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Bauer Shutters Entire Magazine Operation in New Zealand

New Zealand Herald: New Zealand's biggest newsstand magazines have folded, as Bauer Media abruptly closed its doors as a result of the Covid-19 crisis. The New Zealand wing of the company published popular magazines including Woman's Day. Be a real Media Star — help...

News Corp Offers Ad Recall Guarantee to Print Advertisers

Adweek: As brands shift ad spends due to the coronavirus, the Wall Street Journal and Barron's are giving potential clients an additional incentive to advertise in their print pages. The two News Corp. titles will offer an unusual guarantee for print ads. Be a real...

Lee Enterprises Joins Media Enacting Employee Furloughs

Roanoke Times: Employees at dozens of newspapers owned by Lee Enterprises will be required to take two weeks of unpaid leave between now and the end of June. Lee said that the steps were necessary because of a slump in advertising revenue. Be a real Media Star — help...

Gannett Plans More Cost Cuts to Offset Pandemic Impact

USA Today: Gannett is suspending its dividend and implementing a variety of cost cuts to shore up its finances as the coronavirus wreaks havoc on the economy. The media giant says it is taking steps to navigate the financial disruption from Covid-19. Be a real Media...

NewsGuild Calls for a Stimulus Package to Help Journalists

WWD: The NewsGuild-CWA, which represents thousands of journalists in the U.S., is pushing for provisions via a stimulus from Congress that will protect news operations. This includes a publicly financed fund to support newsrooms and media workers. Be a real Media Star...

AT&T’s WarnerMedia Says CNN Host Cuomo Has Coronavirus

Associated Press: A bleary-eyed Chris Cuomo, saying he wanted to be a cautionary tale for his audience, anchored his CNN show from his basement Tuesday after testing positive for the coronavirus. “Brace yourself,” Cuomo told viewers, "This is a fight. It’s going to...

Snap Unveils App Stories to Enable Sharing on Other Apps

TheStreet: Snap on Tuesday launched App Stories, which enables third-party apps to post Stories created in the Snapchat app to their services. App Stories allows developers to leverage Snapchat's technology and community of 218 million people. Be a real Media Star —...

WPP ‘Cautious’ About Impact of Virus on Marketing Budgets

CNBC: WPP CEO Mark Read said the world's largest advertising group is "very cautious" about the impact of the coronavirus on client budgets. "We are taking actions to reduce and look at our costs. And I think that there will no doubt be tougher decisions ahead, during...

IAB Postpones NewFronts as Streaming Digital Ad Showcase

Ad Age: The IAB is moving the NewFronts presentations to the week of June 22. Earlier in the month, the trade organization had advised NewFront participants to stream their events in lieu of hosting in-person presentations due to fears surrounding Covid-19. Be a real...

Verizon-Hearst’s Complex Networks to Open Ad Consultancy

Axios: Complex Networks, a lifestyle and entertainment media company, is creating an end-to-end digital advertising consultancy that provides publishing clients with a suite of services to make more digital revenue. Catalyst, as it will be called, is the company's...

News Corp Sells Coupon Publisher News America Marketing

Wall Street Journal: News Corp. agreed to sell News America Marketing, its coupon-publishing unit, for about $235 million in cash to the private-equity firm Charlesbank Capital Partners, as the media company looks to focus on core areas of its business. Be a real...

McClatchy to Put Paywall Back Up Around Coronavirus News

Axios: McClatchy will put its paywall back up around some coronavirus news as it aims to balance its duty keep people informed with its need to bolster subscriptions. "With a lower paywall we're missing opportunities to convert drive-by readers into subscribers." Be a...

News Corp Suspends Printing of 60 Newspapers in Australia

ABC: News Corp. says it will suspend printing of 60 community newspapers in New South Wales, Victoria, Queensland and South Australia from April 9. The mastheads will "continue to publish digitally with reporters and photographers expanding News Corp.'s hyper-local...

Hearst, Meredith ‘Less Hurt’ in Mag Move by Barnes & Noble

New York Post: Barnes & Noble is telling publishers to halt shipments of all magazines to its stores. No new magazines will be sold at B&N while the coronavirus rages. Fortunately, big newsstand titles, like Hearst's Cosmopolitan and Meredith's People, are...

Benioffs’ Time Magazine Plots Growth After Exiting Meredith

Digiday: Time magazine officially left Meredith’s ownership exactly a year ago, on April 1, 2019. “We were one of 24 to 40 brands that didn’t get much focus,” says CEO Edward Felsenthal. “But now we’re in expansion mode,” adapting existing franchises and creating new...

BuzzFeed, Vox Media to Lose Tie-Ups with Amazon, Walmart

The Information: Publishers are bracing for a pullback in advertising amid the Covid-19 pandemic. And one big shoe has already dropped: Amazon and Walmart have temporarily suspended commerce marketing deals with digital media firms such as BuzzFeed. Be a real Media...



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