Top News:
Charlotte Tobitt / Press Gazette:
JPI Media to put 350 employees on furlough with those remaining at work getting a temporary pay cut of up to 15% for three months from April to June — JPI Media, owner of the Yorkshire Post and Scotsman titles, is putting 350 employees on furlough and cutting the salaries of those who continue working by up to 15 per cent.
Discussion:
@markdistef, @jimwaterson and @jimwaterson
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The Independent:
The London Evening Standard furloughs some employees, cuts pay over £37.5K by 20% for all others, and suspends ES Magazine as advertising “slowed dramatically” — Move taken after ‘dramatic’ hit to print advertising revenues — The London Evening Standard has furloughed …
Discussion:
Press Gazette, @markdistef and @jimwaterson
Freddy Mayhew / Press Gazette:
City AM furloughs most of staff, suspends the digital replica of its newspaper, will keep publishing on CityAM.com; staffers that remain will get 80% of salary — A majority of City AM staff will be put on furlough (paid leave) and the digital edition suspended in the latest measures …
Mark Sweney / The Guardian:
UK newspaper publishers call on advertisers to rethink the addition of coronavirus-related words to ad blacklists, as they face a digital revenue loss of £50M — Publishers struggle to make advertising revenue despite record digital readership — UK newspapers face losing £50m …
Discussion:
@pressgazette, @rasmus_kleis, @iron_emu, @drjm_fernandez, @jimwaterson, @jimallthetime, @jdaykin, @colgo, @gitagovinda and @healthuntodeath
Sara Fischer / Axios:
McClatchy says it will put its paywall back up around some coronavirus news to balance its duty to keep people informed with its need to increase subscriptions — McClatchy will put its paywall back up around some coronavirus news as it aims to balance its duty keep people informed with its need …
Discussion:
Poynter, American Press Institute, @ylichterman, @dkiesow, @ctrappe and @clancyreports
Kara Swisher / New York Times:
How Kara Swisher's mom, a Fox News fan, believed the network's misinformation about COVID-19, and how she eventually listened to others as the pandemic worsened — The network spent too long spraying its viewers with false information about the coronavirus pandemic.
Discussion:
The Wrap, @seanhannity, @seanhannity, @andylassner, @tomwatson, @hilaryr, @karaswisher, @perrettreport, @ginaspadafori, @karaswisher and New York Post
Ken Doctor / Nieman Lab:
COVID-19 has gravely accelerated the need for newsrooms to confront issues like need for talent, appropriate staff size, and cutting print days, among others — As local newspapers' businesses hit the skids, they're finding themselves careening right now into a future they'd thought was still several years away.
Discussion:
@laobserved, Columbia Journalism Review, @raju, @tmurphynz, @sarahspain, @kerrymflynn, @conor64, @kateaurthur, @joegoldman, @ckrewson, @jbenton, @brettdl, @brynstole, @ninaberries, @dannysullivan, @jadande, @jbenton, @jbenton, @jbenton, @maxwelltani, MediaPost, @emdrums and @reporterdavidj
Jessica Toonkel / The Information:
Sources: Amazon, Walmart suspend commerce marketing deals with digital media such as BuzzFeed and Vox Media; ~20% of BuzzFeed 2019 revenue came from such deals — Publishers are bracing for a pullback in advertising amid the Covid-19 pandemic. And one big shoe has already dropped …
Discussion:
Are You Engaged?, @mdudas, @ericmanlunas, @jessicalessin, @jtoonkel and @film_girl, more at Techmeme »
Amanda Meade / The Guardian:
News Corp says it will suspend printing 60 community newspapers across Australia starting next week due to ad revenue declines amid the coronavirus pandemic — Manly Daily, Wentworth Courier, Brisbane News and Mornington Peninsula Leader among titles to move online amid coronavirus fallout
Discussion:
ABC, @yathinkn, @raju, @seanthompson090 and @thetowncrier
Alex Sherman / CNBC:
Comcast CEO Brian Roberts says the company has set aside $500M for pay and benefits of employees whose jobs have been affected by the coronavirus pandemic — - Comcast CEO Brian Roberts announced he has set aside $500 million for employees whose jobs have been affected by the coronavirus.
Discussion:
Deadline, The Hill, @carlquintanilla, @thedomino and @stevekopack, more at Techmeme »
Rick Edmonds / Poynter:
Rebutting Ben Smith's idea of abandoning local papers in favor of mostly nonprofit and all-digital newsrooms: supporting local journalism needs multiple tactics — I get that your new job for The New York Times is to offer provocative takes on the media. Seven columns in, you are doing just fine with that.
Discussion:
@benyt, @brettdl, @carareports, @benyt, @benmullin, American Press Institute, The Rural Blog, @klr_editor, @sammy_roth, @cfelsenthal, @rickedmonds, @vwpickard and @elilake
Keith J. Kelly / New York Post:
Advance, owner of Conde Nast, to buy The Ironman sports group for $730M — The family behind storied magazines like The New Yorker and Vogue has agreed to buy The Ironman sports group, known for its intense races. — As part of its diversification effort away from ad-supported media …
Discussion:
Bloomberg and PR Newswire
Jim Waterson / The Guardian:
BBC says the license fee could eventually be replaced by a monthly tax on broadband connections in response to proposals to decriminalize nonpayment of the fee — Corporation responds to government plan to decriminalise non-payment of licence fee — The BBC has said the television licence fee …
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