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11:15 AM ET, June 11, 2021

Mediagazer

 Top News: 
Alex Barker / Financial Times:
NewsCorp subsidiary News Group Newspapers reports loss of £201M for FY 2020, forcing it to write down The Sun by £84M, as pandemic hits circulation and ads  —  Pandemic hits circulation and advertising at tabloid newspaper that helped build media baron's empire
Washington Post:
New reporting on the possible origins of the coronavirus has led to news outlets amending headlines and stories from last year with softer language  —  Early last year, New York Times science writer Donald G. McNeil Jr. reported on a controversial theory about the coronavirus that had begun …
Brian Stelter / CNN:
Jeffrey Toobin, fired by The New Yorker and suspended by CNN after exposing himself in a Zoom call with colleagues, returns to CNN as chief legal correspondent  —  New York (CNN Business)Jeffrey Toobin, CNN's longtime chief legal analyst, has returned to the network eight months …
Jack Morse / Mashable:
Twitter says it will add a newsletter subscribe button to user profiles in the coming weeks, available to those with a Revue account; Twitter will take a 5% cut  —  Newsletters are coming to a Twitter profile near you.  Or, at least the chance to sign up for them is.
John Gramlich / Pew Research Center:
To determine a story's trustworthiness, half of US adults consider the outlet an important factor, 47% cite the sources quoted, and 30% cite their gut instinct  —  Americans see a variety of factors as important when it comes to deciding whether a news story is trustworthy or not …
Axios:
Sources: Fox and News Corp lobbyists have been urging Republican Congress members to support soon-to-be-introduced tech antitrust bills spearheaded by Democrats  —  Lobbyists for Rupert Murdoch's media companies are appealing to House Republicans to support antitrust bills meant to restrain Big Tech companies, sources tell Axios.
Ryan Browne / CNBC:
Google commits to involve UK's competition and privacy regulators in the development of its Privacy Sandbox proposals to replace third-party cookies on Chrome  —  - Google will give the U.K.'s Competition and Markets Authority a say in its plans to replace third-party cookies on Chrome.
Tim Ingham / Music Business Worldwide:
Sony Music to disregard unrecouped balances for heritage catalog artists; artists who last received an advance before 2000 to receive streaming, other royalties  —  Sony Music has today (June 11) made an announcement that will be talked about by the music business for years to come.
Todd Spangler / Variety:
PopSugar founder Lisa Sugar is stepping down from day-to-day management and will remain part of leadership at Group Nine, which acquired PopSugar in 2019  —  Lisa Sugar, more than 16 years after launching PopSugar as an entertainment blog, has stepped away from day-to-day management of the brand.
Discussion: @xpangler
Sara Fischer / Axios:
Journalist and author Kyle Chayka says he made $33K in one week selling 131 NFTs to fund two months of his daily entertainment and culture newsletter Dirt  —  Independent journalist and author Kyle Chayka has funded two months of his daily entertainment and culture newsletter “Dirt” using only NFTs (non-fungible tokens).
 
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 More News: 
Medium:
Over 400 journalists sign a letter calling for an immediate change in coverage of the Israeli-Palestinian conflict, including some from WaPo, WSJ, NYT, LA Times
Jeff Kotuby / The Streamable:
ZEE5, a streaming service with Indian, Pakistani, and Bangladeshi movies and shows, launches in the US on June 22, offering content in 18 languages for $50/year
Discussion: Forbes and Variety
Adam Jacobson / Radio & Television Business Report:
BIA: local TV station revenue reached $19.7B in 2020, up from $18.3B in 2019, with political advertising accounting for $4.4B and offsetting pandemic losses
 Earlier Picks: 
Pew Research Center:
11% of news stories about the Biden administration during the first two months relied on anonymous sources; 5% in right-leaning and 13% in left-leaning outlets
Mark Schoofs / New York Times:
BuzzFeed EIC says Biden should pardon Natalie Mayflower Sours Edwards, who was sentenced to six months in prison for passing Treasury documents to BuzzFeed News
New York Times:
Netflix launches an online store with Shopify, featuring merch tied to its shows, expanding its retail business which includes deals with Walmart and others
Steve Dent / Engadget:
NMPA files a $200M lawsuit against Roblox for alleged music copyright infringement, and launches a “major ramp-up” of its takedown campaign against Twitch
Committee to Protect Journalists:
Joel Simon will step down as executive director of CPJ by the end of 2021; Kathleen Carroll will lead a committee of board members to identify a successor