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4:05 PM ET, April 24, 2020

Mediagazer

 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.
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.
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.
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 …
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 …
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
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
Hollywood Reporter:
Q&A with Pradeep Dwivedi, CEO of Eros International's India division, about its STX Entertainment merger, accusations of accounting irregularities, and more  —  Pradeep Dwivedi says the two companies can complement each other in a bid to expand in India, appeal to Chinese sensibilities and compete with the streamers.
Megan Graham / CNBC:
Google to require all advertisers to verify their identities, starting in the US; existing advertisers will have 30 days to complete the verification process  —  - Google began requiring political advertisers wanting to run election ads on its platform to verify their identity back in 2018.
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 …
Sam Kille / Report for America:
Report for America announces its 2020 corps, which comprises 225 journalists vs. 59 in 2019, to be placed in 162 outlets, and $2.5M in funding from Facebook  —  Report for America today announced the selection of 225 journalists for its 2020 reporting corps.
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 …
 
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