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8:50 PM ET, March 30, 2020

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 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.
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.
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
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 …
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.
Erik Wemple / Washington Post:
Fox News, which “parted ways” with Trish Regan, should now let go of Sean Hannity who spouted the same harmful nonsense as Regan but to a much bigger audience  —  Recent personnel actions at Fox just happen to have fallen when people turn away from their phones and laptops.
Ina Fried / Axios:
After changing its rules, Twitter is cracking down on COVID-19 misinformation from prominent accounts, including Brazilian President Bolsonaro and Rudy Giuliani  —  It's notable that Twitter, like other social networks, has announced stricter rules on virus-related misinformation than other types of false posts.
Andrew Chung / Reuters:
SCOTUS orders Byron Allen's $10B racial bias lawsuit against Charter Communications back to a lower court, a week after a similar ruling in his Comcast lawsuit  —  (Reuters) - The U.S. Supreme Court on Monday ordered a lower court to reconsider its decision to let comedian-turned-media …
Discussion: Law360 and Forbes
Nesrine Malik / The Guardian:
Interview with Mehdi Hasan, whose hard-hitting interviews on Al Jazeera English become regular viral hits, on why US media is almost “irredeemable” and more  —  Mehdi Hasan: 'Most people ask the question and move on.  I don't'  —  The political interviewer on how he made it in the US …
 
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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: 
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