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9:35 AM ET, April 23, 2021


 Top News: 
Washington Post:
Some staff at a think tank called No Labels have objected to its hiring of Mark Halperin, fired in 2017 by NBC and MSNBC after accusations of sexual misconduct  —  A nonpartisan political organization is facing blowback from its employees after hiring journalist Mark Halperin …
Joshua Benton / Nieman Lab:
A look at the flaws in the study claiming a gap between Americans and the values espoused by journalists, whose conclusions aren't quite supported by its data  —  A study that seemed to claim they had was treated as “bad news for journalists: the public doesn't share our values.”
Allissa V. Richardson / Vox:
TV news outlets should be fined under the Broadcast Decency Enforcement Act for airing fatal police shootings, footage that doesn't deserve casual viewing  —  What's the purpose of sharing violent police videos anymore, other than to traumatize Black communities?  —  George Floyd cried out for his mother in his final moments.
Ashley Carman / The Verge:
Instagram says it's going to start testing ads in Reels in India, Brazil, Germany, and Australia before expanding to other countries  —  Plus a test of Sticker ads  —  Instagram puts ads just about everywhere in its app, and now, they're coming to Reels.  The company says today it'll start testing ads …
Discussion: Reuters
Charlie Warzel / Galaxy Brain:
Charlie Warzel says his Substack newsletter has steady growth, though Glenn Greenwald called its start “slow”, as some see it as a test case for ex-NYT writers  —  There are hundreds of us...*HUNDREDS! … Welcome to Galaxy Brain, where we're off to a very slow start.
Sarah Perez / TechCrunch:
Facebook launches a series of global News Feed ranking tests to solicit user feedback on posts they're seeing and what posts users find valuable  —  Facebook may be reconfiguring its News Feed algorithms.  After being grilled by lawmakers about the role that Facebook played in the attack …
Nieman Lab:
A study based on interviews with 488 readers in the US and four other countries explores why people still get print newspapers, including to fire up the grill  —  The persistence of print — and why it matters  —  In a digital era dominated by mobile and social media, why do people still get print newspapers?
Steven Perlberg / Insider:
A look at Government Executive, now GovExec, whose publications cover federal government and which made $20M in revenue last year with a 20%+ profit margin  —  - GovExec expects to make more than $30 million in revenue this year.  — The company has a profit margin north of 20%, its chairman said.
Salvador Rodriguez / CNBC:
Snap Q1: revenue of $770M, up 66% YoY, DAUs up 22% YoY to 280M, and free cash flow hit $126M, its first quarter of free positive cash flow as a public company  —  - Snap's stock rose in after-hours trading on Thursday after the company reported its first-quarter results despite beating Wall …
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Major news publishers grow revenue with a blend of subscriptions and advertising  —  Subscription models aren't right for every publisher, but some are building robust advertising and subscription businesses alongside each other.
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 More News: 
New York Times:
How the European Super League for soccer collapsed under pressure from fans, players, governments, TV networks, and sponsors in 48 hours
Marty Swant / Forbes:
Atmosphere TV, a streaming service that provides audio-optional content supported by ads, raises $25M Series B from Valor Equity at a valuation of $275M
Discussion: PR Newswire
Andy Robinson / VGC:
Sony confirms it is testing PlayStation Plus Video Pass, which lets PS Plus subscribers access over 20 movie and TV shows from Sony Pictures, in Poland
Jabari Young / CNBC:
Overtime, which distributes sports content on social media, raises $80M Series C, part of which will fund its basketball league for 16-to-18-year-olds
 Earlier Picks: 
Katie Robertson / New York Times:
NYT says it won't voluntarily recognize the NYT tech workers' union, telling it to put the effort to a formal vote through the NLRB
Todd Spangler / Variety:
AT&T Q1: WarnerMedia revenue was $8.5B, up 9.8% YoY; DTC subscription revenue was $1.8B, up 35.3% YoY; HBO Max/HBO added 2.7M subscribers for a total of 44.2M
Robert Channick / Chicago Tribune:
Tribune Publishing sets May 21 date for shareholders to vote on a deal to sell the Chicago-based newspaper chain to hedge fund Alden Global Capital for $633M