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3:25 PM ET, July 2, 2020

Mediagazer

 Top News: 
Robert Channick / Chicago Tribune:
Tribune Publishing adds Alden Global Capital's co-founder, Randall Smith, to board, giving Alden 3 of 7 seats, and caps Alden's stake at 33% for another year  —  Tribune Publishing has struck a deal with its largest shareholder, Alden Global Capital, that adds the hedge fund's co-founder …
Judd Legum / Popular Information:
Facebook says it now finds that there is an undisclosed financial relationship between The Daily Wire and Mad World News and will temporarily demote the latter  —  The Daily Wire's Ben Shapiro (Photo by Rich Polk/Getty Images for Politicon)  —  Facebook has concluded there is an undisclosed …
J. Clara Chan / The Wrap:
LA Times food editor Peter Meehan has resigned after a series of tweets on Monday alleged that he fostered an abusive workplace environment for his staff  —  The Los Angeles Times' food editor, Peter Meehan, has resigned from the paper after being accused on social media of fostering an abusive work environment for his employees.
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VICE:
Over 40 sources detail discontent at Los Angeles Times, which hired Norman Pearlstine to fix a chaotic newsroom; some staff are frustrated at too little change
Jack Shafer / Politico:
Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they'll be back, and Facebook will emerge stronger  —  Every day, it seems, another major corporation joins the advertiser boycott against Facebook.  First came The North Face, REI and Patagonia.
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CNN:
Of the top 25 Facebook advertisers in 2019, which include Uber and Netflix, only three, Microsoft, Starbucks, and Pfizer, have said they are pausing ad spending
Reuters:
400+ advertisers suspend Facebook ads for a month, as sources say talks with some advertisers broke down; Zuckerberg has agreed to meet with boycott organizers
Maiysha Kai / The Glow Up:
Following the publication of an open letter alleging mistreatment, misconduct, and mismanagement at Essence, the outlet names Caroline Wanga interim CEO  —  The pioneering and still most prominent media brand for Black women will once again have one at the helm—at least, for the immediate future.
Jim Waterson / The Guardian:
The BBC is laying off 450 people, representing a sixth of BBC England staff, to save £25M, per NUJ, and axing regional news show Inside Out  —  Well-known local presenters to lose jobs and concerns raised about news quality  —  The BBC is to make 450 staff working on its regional programmes …
Dominic Ponsford / Press Gazette:
The New Statesman says it is dropping all network advertising from its site and announces it has passed 30,000 paid subscriptions for the first time in 40 years  —  The New Statesman has revealed that it is dropping all network advertising from its website as Covid-19 has “accelerated a number of trends in business and society”.
Discussion: New Statesman and New Statesman
Brian Schwartz / CNBC:
In a letter to Michael Pack, senators from both parties voice concerns about Pack's firing of longtime USAGM leaders and say they'll review the agency's funding  —  - Sens. Lindsey Graham, Marco Rubio and a bipartisan group of senators say they are planning to review the U.S. Global Agency …
Discussion: @schwartzbcnbc
Manish Singh / TechCrunch:
Facebook says it is shutting down Lasso, its TikTok clone launched a year and a half ago, on July 10  —  Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok .  The social juggernaut's TikTok clone is shutting down on July 10, Lasso alerted users on Wednesday.
Sara Fischer / Axios:
Twitter removed a picture from a Trump tweet after receiving a DMCA complaint from the NYT, which owns the rights to the photo taken in 2015 by Damon Winter  —  Twitter has removed a picture from a tweet by President Trump on Tuesday after it received a Digital Millennium Copyright Act …
New York Times:
NY appellate judge rules that Simon & Schuster can go ahead with publishing Mary Trump's book, reversing a lower court that had temporarily halted publication  —  The decision reversed a lower court's ruling that had temporarily halted publication of the book by the president's niece …
Alex Weprin / Hollywood Reporter:
Fox News says it has fired America's Newsroom anchor and former chief White House correspondent Ed Henry over sexual misconduct claims  —  The network says it terminated the former chief White House correspondent after receiving a complaint from a former employee's attorney.
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Julie Posetti / CNN:
Sources: Maria Ressa told Facebook execs in 2018 that “I could go to jail” if no changes were made about misinformation and threats against her and her staff