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4:35 PM ET, October 1, 2020

Mediagazer

 Top News: 
Sara Fischer / Axios:
Google will pay publishers $1B+ through 2023 to create and curate high-quality journalism for the new Google News Showcase, starting in Germany and Brazil  —  Google will pay publishers more than $1 billion over the next three years to create and curate high-quality journalism for a new set …
The GroundTruth Project:
A coalition representing 3,000+ US newsrooms is pushing a way to support local journalism with tax credits for subscriptions or donations to nonprofit newsrooms  —  A coalition representing more than 3,000 local newsrooms today took the unusual step of backing a plan for the government …
Dade Hayes / Deadline:
In letter to Congress, directors and Hollywood trade bodies say 69% of small and mid-sized theater companies will go bankrupt or shutter without government help  —  Dozens of established filmmakers joined with the Directors Guild of America, the National Association of Theater Owners …
Francesca Chambers / @fran_chambers:
RELATED:
Brian Stelter / CNN:
Nielsen: 73M+ people watched the first Trump-Biden debate across 16 TV channels, lower than the first Trump-Clinton debate, but higher than almost all others
Tiffany Hsu / New York Times:
Hundreds of thousands watched the Trump-Biden debate on Twitch, with streamers who normally narrate gaming sessions providing real-time commentary
Margaret Sullivan / Washington Post:
Failing some radical reform in the debate format that gives moderators more power, there's no reason for the next two debates to take place as scheduled
Michael M. Grynbaum / New York Times:
Moderating his second presidential debate, Fox News anchor Chris Wallace struggled to keep the event coherent, pleading at times with Trump to let Biden speak
Michael M. Grynbaum / New York Times:
In an interview on Wednesday, Chris Wallace conceded he was initially reluctant to step in during the Trump-Biden debate, saying he doesn't favor muting mics
Freya Drohan / Daily Front Row:
Condé Nast hires its first-ever chief of diversity and inclusion officer, Yashica Olden, and reverses the pay cuts it implemented in April  —  Condé Nast has announced Yashica Olden as its global chief diversity and inclusion officer, a new role recently created by the legacy publishing company.
Discussion: WWD
Erik Wemple / Washington Post:
Questions have arisen before about the reporting of NYT's Rukmini Callimachi, whose work faces review after charges against a character in her Caliphate podcast  —  In May 2018, Rukmini Callimachi, a star reporter for the New York Times, faced some questions about her reporting.
Maxwell Tani / The Daily Beast:
Essence magazine furloughs some staff but says it doesn't anticipate the furloughs lasting longer than six months  —  MAJOR LOSSES  —  One of America's oldest and best-known major publications dedicated to Black women readers has furloughed some staff.  In a press release on Tuesday …
Discussion: The Hill, Essence and The Wrap
Knight Foundation:
Knight Foundation renews investment in the UNC Center for Innovation and Sustainability in Local News, working with Table Stakes, with $2.23M for three years  —  A new $2.23 million Knight Foundation investment will support the UNC Center for Innovation and Sustainability in Local News and Table Stakes Newsroom Initiative
Discussion: @knightfdn
Kayleigh Barber / Digiday:
Marc Rosen, EVP of entertainment for Authentic Brands Group, says Sports Illustrated is profitable, due in large part to 15 active licensing deals for the brand  —  When Sports Illustrated was purchased by Authentic Brands Group for $110 million from Meredith in May 2019 …
Lesley Goldberg / Hollywood Reporter:
ABC is instituting inclusion standards, overseen by Executive VP Simran Sethi, to increase inclusion of underrepresented groups on screen and behind the screen  —  Exec vp development and content strategy Simran Sethi has been working alongside entertainment president Karey Burke on the detailed protocols for a year.
Charlie Beckett / Polis:
Sweden's national radio broadcaster is pairing journalists' pre-publication ratings of news stories with an algorithm to improve the personalization for users  —  How can we produce more relevant news stories and at the same time promote the values of outstanding public service journalism?
Sara Fischer / Axios:
FuboTV launches NYSE public offering with plans to sell 15M shares priced between $9 and $11/share and projects Q3 revenue between $50M and $54M, up ~30% YoY  —  FuboTV, a digital TV service created as a cable replacement with a focus on sports, announced on Thursday that it's launching a public offering on the New York Stock Exchange.
Benjamin Wallace / New York Magazine:
A look at Troy Young's tenure at Hearst, his clashes with editors and staff, initial success with digital profits, and the company's status since his departure  —  On the evening of July 22, a New York Times story began pinging around among employees of Hearst Magazines, one of the few surviving titans of the magazine era.
 
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 More News: 
Ainsley Harris / Fast Company:
Profile of NYU marketing professor Scott Galloway, who sometimes draws hate from SV investors and reaches a large audience via podcasts, social sites, and more
 Earlier Picks: 
Janko Roettgers / Protocol:
Google unveiled its new streaming dongle, Chromecast with Google TV, which combines Chromecast tech with a redesigned Android TV interface emphasizing content
Reuters:
Reuters launches The Great Reboot, a vertical to cover the transformation of workplaces due to COVID-19
Discussion: Talking Biz News
Lukas I. Alpert / Wall Street Journal:
Sources: Axios is on target to make a profit in 2020, with ~$58M in revenue, up 30%+ YoY, due to sponsored-newsletter business that contributes 50%+ of revenue