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9:00 AM ET, May 27, 2022


 Top News: 
Benjamin Mullin / New York Times:
Sources: Substack dropped efforts to raise money, after talks to raise $75M-$100M at a $750M-$1B valuation, during which the company said 2021 revenue was ~$9M  —  Amid an industrywide downturn, venture investors are preaching austerity and halting new deals, particularly for companies that have spent aggressively on growth.
Charlotte Klein / Vanity Fair:
Some US journalists question whether showing more graphic footage would force the public and political leaders to fully confront America's gun violence epidemic  —  As journalists descend on Uvalde—as they did on Columbine, Newtown, and Parkland—some are questioning whether a more graphic approach …
BBC Media Centre:
The BBC details its budget cuts: laying off up to 1,000 people over the next few years, merging World into News, making CBBC and BBC 4 online-only, and more  —  The plan focuses on creating a modern, digital-led and streamlined organisation that drives the most value from the licence fee and delivers more for audiences
Daniel Keane / London Evening Standard:
The UK launches a review of the BBC's impartiality and effort to build a diverse workforce, adding a goal of 25% staff to be from low socioeconomic backgrounds  —  C  —  ulture Secretary Nadine Dorries has launched a mid-term charter review of the BBC which will “consider if reforms …
Discussion: Reuters
Teresa Carr / Undark Magazine:
The Online News Association's “3M Truth in Science Award” raises an ethical dilemma since 3M, the sponsor, has a history of lying about its scientific findings  —  Does the ONA's “3M Truth in Science Award” imply that journalists and chemical companies are interested in telling the same story?
Isobel Koshiw / The Guardian:
A look at Ukraine's wartime United News, in which the country's main TV channels broadcast the same content; some call the unified news coverage propagandistic  —  State-backed broadcast has strategic and practical justifications but some see it as dangerous monopoly
Angela Fu / Poynter:
Outside, publisher of Outside and other magazines about the outdoors, is laying off 66 of its roughly 580 full-time staff as it shuts down three publications  —  The news comes just months after Outside magazine editorial staff decided to pause their union drive.
Elahe Izadi / Washington Post:
How a 2019 joint investigation by the San Antonio Express-News and the Houston Chronicle led to the disclosure of sex abuse by Southern Baptist church leaders  —  A 2019 investigation by the Houston Chronicle and San Antonio Express-News prompted this week's massive disclosure about church leaders implicated in sex abuse cases.
Anousha Sakoui / Los Angeles Times:
The Amber Heard-Johnny Depp trial has created a new cottage industry of attorney social media stars, highlighting how media consumption of big cases has shifted  —  Emily D. Baker is exasperated.  In the penultimate week of Amber Heard and Johnny Depp's defamation trial …
Russia's foreign ministry says it told YouTube that every time the company blocks a weekly briefing, the country will expel an American journalist or outlet  —  Russia's foreign ministry said on Thursday that reporters from Western countries will be expelled from Russia if YouTube (GOOGL.O) blocks access to its spokeswoman's briefings.
Jon Allsop / Columbia Journalism Review:
The New York Times presenting its Haiti package as a “first” shows that the media should expand the definition of a news peg from new facts to current problems  —  “Haiti's Lost Billions.”  “The Root of Haiti's Misery: Reparations to Enslavers.”  “How a French Bank Captured Haiti.”
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 More News: 
Tony Webster / Minnesota Reformer:
Minneapolis agrees to pay $600K to settle a lawsuit by reporter Linda Tirado, who was blinded in one eye by a police projectile while covering May 2020 protests
Douglas Martin / New York Times:
Capital Cities Communications CEO Thomas S. Murphy, who bought ABC for $3.5B in 1985 and sold the combined company to Disney for $19B in 1995, dies at 96
Austin-based Kerv Interactive, which helps companies create shoppable and immersive experiences within video, raises $12M, bringing its total funding to $30M
Discussion: Axios
 Earlier Picks: 
Sports Business Journal:
Sources: the NFL plans to launch its own streaming service, NFL Plus, in July 2022; the centerpiece will be live games on phones and tablets for ~$5 per month
Sara Fischer / Axios:
Chalkbeat, a nonprofit news outlet that covers education at the local level, raises $3.1M to permanently launch Votebeat, a newsroom for covering voting locally
Seb Joseph / Digiday:
An interview with Bloomberg News senior executive editor David Merritt on expanding in the UK and other markets where the outlet has a strong editorial base
Discussion: Talking Biz News