:
Fox News anchors, from its supposedly hard-hitting news division, failed to challenge Trump as he repeatedly misled viewers during the coronavirus town hall  —  New York (CNN Business)Anchors at Fox News failed to meaningfully challenge President Trump as he repeatedly misled …
Todd Spangler / Variety:
Analyst estimates Facebook and Google could lose $44B+ in 2020 global ad revenue due to COVID-19; Facebook says its ad business has weakened in affected places  —  Ad spending is falling off a cliff amid the COVID-19 pandemic — and Facebook and Google, the two heavyweights in digital advertising …
Joyce Gannon / Pittsburgh Post-Gazette:
Pittsburgh-area newspapers cut staff, suspend or combine print editions, and launch fundraising appeals, as a 175-year old weekly permanently closes  —  The COVID-19 pandemic has taken a harsh toll on news media in the Pittsburgh region including layoffs, suspension of print editions and, in at least one case, permanent closure.
Elaine Low / Variety:
Discovery withdraws its previous outlook for FY 2020 and will borrow $500M to “increase its cash position and maximize flexibility” during the pandemic  —  Discovery will borrow $500 million under its credit facility to boost its cash position the latest media company to scramble to deal the ongoing coronavirus crisis.
Charlotte Tobitt / Press Gazette:
UK clears DMGT's purchase of the i newspaper; DMGT bought the i from JPI Media for £49.6M in November  —  The Government has cleared Mail and Metro owner Daily Mail and General Trust's buyout of the i newspaper after being told there were no plurality or competition concerns about the deal.
Anjuli Patil / CBC News:
Atlantic Canada's largest newspaper chain SaltWire Network says it is temporarily laying off 40% of its staff and shutting down all its weekly publications  —  All SaltWire weeklies temporarily shutting down amid loss of ads due to COVID-19  —  Atlantic Canada's largest newspaper chain …
Maxwell Tani / The Daily Beast:
Memo: BuzzFeed announces graduated salary cuts in April and May, with staffers in the lowest bracket facing 5% cuts and executives taking 14% to 25% cuts  —  Some staffers, including executives, will see a nearly 25-percent pay cut.  And one source said CEO Jonah Peretti will not take a salary as the crisis continues.
Brian Heater / TechCrunch:
Google brings its Podcasts app to iOS and unveils a redesign of Android app, with users' listening habits syncable across platforms via Google Podcasts for Web  —  Just in time for our collective house arrests, Google has unveiled a redesigned version of Podcasts.
Jim Waterson / The Guardian:
Some major towns in the UK lose their only print newspaper, leaving self-isolating older people without trusted news sources, as JPI Media suspends 12 titles  —  Many self-isolating older people left without trusted news source as presses stop rolling  —  Major towns including Milton Keynes …
BBC:
BBC News has suspended plans, announced in January, to cut 450 jobs as it faces the demands of covering the coronavirus pandemic  —  BBC News has suspended plans to cut 450 jobs as it faces the demands of covering the coronavirus pandemic.  —  The job losses were announced in January …
J. Edward Moreno / The Hill:
KUOW, a public radio station in WA, says it'll no longer air White House COVID-19 briefings due to misleading info and difficulty of fact checking in real-time  —  A public radio station in Washington state, KUOW, will no longer be airing White House press briefings on the coronavirus …
Discussion: Mediaite and Deadline
ProPublica:
In the last two weeks, several US conservative radio hosts were telling millions of listeners that the coronavirus furor is a politically motivated overreaction  —  More than 160 million Americans have been urged to stay home in what the World Health Organization has declared a global pandemic.
Jem Aswad / Variety:
Spotify unveils two initiatives to support the music community: matching donations up to $10M and plans to let artists fundraise directly from Spotify listeners  —  Spotify today announced a pair of initiatives to support the creative community in the wake of the economic impact of the coronavirus pandemic …
Discussion: Adweek, Spotify and TechCrunch
 
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 More News: 
Jill Goldsmith / Deadline:
SEC filing: Comcast has raised $4B from the sale of debt securities; the move follows Disney, which raised $6B last week
Discussion: @dylanbyers
Alex Ritman / Hollywood Reporter:
UK's public service broadcasters call on the government to financially support freelancers working in the industry “as a matter of urgency”
Keith J. Kelly / New York Post:
Esquire has quietly trimmed its print edition to six per year, down from eight, and says the reduction is not coronavirus-related but to improve print quality
Lucinda Southern / Digiday:
Subscription tech service Piano says US digital subscriptions rose 63% YoY in the past week while European newspaper subs across its network grew 267% YoY
HBO PR:
HBO says time spent with HBO Now since March 14 is up 40% from its four-week average; overall viewing across its portfolio grew nearly 20% during the same time
 Earlier Picks: 
Laura Baldwin / O'Reilly Media:
O'Reilly Media announces it is canceling all of its upcoming in-person conferences and permanently shutting down that portion of its business
Vijaya Gadde / Twitter:
Twitter is donating $500K each to the Committee to Protect Journalists and the International Women's Media Foundation
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+
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
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”
Erik Wemple / Washington Post:
Anthony Fauci conceding in an interview that Trump often provides inaccurate information is the best argument for not airing Trump's briefings on live TV
Brian Steinberg / Variety:
ABC, known for drama, is placing a heavier focus on news as broadcast networks see viewers of most-watched cable news anchors rise ~25% over past two weeks
 

 
From Techmeme:

Kate Rooney / CNBC:
Sources: Amazon plans to launch a more conversational Alexa with generative AI features later in 2024, and charge a monthly subscription to offset the cost

Kif Leswing / CNBC:
Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above estimates, and announces a 10-for-1 stock split

Emma Roth / The Verge:
Bluesky now lets users send DMs and says it's working on adding support for messages with images and end-to-end encryption

 
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