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12:40 PM ET, May 18, 2018


 Top News: 
Janelle Irwin / Tampa Bay Business Journal:
Meredith to lay off 621 people starting in July as it closes three former Time customer service operations centers in Florida  —  Meredith Corp. will lay off 621 people from two Tampa offices and one in Ocala beginning this July, according to a federal Worker and Adjustment and Retraining Act letter sent to the state.
Mathew Ingram / Columbia Journalism Review:
Accepting funding from Google and Facebook raises tough questions for media and researchers about influence, conflict of interest, and working with competitors  —  In March, Google announced with much fanfare the launch of the Google News Initiative, a $300 million program aimed at …
Todd Spangler / Variety:
Media outlets plan saturation coverage of the royal wedding: Snapchat is producing a four-part series with TLC, BBC and CNN will stream for free early Saturday  —  The British royal wedding of Prince Harry and Meghan Markle — the first American princess in generations — is a global-zeitgeist event made-to-order for social media.
Jon Levine / The Wrap:
Fox News names Suzanne Scott as its new CEO; Scott was previously president for programming and development
Nicholas Diakopoulos / Columbia Journalism Review:
As deepfakes rise, journalists with forensic training could act as trusted validators and should codify transparent verification procedures for video and text  —  A few weeks ago BuzzFeed published a video of former President Barack Obama making some decidedly out-of-character quips.
Trey Williams / The Wrap:
CBS board of directors votes to issue dividend that would dilute Redstone family's interest from about 80% to 20% and postpones annual meeting  —  CBS Corporation's board of directors voted on Thursday to dilute controlling shareholder Shari Redstone's interest to 20 percent from roughly 80 percent.
Sara Fischer / Axios:
Facebook announces partnership with US-based think tank Atlantic Council aimed at helping deter manipulation of the platform during elections around the world  —  Facebook today will announce a partnership with the Atlantic Council aimed at helping deter manipulation of the platform during elections around the world.
Todd Spangler / Variety:
YouTube TV adds channels for Tastemade and TYT Network, with 10 new series from Tastemade in 2018 and four new shows from TYT at launch  —  YouTube TV is bringing two digital-first media companies — Tastemade and TYT Network (aka the Young Turks) — into the pay-TV realm.
The GroundTruth Project:
Report for America, a national service program that places journalists into local newsrooms, announces its full 2018 class of 13 journalists  —  NEW YORK — Report for America, a non-partisan national service program that places journalists into local newsrooms, has announced its complete Class of 2018.
Lisa Richwine / Reuters:
Netflix on track to release 86+ original films in 2018, more than the top four studios combined, says 33 films released this year have been watched 300M+ times  —  LOS ANGELES (Reuters) - As Hollywood studios unleash their summer blockbusters into theaters, Netflix Inc is trying to give film buffs a reason to stay home.
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 More News: 
Deadline Detroit:
Reporters and ex-students detail history of inappropriate behavior by Jack Lessenberry, head of Wayne State's comms dept., Toledo writing coach, and MPR analyst
 Earlier Picks: 
Peter Kafka / Recode:
YouTube launching a paid version of YouTube Music next week at $10/month; YouTube Red being replaced by YouTube Premium at $12/month