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2:10 PM ET, March 28, 2020

Mediagazer

 Top News: 
Matt Wilstein / The Daily Beast:
Fox Business “parted ways” with Trish Regan; the move comes after Regan's on-air dismissal in early March of COVID-19 concerns as an attempt to impeach Trump  —  The Fox Business host was officially let go on Friday more than two weeks after she ranted against the “coronavirus impeachment scam.”
Ken Doctor / Nieman Lab:
Even as the pandemic spurs newfound value in local news, boosting digital subscriptions, publishers are uncertain they can overcome the collapse in ad revenue  —  The coronavirus pandemic is proving the value of local news to millions of readers, driving up subscriptions.  But the advertising collapse is knee-buckling.
RELATED:
Rick Edmonds / Poynter:
CEOs of News Media Alliance and the Local Media Association say they expect devastating revenue loss for members but say small publishers can still survive  —  ‘Our members have gone from a weak financial position to a horrible financial condition’  —  Leaders of associations that represent …
Discussion: @itsren, @altweeklies and @hollyanndoan
Ken Doctor / Nieman Lab:
Lily Hay Newman / Wired:
Google removes Infowars app from Play Store, citing misinformation, after a video posted in the app disputed the need for measures to contain the coronavirus  —  Apple kicked Alex Jones out of the App Store in 2018.  The Google Play Store has finally followed suit.
Patrick Brzeski / Hollywood Reporter:
China shuts down all cinemas again, after reopening 600 of them over the past week, without providing an official explanation for the shut down  —  Over the past two weeks, movie theaters had begun to gradually reopen in the country.  No reason was given for the abrupt reversal …
Kerry Flynn / CNN:
Digital media like BuzzFeed, Group Nine, and Vice were all expected to earn profits in 2020, but now executives warn staff of layoffs while publicly keeping mum  —  New York (CNN Business)2020 was supposed to be a banner year for digital media.  BuzzFeed, Group Nine, and Vice each indicated …
National Geographic Society:
National Geographic Society launches a global fund for journalists covering COVID-19, with an emphasis on underserved groups and funding from $1,000-$8,000  —  Please note: This call for proposals will be reviewed on a rolling basis.  Applications may be submitted until further notice.
Ashley Carman / The Verge:
Facebook to add new features to make Live easier to use, including an audio-only mode, automatic closed captions, and letting logged-out users watch streams  —  Automatic closed captioning and an audio-only mode  —  COVID-19 and its resulting social distancing measures have inspired lots …
Cynthia Littleton / Variety:
ViacomCBS withdraws 2020 financial guidance, says it has a $3.5B credit facility, and expects 16M US streaming pay subscribers and 30M Pluto MAUs by end of 2020  —  ViacomCBS on Friday became the latest media giant to warn investors about the grave threat to its business operations posed …
 
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 More News: 
Beatrice Verhoeven / The Wrap:
Disney closes California's Disneyland and Florida's Disney World indefinitely, after initially planning to close through March, will pay staff through April 18
María Ramírez / Nieman Reports:
A look at eldiario.es in locked-down Madrid, an outlet founded by journalists in 2012 with no paywall, supported by memberships that provide a third of revenue
Jon Porter / The Verge:
Disney-owned digital movie locker service Movies Anywhere is launching its first smart TV app, on LG TVs
 Earlier Picks: 
Bloomberg:
Sources: Media M&As worth $5B+ are on hold with ViacomCBS pausing the sale of Simon & Schuster, AT&T of 4 RSNs, and Black Diamond of Ion Media
Facebook Grant Program:
The Facebook Journalism Project announces first round of $5,000 grants to North American local newsrooms for costs associated with COVID-19 pandemic coverage