Snap to Stream Partner Summit Due to Coronavirus Threat
Ad Age: Snapchat has become the latest tech company to move a yearly partner conference to an online venue in response to the coronavirus outbreak. On Monday evening, Snapchat announced it would stream its second annual Snap Partner...
Quibi Cancels Red-Carpet Launch Party Over Coronavirus
Variety: Quibi has canceled its red carpet launch event "out of an abundance of caution" amid the growing threat of the spread of coronavirus. The celebration was set for April 5, just a day before the much-anticipated mobile streaming service goes...
Twitter to Keep CEO After New Deal with Activist Investor
NBC News: Twitter has struck a deal to keep Jack Dorsey as CEO, after an activist hedge fund agitated for leadership change. The deal will include a $2 billion share buyback program and give hedge fund Elliott Management a seat on Twitter's...
Facebook Won’t Ban Fake Biden Video Labeled by Twitter
CNBC: Facebook labeled a video shared by President Trump as "partly false information" after the Joe Biden campaign called out the company. The video was edited to show Biden endorsing Trump for...
Reddit Takes on Twitter with Its First Trending Ad Product
TechCrunch: Reddit is opening up some of its most valuable screen real estate to advertisers with the launch of its first trending ad product, the Trending Takeover. The new ad unit will allow brands to reach visitors on two heavily visited...
BuzzFeed CEO: We’ve Transformed How We Make Money
Digiday: BuzzFeed is in the midst of change. A few years ago most of the company's revenue came from native advertising — in 2020 that category will bring in just 20%. "BuzzFeed as a whole will be profitable this year," says CEO Jonah...
Vox Media Sends Staffers Home Amid Coronavirus Jitters
WWD: Employees at New York Magazine and The Cut were among the Vox Media staffers sent home Monday after a non-Vox employee working in the same downtown Manhattan building tested positive for the...
Politico, Daily Beast, WaPo Tell Journos to Self-Quarantine
Washingtonian: Politico, the Washington Post, the Daily Beast, and Mother Jones have asked reporters who covered the Conservative Political Action Conference to work remotely due to concerns that they may have been exposed to the ...
ASME Delays National Magazine Awards Over Coronavirus
New York Post: The National Magazine Awards, scheduled for March 12, are being postponed due to the coronavirus. The event, which had been scheduled to take place at Brooklyn Steel, a music venue in Williamsburg, is expected to be...
Hearst Signs 18,000 in First Digital Magazine Membership
Digiday: Hearst Magazines' first membership product, Runner's World+, will act as a blueprint for other company enthusiast publications moving into reader revenue. One year since launch, the Runner's World+ membership has had 18,000...
Conde Nast Angers White House Over Story in Vanity Fair
Mediaite: White House press secretary Stephanie Grisham demanded a retraction of a Vanity Fair report detailing President Trump's response to the coronavirus. The story, by Gabriel Sherman, reported that Trump is "melting...
Bezos’s Washington Post to Test Redesign of Home Page
Digiday: The Washington Post is testing a new design for its homepage that shows off more kinds of content. Instead of lists of articles published in different sections of the website, each section now gets its own bucket of stories selected by...
McClatchy Ends Saturday Print Edition of Kansas City Star
Kansas City Star: "Change is necessary in the business world, and we're moving more of our resources into the digital side of our business because that is where we are growing — and impressively. The Star leads McClatchy in digital...
Advance’s Cleveland Plain Dealer Cuts 22 Newsroom Jobs
Plain Dealer: "On March 23, we will notify 22 newsroom employees that we can no longer continue their employment. The industry revenue model has changed and print newspapers have struggled to overcome deep losses in subscriptions and...
Disney Streaming Chief in Spotlight After Snub for CEO Job
Los Angeles Times: All eyes remain on Kevin Mayer, who has his hands full at Disney running its streaming business. Many thought Mayer would have been a logical choice for the CEO job, given his role leading the company's "top...
MGM’s James Bond Movie Delay Echoes Across Hollywood
Bloomberg Businessweek: "No Time To Die," the latest James Bond vehicle, ceded its April 2 theater debut to coronavirus jitters, instead planning to drop in November. Meanwhile, a slate of blockbuster bait may be subject a similar change in...
AT&T Meets with Justice Department in Ad Probe of Google
Wall Street Journal: AT&T is working with the Justice Department as the government considers whether to bring an antitrust case against Google -- two years after it was at loggerheads with the department over its Time Warner...
Apple, Netflix Exit SXSW Ahead of Big Event’s Cancellation
Reuters: The South by Southwest music, technology and film festival in Austin, Texas, was canceled on Friday, adding to a growing list of events being suspended around the world over concerns about the spreading coronavirus...
Quibi Unveils 50-Show Lineup for April Streaming Launch
TechCrunch: Short-form video service Quibi announced its full launch lineup Friday, exactly once month before launch. True to its name, Quibi will focus on short videos that you can watch on your phone. Its content will include "movies in...
AT&T’s WarnerMedia Faces Trump Libel Lawsuit Over CNN
Fox News: President Trump’s re-election campaign filed a libel lawsuit against CNN for publishing "defamatory" statements about seeking Russia's help in the 2020 election. The complaint alleges CNN was aware of the falsity at the time it published...
Vice Media to Remake TV Channel for ‘Angry Outsiders’
New York Times: Vice's new television chief plans to remake the company's channel (formerly known as Viceland) based on research that shows there's a news audience alienated from "corporate media." The goal is to create an outsider's...
Gray Television Makes $8.5 Billion Offer to Acquire Tegna
Reuters: Gray Television has made an offer to acquire larger TV station group Tegna for approximately $8.5 billion. A successful bid by Gray would significantly expand its footprint in several TV markets. TV advertising budgets have been in...
ProSieben Unit to Sign NYU’s Galloway for TV Productions
World Screen: 44 Blue Productions, a Red Arrow Studios company, has partnered with Scott Galloway, the New York Times best-selling author of "Algebra of Happiness" and "The Four: The Hidden DNA of Amazon, Apple, Facebook and...
Spotify Podcaster Nabs Editor in Chief Away from HuffPost
Daily Beast: HuffPost editor in chief Lydia Polgreen is leaving the news outlet to join podcasting company Gimlet Media as the head of content. Polgreen departed the New York Times to join the left-leaning news outlet in...
Study: Women Struggle to Reach the Top in News Industry
Financial Times: Less than a quarter of top news outlets in some of the biggest global markets are headed by a female editor, despite women on average making up 40 percent of their journalists, according to a new...
New York Times Turns Off Programmatic Ads in Newsletter
Ad Age: A New York Times story that featured live coronavirus updates displayed several ads for an n95 respirator, which are in short supply. Such ads are problematic because, in this instance, the surgeon general has urged Americans not to buy such...
News Corp CEO Wins Trump Praise in Visit to White House
New York Post: President Trump on Friday declared News Corp. CEO Robert Thomson "the most powerful man in all of media." The president pointed out Thomson to fellow journalists after Trump signed a $8.3 billion coronavirus...
New York Times, MSNBC Stun Social Media with Bad Math
Fox News: If someone had simply stopped and double-checked some math, they might have saved MSNBC's Brian Williams and New York Times editorial board member Mara Gay some embarrassment and an...
Hearst, CNN Among Media Canceling Events Due to Virus
MediaPost: A number of events held by media companies are being canceled over fears of the coronavirus. Hearst's first wellness-focused summit, "From Me to We," was supposed to take place March 12 at Hearst...
Trusted Media Brands Talks Up Rebirth at Reader’s Digest
CNBC: Bonnie Kintzer had a monumental task: to lead a bold rebrand of the Reader's Digest Association as part of a strategy to transform the business into a digital-first, multiplatform media company. Fast-forward six years and the brand is now...