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8:15 PM ET, May 15, 2020

Mediagazer

 Top News: 
@kerrymflynn:
Vice to lay off 55 in the US and ~100 globally, citing the fact that digital organization accounts for 50% of headcount costs but brings in about 21% of revenue  —  Vice CEO Nancy Dubuc on layoffs: 55 in US + ~100 globally: “The reality is that some tough decisions had to be made primarily around our digital teams. Currently, our digital organization accounts for around 50% of our headcount costs, but only brings in about 21% of our revenue” https://twitter.com/...
Chris Roush / Talking Biz News:
The Economist Group is laying off 90 employees, about 7% of its workforce, none of whom are editorial staff, and ending the print edition of the 1843 magazine  —  The Economist Group said Friday that it is laying off 90 staffers, or just less than 7 percent of its 1,300-person workforce.
Joe Pompeo / Vanity Fair:
Sources: NYT is getting under the skin of BuzzFeed staff by raiding BuzzFeed talent and sometimes re-reporting BuzzFeed stories with little credit  —  Poaching employees and rereporting other outlets' stories is in the Times DNA, and BuzzFeed is now in the crosshairs.
Wall Street Journal:
How “reputation managers” abuse DMCA notices to remove unwanted links from Google; Google restored 52K+ links and identified 100+ new abusers after a WSJ review  —  Dubious copyright complaints citing 1998 law led the search giant to make unfavorable articles vanish
Marc Tracy / New York Times:
Reporters in the US and abroad face altercations with anti-lockdown protestors, an extension of the general antagonistic feeling toward journalists  —  Journalists covering the pandemic have faced the wrath of people who are against social-distancing restrictions.
Bloomberg:
SensorTower: downloads of the Pluto TV app more than tripled to 3M in April from 900,000 in January; signups for Tubi rose 30% to 4M, Vudu's grew 55% to 673,000  —  - No-cost platforms are getting better content, bigger audiences  — Viewers of Pluto TV increased 55% to 24 million in March
Discussion: @gerryfsmith and @ediggs
Melynda Fuller / MediaPost:
Microsoft expands partnership with NewsGuard, which rates news site credibility, making NewsGuard's extension free for Edge browser users on desktop and mobile  —  NewsGuard Technologies is expanding its partnership with Microsoft through browser expansions, adoption in new programs and continued sponsorships.
Tristan Loper / News Revenue Hub:
News Revenue Hub, which helps news outlets with fundraising, says newsrooms that it works with raised $3.8M from donors since the beginning of March  —  The financial fallout from the coronavirus pandemic for news media has made one thing clear: Readers are ready to support vital reporting they need and trust.
Caysey Welton / Folio:
Meredith Q3: earnings of $151.8M, down 5.5% YoY, on revenue of $701.7M, down 6.5% YoY; ad revenue hit $332.1M, down 9.8% YoY; licensing revenue grew 27% YoY  —  After a few days of delay, Meredith released its Q3 earnings, which closed on March 31.  Starting with the bottom line …
Discussion: WWD and Motley Fool
 
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 More News: 
European Journalism Covid-19 Support Fund:
European Journalism Centre and Facebook Journalism Project announce 57 outlets receiving grants of €10K or €25K to address business needs caused by COVID-19
Jon Lafayette / Broadcasting & Cable:
Extreme Reach: in Q1, share of CTV ads among digital video ads fell to 37%, down 21% from Q4; 30-second ads accounted for 77% of all digital video ads, a record
Sahil Patel / Wall Street Journal:
Integral Ad Science, which offers ad-verification services and is used by marketers to avoid unwanted ad placement, is laying off about 10% of its 700 employees
Discussion: Adweek
Ben Thompson / Stratechery:
Forcing Facebook and Google to pay for news could lead to uncritical reporting on tech; better approaches would tackle roots of media woes, including ad markets
 Earlier Picks: 
Greg Sargent / Washington Post:
By using phrases like “raises new questions”, media is repeating mistakes of 2016, giving unearned credibility to political attacks in the guise of objectivity
Emil Protalinski / VentureBeat:
From August, Chrome will start blocking ads that consume 4MB of network data, 15 seconds of CPU usage in any 30 second period, or 60 seconds of total CPU usage
@kerrymflynn:
Quartz CEO says even with 17K paid subscribers, the company is laying off 80 staff, closing physical offices in four locations as it seeks profitability by 2022