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4:50 PM ET, March 30, 2020

Mediagazer

 Top News: 
Marc Tracy / New York Times:
Facebook says it will invest $100M to support the news industry during COVID-19: $25M in emergency funding for local news and $75M in additional marketing spend  —  With grants and marketing spending, the social media giant hopes to support outlets doing essential local reporting but struggling with a drop in advertising.
James Poniewozik / New York Times:
Trump has turned his coronavirus briefings into create-your-own-reality TV with the structure, intrigue, drama, rhythm, and characters of a weekly reality show  —  The coronavirus briefings have given Donald Trump a regularly scheduled reality show again — or, rather, a create-your-own-reality show.
RELATED:
Maxwell Tani / The Daily Beast:
Sources: on an internal call, Jeff Zucker defended airing Trump briefings live, arguing that viewers need to hear Trump answer tough questions from journalists  —  Zucker said on an internal staff call that he has “probably spent more time on this topic than anything else,” …
Discussion: MediaFile, @jayrosen_nyu and Variety
Maxwell Tani / The Daily Beast:
Gannett CEO announces furloughs and pay cuts across the company, says other execs will take a 25% pay cut and he won't take a salary until the cuts are reversed  —  The mass-media company, which owns many large newspapers including USA Today, announced Monday that the coronavirus downturn has forced the company to make deep cuts.
Ben Smith / New York Times:
It's time for a painful shift that means abandoning most for-profit local papers with poor business models for a national network of nimble new online newsrooms  —  The coronavirus is likely to hasten the end of advertising-driven media, our columnist writes.  And government should not rescue it.
RELATED:
Dan Kennedy / WGBH.org:
How digital-only local news outlets across the US are facing the daunting economic and logistical challenges in covering the COVID-19 pandemic
Tampa Bay Times:
The Tampa Bay Times to temporarily cut print editions to Sunday and Wednesday, says digital subscription gains are not enough to make up for advertising losses  —  Chairman and CEO Paul Tash says “extraordinary times call for extraordinary measures.”  —  The Tampa Bay Times …
The Guardian:
Ryan Parker / Hollywood Reporter:
Disney says senior executives will take temporary pay cuts with Bob Iger forgoing his entire salary and recently named CEO Bob Chapek taking a 50% pay cut  —  CEO Bob Chapek will take a 50 percent pay cut.  —  The Walt Disney Co. said on Monday that executive chairman Robert Iger will forgo …
New York Times:
Sources: Facebook's security team had disinfo concerns about The Daily Wire's sites in 2019, clashing with the policy team, which prevented action being taken  —  After spending billions to avoid a repeat of 2016, the tech giants are careening from crisis to crisis as their foes change tactics.
Megan Graham / CNBC:
Premium publishers like CNBC and NYT, seeing cutbacks in ad spending during COVID-19, ask ad tech companies to exempt them from coronavirus-related filters  —  - Online publications are seeing huge jumps in traffic, but many advertisers are blocked from appearing near content mentioning coronavirus.
David Smiley / Miami Herald:
A Miami Herald reporter was barred from Florida governor's COVID-19 briefing on Saturday; a Herald editorial last week was critical of the governor's leadership  —  A reporter for the state capital bureau operated jointly by two of Florida's largest newspapers was denied access Saturday …
 
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 More News: 
Patrick Frater / Variety:
Nine Entertainment says it aims to cut $163M from its cost base in 2020, with savings of $80M in broadcast rights costs if the National Rugby League is canceled
 Earlier Picks: 
Manish Singh / TechCrunch:
MX Player, an ad-supported video streaming service that has 175M MAUs in India, expands to new international markets including the US, UK, and Australia
Peter White / Deadline:
Q&A with Jeffrey Katzenberg on launching Quibi on April 6 in the middle of a global pandemic, why Quibi only licenses rather than owns the content, and more
Discussion: CortaCable
Elizabeth Jensen / NPR:
NPR's public editor on NPR and member stations' approaches to airing Trump's briefings, and how they square with its mission to “serve the public and democracy”
Eriq Gardner / Hollywood Reporter:
NY federal judge allows PEN America's suit against Trump to proceed over claims he violated First Amendment by revoking press badges, clearances in retaliation