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9:55 AM ET, May 22, 2020

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 Top News: 
Jack Shafer / Politico:
The layoffs and paywall at The Atlantic suggest Laurene Powell Jobs is happy to subsidize the enterprise but not interested in making it a gift to the masses  —  Billionaires who are brave enough to enter the publishing space don't mind losing money on it—they call it “investing”—until the day they do.
RELATED:
Ben Smith / @benyt:
Memo: The Atlantic is laying off 68 people across divisions, or about 20% of its staff, after collapse of its events business, with the rest getting pay cuts  —  The Atlantic is laying off about 20% of its staff — 68 people across divisions — per a memo from David Bradley, after collapse of events business. https://twitter.com/...
Lesley Goldberg / Hollywood Reporter:
ViacomCBS licenses Some Good News, John Krasinski's YouTube series that gained 2.56M subscribers in 2 months, to be shown on CBS All Access and linear networks  —  The feel-good web series will have a multiplatform showcase across all of the conglomerate's brands and platforms, though the actor …
Joe Pompeo / Vanity Fair:
Sources: Apple TV+ is in the early stages of developing a series about Gawker, with ex-Gawker staffers Max Read and Cord Jefferson working on scripts  —  Former Gawker staffers, led by Max Read and Cord Jefferson, are now developing scripts about the site's glory days skewering the powerful.
Jessica Bursztynsky / CNBC:
Netflix says it will ask customers who have been inactive for a year or more if they want to keep their subscriptions, canceling accounts that take no action  —  - Netflix will start asking customers who haven't used its platform in the past year if they want to keep their subscriptions.
Jonathan Symcox / BusinessCloud.co.uk:
Parent company of Joe.co.uk, the social news website for male millennials, enters administration, seeks a buyer, and says there are no plans for redundancies  —  Administrators seek buyer for Joe Media Limited but no redundancies planned at website with millions of monthly visitors
Discussion: @jimwaterson
Paul Bowers / Brutal South:
Digital subscriptions might keep a hungry reporter fed a few more years, but the path for local news outlets is unclear, as only a small number will sign up  —  We were watching Hoarders and a woman on the show felt like she was being persecuted by local code enforcement officers …
Bloomberg:
Sources: Apple is seeking an executive to lead its original podcasts effort and is acquiring podcasts that would tie into shows on its TV+ service  —  - Company is seeking executive to lead development of new shows  — Apple faces threat from Spotify's growing podcast ambitions
Trevor Knoblich / ONA20:
The Online News Association will host its annual conference online, Oct. 1-16, and says the event won't be as expensive as its previous physical gatherings  —  Chief Knowledge Officer Trevor Knoblich details what to expect from our global journalism innovation festival
Layla Ilchi / WWD:
Court documents: Kendall Jenner agreed to pay $90,000 to settle a suit over an Instagram post she made promoting Fyre Festival; docs say she was paid $275,000  —  The model has settled the lawsuit over her Instagram post related to the failed 2017 music festival.
 
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 More News: 
Reuters:
California to give guidelines on Monday for resuming movie and TV production in the state; Gov. Newsom says LA County would likely be excluded in first phase
Ben Norton / The Grayzone:
Richard Esposito, who covered police and security at NBC, The Intercept, and co-wrote a story that led to Reality Winner's jailing, is now NYPD's top spokesman
Oliver Darcy / @oliverdarcy:
[Thread] Washington Examiner says it will hire an HR rep and work on communication after a consultant reviewed workplace culture following claims of bullying
 Earlier Picks: 
Ashley Feinberg / Slate:
A close examination of Ben Smith's column about Ronan Farrow reveals weaknesses in Smith's indictment, including a fuzzy definition of “resistance journalism”
Matt Donnelly / Variety:
An unreleased version of Justice League, the cut by original director Zach Snyder, will be released on HBO Max in 2021, after a sustained fan campaign