This week Colin Morrison, founder of renowned industry blog Flashes & Flames, takes us through his path into the industry and his work heading up some of the biggest magazine publishers in the world, what makes for smart media analysis, and who will be the big winners and losers from the coronavirus crisis.
In the news roundup the team takes an in-depth look at what COVID-19 means for our relationship with tech giants and how the pandemic could shape their future.
Key stories:
- Tech giants are profiting — and getting more powerful — even as the global economy tanks, Washington Post
- How the virus could boomerang on Facebook, Google and Amazon, Politico
- Why Australia Is Making Facebook and Google Pay the Media, Medium
- Amazon Advertising (And The Rest Of Its Business) Is Booming, But Profit’s On Hold, Ad Exchanger
- Facebook Turning Pandemic Into Branding Gold, MediaPost
- These are the people Facebook put in charge of deciding whether to delete controversial posts, CNBC
News in brief:
- Mirror and Express owner reports 30% slump in revenues
- Wired UK says it will grow revenue by 10% this year
- Only half online ad spend goes to publishers
- Jeff Jarvis reckons the subscription boost round coronavirus will only be temporary
- Buzzfeed is aiming to keep coronavirus losses under $20 million, and has announced salary reductions and furloughing of at least 68 employees
- US – Convert tens of thousands of post offices into community media-making spaces
- How the Wall Street Journal’s New Calendars Help Readers Plan for the News
- Facebook Portal is finally a hit
- Judi Dench becomes British Vogue’s oldest cover star
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