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10:00 PM ET, May 13, 2020

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 Top News: 
Jeffrey A. Trachtenberg / Wall Street Journal:
Memo: Condé Nast will lay off about 100 US employees, with a similar number temporarily furloughed and a small number of staff getting reduced work schedules  —  Similar number to be temporarily furloughed as advertising slowdown takes a bite  —  Condé Nast …
Mark Sweney / The Guardian:
Allegra Hobbs / Study Hall:
Civil, which began with the intent to launch dozens of sites supported by a blockchain-based platform and the CVL token, fell short of fixing media funding woes  —  In the summer of 2017, cryptocurrency seemed like the future.  The price of Bitcoin was spiking, doubling from $2,500 in June to $5,000 by the beginning of September.
Max Willens / Digiday:
Sources: Apple is asking the publishers participating in Apple News+ for permission to produce audio versions of stories, with Apple handling production costs  —  Apple News+ is pivoting to audio.  —  Over the past several months, Apple has been asking the publishers participating …
North Carolina Community Foundation:
The NC Local News Lab Fund has established the NC Local News Workshop with a $180,000 grant to Elon University, led by interim Executive Director Melanie Sill  —  Home / News / NC Local News Lab Fund establishes NC Local News Workshop at Elon University  —  The North Carolina Local News Lab Fund …
Matt McKinney / Star Tribune:
Media analyst Owen Van Essen, president of a newspaper industry M&A firm, predicts 200 to 300 small weekly newspapers will not be around by the end of the year  —  Solid local reporting, regular coverage of business openings and ribbon cuttings, a trusted presence for decades in Washington County …
Discussion: @kellystrib
Adam Gabbatt / The Guardian:
Save our Sun, a campaign backed by Baltimore-based philanthropists, is hoping to buy The Baltimore Sun and turn it into a non-profit to avoid further cuts  —  The Baltimore Sun has just won the Pulitzer prize for local reporting, despite years of job cuts and as the coronavirus pandemic appears set …
Katie Kilkenny / Hollywood Reporter:
People magazine's digital team announces its intention to form a union with the NewsGuild, joining its print division, which unionized in the 1970s  —  Ninety-six percent of the brand's digital group employees nationwide who are eligible have signed cards indicating their interest in organizing.
Bloomberg:
Sources: Luminary Media raised $30M+ at a level below last year's $200M valuation, bringing its total raised to $160M, and is seeking more funding  —  - Startup raises more than $30 million in round, looks for more  —  Luminary Media, the money-losing podcasting startup …
Todd Spangler / Variety:
Some European Netflix users say video quality throttling is still in place, angering those who pay more for higher-quality plans  —  Facebook to Pay $52 Million to Settle Lawsuit Over Moderators' Exposure to Graphic, Disturbing Content  —  Almost two months ago, Netflix …
Bijan Stephen / The Verge:
Reports: live-streaming grew 45% between March and April, and 99% YoY; Twitch saw the highest growth, as hours watched rose 50% from March to April and 101% YoY  —  Every platform grew, but Twitch is still the biggest  —  We finally have numbers to back up the wild view counts we've seen …
Justin Baragona / The Daily Beast:
Fox News has launched a new series called COVID Contrarian on Fox Nation with notorious coronavirus skeptic and one-time NYT reporter Alex Berenson  —  Public-health experts have taken issue with the former reporter's militantly contrarian takes on the pandemic, but he's found a home in the right-wing media ecosystem.
 
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 More News: 
Katie Roof / Bloomberg:
Morning Consult, the market research startup founded in 2014, raises $31M Series A from James Murdoch's Lupa Systems and others, at a valuation of $306M
Discussion: The Media Nut
 Earlier Picks: 
Barton Gellman / Washington Post:
Adapted excerpt from the book Dark Mirror by Barton Gellman, describing working with Edward Snowden, Laura Poitras, and WaPo in the days after the NSA leak
Paul Kiel / ProPublica:
ProPublica, WaPo, Bloomberg, NYT, and Dow Jones have sued the Small Business Administration over its refusal to release details about who received PPP loans
Tim Warsinskey / Plain Dealer:
Cleveland.com will now produce all content for The Plain Dealer, 4 remaining Plain Dealer reporters have job offers at cleveland.com; union to be dissolved