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7:35 AM ET, April 22, 2020

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 Top News: 
Lauren Feiner / CNBC:
Netflix reports Q1 revenue of $5.77B, up 27.6% YoY, vs $5.76B est., global paid net subscriber additions of 15.77M, now totaling 182.86M accounts, up 22.8% YoY  —  - Netflix reported its Q1 2020 earnings after the bell on Tuesday.  — Netflix has ranked among analysts' favorite …
@kerrymflynn:
[Thread] Internal memos: Politico lays off 13 at Protocol as it cancels live events through at least Sept. 1, including its presence at political conventions  —  Didn't want to break this media news earlier because of my major conflict of interest. But I'm really sad to see another round of harsh cuts at a media company (and a new one at that!). 13 people, incl editors + reporters, lost their jobs at Protocol today https://twitter.com/...
Wall Street Journal:
Internal planning document for Vice Media Group lays out the possibility of layoffs of 300+ in digital operations, including cuts at Vice News and Refinery29  —  Planning document calls for over 300 layoffs, though company says several such proposals are being worked up
Dade Hayes / Deadline:
AT&T offers free HBO Max to “tens of millions” of customers, including wireless and internet subscribers, as it aims for 75M to 90M HBO Max subscribers by 2025  —  AT&T will offer WarnerMedia's HBO Max free or via promotion to “tens of millions” of its U.S. wireless, video and internet customers
RELATED:
Hollywood Reporter:
HBO Max to launch on May 27 for $15 per month with 10,000 hours of programming
Mandy Jenkins / The Compass Experiment:
The Compass Experiment, McClatchy and Google's digital local news initiative, plans to launch the Longmont Leader in Colorado in May with a team of five  —  We're launching The Longmont Leader to provide critical news and information during this time of crisis — and beyond.
Jim VandeHei / Axios:
Axios says it qualified for a PPP loan “just shy of $5M” as it is both a media company and a small business with a national presence  —  Axios is among the small businesses that qualified for a PPP loan to protect existing jobs and help weather the coronavirus crisis.
Discussion: CNBC and @brianstelter
Lucas Shaw / Bloomberg:
Snap Inc.:
Snap reports in Q1 DAUs increased 20% YoY to 229M, revenue increased 44% YoY to $462M, time spent watching Discover content rose 35%+; stock up 19%+ after hours  —  Daily Active Users increased 20% year-over-year to 229 million First quarter revenue increased 44% year-over-year to $462 million …
Charlotte Tobitt / Press Gazette:
Jewish News to continue publishing after the collapse of the merger with the Jewish Chronicle, which was acquired by a consortium and will go into liquidation  —  The Jewish News is back to “business as usual” despite bidding farewell to readers with last week's paper, as plans to merge …
Discussion: The Times of Israel
Issie Lapowsky / Protocol:
A behind-the-scenes look at the Facebook News team's early response to COVID-19, including a push to make news more prominent in the Information Center  —  Anne Kornblut was working from home when the crushing headache set in.  It was early March, and she had a battery of calls to get through …
 
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 More News: 
Variety:
Georgia to let movie theaters reopen April 27, but hiring staff, safety protocols, a lack of new releases, and limits on crowd sizes pose significant challenges
Marc Tracy / New York Times:
NPR cuts CEO pay 25% and reduces other executives' salaries between 10% and 15%, but CEO says there are no layoffs planned at the moment
Seb Joseph / Digiday:
YouTube says it's working on letting advertisers use keyword or contextual targeting to decide what posts their ads will appear on before running them
Chris Welch / The Verge:
Sonos launches Sonos Radio, a free streaming radio service preloaded in the Sonos app, with 60K+ stations from multiple partners alongside original programming
 Earlier Picks: 
Reporters Without Borders:
RSF's 2020 World Press Freedom Index shows correlation between COVID-19 news suppression and ranking; global indicator rose 0.9% YoY, but is down 12% since 2013
Columbia Journalism Review:
Journalists should extract lessons from the COVID-19 crisis that they can apply to covering climate change, which has eerily similar dynamics
Brian Steinberg / Variety:
Michael Jordan docuseries “The Last Dance” debuts to an average 6.1M viewers across ESPN and ESPN 2, the most-viewed original content on the network since 2004
Sarah Perez / TechCrunch:
NBCUniversal's movie ticketing company Fandango has agreed to buy Walmart's on-demand video streaming service Vudu for an undisclosed sum