Top News:
emptywheel:
NYT, WaPo, NBC have once again opted for a both sides approach in their coverage of Trump's suggestion of ingesting disinfectant as coronavirus treatment — Last night, an increasingly desperate President went on live TV and advised that people might try ingesting disinfectant to cure COVID-19.
Discussion:
@nytimes, @jasonpatinkin, New York Times, Vanity Fair, @dynamicsymmetry, @jeremyfaust, The Wrap, @jessphoenix2018, NPR, @juliancastro, @ggreeneva, @drvox, @doctorow, @davidlaz, @samwangphd, Raw Story, @classiclib3ral, @ashleyfeinberg, @doctorow, @mattgoldberg, @dankennedy_nu, @jonahdispatch and @tusk81
Lauren Feiner / CNBC:
AT&T CEO Randall Stephenson to step down, President and COO John Stankey will take over the position on July 1 — Randall Stephenson, chairman and chief executive officer of AT&T Inc. — AT&T announced CEO Randall Stephenson will step down. President and COO John Stankey will take over the position on July 1.
Discussion:
The Wrap, @cnbc, CNBC, Variety, @mattrosoff, AT&T, @pkafka, Light Reading, Politico, Axios, The Verge, TechCrunch, @davidschawel, @felixsalmon, @cnschedules, @ryanforsmyrna and Fast Company, more at Techmeme »
Poynter:
Gannett laid off an undisclosed number of staff across its papers on Friday; source: the cuts relate to its integration with GateHouse following its 2019 merger — Gannett merged with GateHouse in late 2019 to become the largest newspaper chain in the U.S. with 261 newspapers in 46 states
Adi Robertson / The Verge:
A group of 75+ scholars and non-profits urges social media companies to preserve data on content removal during the pandemic and make it available for research — The data provides an ‘unprecedented opportunity’ — A group of scholars and nonprofit organizations have asked web platforms …
Discussion:
@epirkova, @accessnow, Committee to Protect …, Center for Democracy …, @mollyjongfast, @holden and @aaronmiller
Todd Spangler / Variety:
In Q1, revenue for Verizon Media came in at $1.7B, down 4% YoY, due to decline in ad rates; FiOS TV lost 84K subscribers — Verizon posted first-quarter 2020 revenue of $31.6 billion, down 1.6%, citing the impact of the coronavirus pandemic for the miss on Wall Street expectations.
Discussion:
Verizon, Multichannel News, Light Reading, ZDNet, The Verge and Protocol
Greg Dool / Folio:
Executive Media launches MagBox, a subscription-based bundle of five niche magazines from different independent publishers, mailed every two months for $40/year — Unlike most mass-market magazine publishers, whose print books generally depend far more on subscriptions and advertising revenue …
Discussion:
@foliomag and @glecharles
Gerry Smith / Bloomberg:
A look at Luminary Media, a year after its launch as “the Netflix of podcasting”: company says subscriber base grew by 14% in the past six weeks amid lockdown — No ads. No Axelrod. No problem. New CEO is gung-ho on subscription model — When Luminary Media launched in April 2019 …
Discussion:
@felixgillette, @lucas_shaw and @gerryfsmith
Sara Jerde / Adweek:
WaPo's ad tech platform, Zeus, has now signed on more than 50 publishers, including Snopes.com, Bonnier, and the Dallas Morning News — Snopes is the latest client to find success — Key insights: — Large media companies are building and licensing their own in-house tech to compete with Google and Amazon.
Jeremy Klaszus / @klaszus:
[Thread] Spruce founder details how the digital outlet was excluded from Canada's Local Journalism Initiative, which he says is crafted by and for legacy papers — Soooo the newspaper lobby group administering the Local Journalism Initiative (LJI) for the Canadian government explicitly barred @sprawlcalgary from eligibility for federal funds. Don't know whether to laugh or cry. THREAD
Discussion:
@farhanmohamed, @achurrell, @erinmillar and @jessebrown
Adam Uren / Bring Me The News:
Minnesota's Eden Prairie News and Lakeshore Weekly News close; they were among the 11 papers Alden's MNG acquired in February when it bought Red Wind Publishing — The two papers cover the Lake Minnetonka and Eden Prairie areas. — Two west metro newspapers are the latest victims …
Discussion:
SWNewsMedia.com
Josh Constine / TechCrunch:
Leaked images from 2019 show Google considered a feature that let users tip money to websites like Wired or NYT as part of its Contributor program — Leaked images obtained by TechCrunch reveal that Google considered and designed a feature that would let people donate money to websites …
Discussion:
@joshconstine, @brianroemmele, Android Central, @jonrussell, @jason_kint, @tedgioia, @joshconstine and @joshconstine, more at Techmeme »
Mike Fleming Jr / Deadline:
Universal Pictures seals a 5-year exclusive deal with LEGO Group for film development, production, and theatrical distribution — EXCLUSIVE: Universal Pictures has completed a five-year exclusive deal with the LEGO Group that will lead to the development, production and theatrical distribution …
Discussion:
Gizmodo, The Playlist, The Wrap, @drewtailored, ComingSoon.net, Fortune, /Film, Hollywood Reporter and Comic Book Movie
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