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The great shutdown of 2020: How newsrooms and media companies are adapting – CNN

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September 11. Hurricane Katrina. The great recession. Superstorm Sandy. And now, the great shutdown.
Each of the past events were different. But each one has similarities to the coronavirus emergency. Each one overwhelmed the news nervous system. There was so much happening, in so many places, all at once, that it was almost impossible to keep up or convey the scope.
After Sandy, I remember NY1 anchor Pat Kiernan saying that the superstorm contained so many stories — floods, blackouts, fires, closures — that each one would have been its own top story for a week. That’s what Thursday was like. The Dow is down 2,000 points? Normally that would be a wall-to-wall story. Governors are declaring states of emergencies every hour? Normally that would be wall-to-wall too. A travel ban to parts of Europe? Wall-to-wall. But under these circumstances, each story gets a few minutes of each hour and a few paragraphs of each printed page. Journalists have to keep up and keep the public informed and keep calm, all at the same time.

Baquet: This is the biggest story since 9/11

On Thursday morning NYT executive editor Dean Baquet, along with CEO Mark Thompson and other business execs, held a special Q&A session for staffers around the world. Baquet said the virus and the ripple effects are the biggest story since 9/11…
America’s slow-motion coronavirus shutdown sped way up on Thursday. I can’t list ALL of the postponements and cancellations. It’s all-inclusive: From schools to stadiums, from Broadway to Disney World, from March Madness to “Mulan,” from the MLB to the NHL, from The Players championship to the XFL, from the Met to the National Archives, from “A Quiet Place II” to “F9,” from the Tribeca Film Festival to Montclair, from Jerry Seinfeld’s standup acts to Billie Eilish’s tour dates…

The gathering storm

The storm is here. It’s been here for a while already. So the hurricane analogies aren’t perfect, but they’re still useful. Author Susannah Nix wrote on Twitter: “There’s this period, before a hurricane makes landfall, when you know it’s coming because you can see it on the radar, but you don’t know exactly where it will hit or how bad it will be for you in particular. You usually get about a week’s warning, and everyone panics and clears the store shelves, and businesses start to close and events get canceled, and then… nothing. There’s this dead time, where everyone’s just waiting and worrying. For days. That’s what most of the U.S. is experiencing right now…”
Research analyst Peter Atwater posted something similar: “The markets are New Orleans awaiting Hurricane Katrina. Investors know a big storm is out there, but they don’t know whether when it hits it will be a Cat 1 or Cat 5 storm. Will it be a direct hit or will it unexpectedly veer out to sea…”

Inside newsrooms…

Here’s what’s going on: Every newsroom leader I know is instituting changes, but different changes make sense for different news outlets. Work from home measures are widespread. Newspapers of all sizes, from national brands to college papers, are worrying about how to print the dead-tree edition and how to prioritize digital subscriptions. Television networks are coming up with contingency plans, figuring out how to broadcast with fewer staffers and far fewer in-person guests. Local stations are producing special reports and experimenting with new virus-focused formats. Book publishers are weighing whether to delay new books. There’s a LOT happening. Viewers and readers need reassurance… answers… and relief when warranted.

Nightly news intros

Norah O’Donnell: “As we come on the air tonight, life here in America is changing…”
Lester Holt: “We’re moving into uncharted territory, practically by the hour…”
Judy Woodruff: “It has been a day like few others in modern American life…”
David Muir: “Another day of fast-moving developments in this coronavirus emergency…”

Why no W.H. briefing?!

Erin Burnett brought this up at the beginning of “OutFront” Thursday evening: “Americans want answers now more than ever — which makes the White House’s decision NOT to hold what has been a daily briefing with the nation’s top health experts that much more disappointing and confounding…”

Oliver’s insight

Oliver Darcy and I talked about this in the largely-empty CNN NYC office on Thursday. “This seems like the first major news cycle that you CAN’T tune out of,” he wrote. “You could have chosen to tune out of Mueller/Russia cycle. You could have chosen to tune out of Ukraine/impeachment cycle. But you cannot choose to tune out of the coronavirus cycle. There is no escaping it.”

FOR THE RECORD, PART ONE

— AP’s big-picture lead: “Sweeping travel bans cascaded around the globe Thursday, walling off countries and even entire continents, keeping people inside their homes, and slowing the engines of commerce to stem the coronavirus pandemic. Markets collapsed worldwide with the growing realization that there would be no fast end to the uncertainty…” (AP)
— “US stocks plummeted in their worst day since October 19, 1987.” And the global stock sell-off is not letting up. Asian markets plunged in early trading on Friday… (CNN Business)
— Bloomberg’s Joe Weisenthal wrote: “The crash is happening with unprecedented speed for a simple reason, which is that we’ve just never seen anything like a complete simultaneous shutdown of so many parts of the economy like this before…” (Twitter)
— Garrett Graff said it perfectly: “There are very few times in modern life where we can honestly say: No one alive has ever experienced what the next two months will be like around the world, but here we are. No one alive has any idea what the next two months will be like…” (Twitter)
— NYT’s Lisa Lerer and Reid J. Epstein write: The typical primary has ended. “Something extraordinary has begun: a real-time, life-or-death test of competency and leadership for those seeking the White House this November…” (NYT)
— Sunday’s Joe Biden/Bernie Sanders debate is still on, but it will now take place in DC instead of Phoenix… (CNN)
— Univision’s Jorge Ramos was slated to be one of the moderators, but because he “was in proximity with someone who was in direct contact with a person that tested positive for coronavirus,” he has stepped aside. Ramos is feeling fine… (Twitter)
— Univision anchor Ilia Calderón will take his place alongside CNN’s Dana Bash and Jake Tapper…

Zucker: “Our obligation and responsibility have never been greater”

Quoting from WarnerMedia News and Sports chairman Jeff Zucker’s Thursday memo to staffers: “News of the global spread of the coronavirus has overtaken the world. The consequences reach far beyond the news of the day. As we know, lives are, quite literally, at stake. It is clear that none of us has ever experienced something like this. And none of us knows what the next few months will be like. Our everyday lives have been impacted in every possible way. Our two divisions — news and sports — are at a unique inflection point of two aspects of a hugely important story.”
For CNN, Zucker said, “our obligation and responsibility have never been greater. For all of you who are spread across the country and around the world covering this story, your work is always meaningful — yet now it is even more essential. The world has turned to CNN…”

CNN’s town hall

At 10pm ET, CNN held another global town hall about the virus, hosted by Anderson Cooper and Dr. Sanjay Gupta, this time in partnership with Facebook and Instagram. Last week’s town hall had a live audience at CNN’s Hudson Yards studio. This time, Cooper and Gupta showed the empty seats to underscore how life is changing…

Updates from CBS News

CBS News offices in NYC remain closed for cleaning after three employees tested positive for the virus. “We have made the decision that only minimal, skeletal staff should come to the office next week,” CBS News president Susan Zirinsky said in a Thursday night memo. “EVERYONE should work remotely unless you are explicitly asked to join one of the broadcast teams in a business critical function. We are focused on reducing risks wherever we can — limiting the number of employees in the building is an important part of this.”
Zirinsky said this weekend’s “Evening News” broadcasts will originate from L.A., produced by KCBS along with the network’s L.A. bureau.
Locations and personnel assignments for future broadcasts are still being determined. “We all take our responsibility to serve the public trust very seriously at times like this — no matter where we are broadcasting from,” Z wrote. “Thanks for keeping your eye on the ball.”

Podcast: My Q&A with NYMag editor David Haskell

I taped a conversation with New York Media EIC David Haskell on Thursday morning. He said his staffers are generally working from home now, but some will come into the office to finish the new print edition of NYMag on Friday. The cover has to be coronavirus-related, he acknowledged, though he hopes the next cover in two weeks can be about some other subject.
We talked about the impact of remote working, the strange feeling of this moment, plus the original reason why I booked him: His one-year anniversary as editor and what it was like to succeed Adam Moss. Check out the pod via Apple Podcasts, Spotify, Stitcher, TuneIn, or your preferred app…

NYC’s late-night shows are suspending production

“The Late Show with Stephen Colbert” planned to move to a no-audience format on Monday, but with Broadway going dark at 5pm ET on Thursday, “Late Show” put the plan into effect early:
The came word that Colbert, Jimmy Fallon, and Seth Meyers’ shows are all suspending production next week, “making them the biggest daily American television series to go off the air because of concerns surrounding the coronavirus pandemic,” the NYT’s John Koblin wrote. “The earliest date that the three shows would return with new episodes is March 30, the networks said…”
→ “The Wendy Williams Show” is also putting production of its show “on hold, indefinitely,” per Chloe Melas…

FOR THE RECORD, PART TWO

— Work-from-home is spreading: On Thursday evening NBCUniversal strongly encouraged “all employees globally to begin working remotely if possible, effective immediately…” (THR)
— Hollywood’s “major talent agencies — CAA, UTA, WME and ICM — have closed offices…” (Variety)
— “With the CBS Broadcast Center closed due to a trio of New York-based CBS Newsers testing positive for COVID-19, ‘Inside Edition’ decided to broadcast” from Deborah Norville’s home. “From her kitchen, to be exact…” (TVNewser)
— Fox News is scrapping overnight repeats in favor of live coverage by Shannon Bream and Trace Gallagher starting Monday… (Variety)

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Sutherland House Experts Book Publishing Launches To Empower Quiet Experts

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Sutherland House Experts is Empowering Quiet Experts through
Compelling Nonfiction in a Changing Ideas Landscape

TORONTO, ON — Almost one year after its launch, Sutherland House Experts is reshaping the publishing industry with its innovative co-publishing model for “quiet experts.” This approach, where expert authors share both costs and profits with the publisher, is bridging the gap between expertise and public discourse. Helping to drive this transformation is Neil Seeman, a renowned author, educator, and entrepreneur.

“The book publishing world is evolving rapidly,” publisher Neil Seeman explains. “There’s a growing hunger for expert voices in public dialogue, but traditional channels often fall short. Sutherland House Experts provides a platform for ‘quiet experts’ to share their knowledge with the broader book-reading audience.”

The company’s roster boasts respected thought leaders whose books are already gaining major traction:

• V. Kumar Murty, a world-renowned mathematician, and past Fields Institute director, just published “The Science of Human Possibilities” under the new press. The book has been declared a 2024 “must-read” by The Next Big Ideas Club and is receiving widespread media attention across North America.

• Eldon Sprickerhoff, co-founder of cybersecurity firm eSentire, is seeing strong pre-orders for his upcoming book, “Committed: Startup Survival Tips and Uncommon Sense for First-Time Tech Founders.”

• Dr. Tony Sanfilippo, a respected cardiologist and professor of medicine at Queen’s University, is generating significant media interest with his forthcoming book, “The Doctors We Need: Imagining a New Path for Physician Recruitment, Training, and Support.”

Seeman, whose recent and acclaimed book, “Accelerated Minds,” explores the entrepreneurial mindset, brings a unique perspective to publishing. His experience as a Senior Fellow at the University of Toronto’s Institute of Health Policy, Management and Evaluation, and academic affiliations with The Fields Institute and Massey College, give him deep insight into the challenges faced by people he calls “quiet experts.”

“Our goal is to empower quiet, expert authors to become entrepreneurs of actionable ideas the world needs to hear,” Seeman states. “We are blending scholarly insight with market savvy to create accessible, impactful narratives for a global readership. Quiet experts are people with decades of experience in one or more fields who seek to translate their insights into compelling non-fiction for the world,” says Seeman.

This fall, Seeman is taking his insights to the classroom. He will teach the new course, “The Writer as Entrepreneur,” at the University of Toronto, offering aspiring authors practical tools to navigate the evolving book publishing landscape. To enroll in this new weekly night course starting Tuesday, October 1st, visit:
https://learn.utoronto.ca/programs-courses/courses/4121-writer-entrepreneur

“The entrepreneurial ideas industry is changing rapidly,” Seeman notes. “Authors need new skills to thrive in this dynamic environment. My course and our publishing model provide those tools.”

About Neil Seeman:
Neil Seeman is co-founder and publisher of Sutherland House Experts, an author, educator, entrepreneur, and mental health advocate. He holds appointments at the University of Toronto, The Fields Institute, and Massey College. His work spans entrepreneurship, public health, and innovative publishing models.

Follow Neil Seeman:
https://www.neilseeman.com/
https://www.linkedin.com/in/seeman/

Follow Sutherland House Experts:

https://sutherlandhouseexperts.com/
https://www.instagram.com/sutherlandhouseexperts/

Media Inquiries:
Sasha Stoltz | Sasha@sashastoltzpublicity.com | 416.579.4804
https://www.sashastoltzpublicity.com

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What to stream this weekend: ‘Civil War,’ Snow Patrol, ‘How to Die Alone,’ ‘Tulsa King’ and ‘Uglies’

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Hallmark launching a streaming service with two new original series, and Bill Skarsgård out for revenge in “Boy Kills World” are some of the new television, films, music and games headed to a device near you.

Also among the streaming offerings worth your time as selected by The Associated Press’ entertainment journalists: Alex Garland’s “Civil War” starring Kirsten Dunst, Natasha Rothwell’s heartfelt comedy for Hulu called “How to Die Alone” and Sylvester Stallone’s second season of “Tulsa King” debuts.

NEW MOVIES TO STREAM SEPT. 9-15

Alex Garland’s “Civil War” is finally making its debut on MAX on Friday. The film stars Kirsten Dunst as a veteran photojournalist covering a violent war that’s divided America; She reluctantly allows an aspiring photographer, played by Cailee Spaeny, to tag along as she, an editor (Stephen McKinley Henderson) and a reporter (Wagner Moura) make the dangerous journey to Washington, D.C., to interview the president (Nick Offerman), a blustery, rising despot who has given himself a third term, taken to attacking his citizens and shut himself off from the press. In my review, I called it a bellowing and haunting experience; Smart and thought-provoking with great performances. It’s well worth a watch.

— Joey King stars in Netflix’s adaptation of Scott Westerfeld’s “Uglies,” about a future society in which everyone is required to have beautifying cosmetic surgery at age 16. Streaming on Friday, McG directed the film, in which King’s character inadvertently finds herself in the midst of an uprising against the status quo. “Outer Banks” star Chase Stokes plays King’s best friend.

— Bill Skarsgård is out for revenge against the woman (Famke Janssen) who killed his family in “Boy Kills World,” coming to Hulu on Friday. Moritz Mohr directed the ultra-violent film, of which Variety critic Owen Gleiberman wrote: “It’s a depraved vision, yet I got caught up in its kick-ass revenge-horror pizzazz, its disreputable commitment to what it was doing.”

AP Film Writer Lindsey Bahr

NEW MUSIC TO STREAM SEPT. 9-15

— The year was 2006. Snow Patrol, the Northern Irish-Scottish alternative rock band, released an album, “Eyes Open,” producing the biggest hit of their career: “Chasing Cars.” A lot has happened in the time since — three, soon to be four quality full-length albums, to be exact. On Friday, the band will release “The Forest Is the Path,” their first new album in seven years. Anthemic pop-rock is the name of the game across songs of love and loss, like “All,”“The Beginning” and “This Is the Sound Of Your Voice.”

— For fans of raucous guitar music, Jordan Peele’s 2022 sci-fi thriller, “NOPE,” provided a surprising, if tiny, thrill. One of the leads, Emerald “Em” Haywood portrayed by Keke Palmer, rocks a Jesus Lizard shirt. (Also featured through the film: Rage Against the Machine, Wipers, Mr Bungle, Butthole Surfers and Earth band shirts.) The Austin noise rock band are a less than obvious pick, having been signed to the legendary Touch and Go Records and having stopped releasing new albums in 1998. That changes on Friday the 13th, when “Rack” arrives. And for those curious: The Jesus Lizard’s intensity never went away.

AP Music Writer Maria Sherman

NEW SHOWS TO STREAM SEPT. 9-15

— Hallmark launched a streaming service called Hallmark+ on Tuesday with two new original series, the scripted drama “The Chicken Sisters” and unscripted series “Celebrations with Lacey Chabert.” If you’re a Hallmark holiday movies fan, you know Chabert. She’s starred in more than 30 of their films and many are holiday themed. Off camera, Chabert has a passion for throwing parties and entertaining. In “Celebrations,” deserving people are surprised with a bash in their honor — planned with Chabert’s help. “The Chicken Sisters” stars Schuyler Fisk, Wendie Malick and Lea Thompson in a show about employees at rival chicken restaurants in a small town. The eight-episode series is based on a novel of the same name.

Natasha Rothwell of “Insecure” and “The White Lotus” fame created and stars in a new heartfelt comedy for Hulu called “How to Die Alone.” She plays Mel, a broke, go-along-to-get-along, single, airport employee who, after a near-death experience, makes the conscious decision to take risks and pursue her dreams. Rothwell has been working on the series for the past eight years and described it to The AP as “the most vulnerable piece of art I’ve ever put into the world.” Like Mel, Rothwell had to learn to bet on herself to make the show she wanted to make. “In the Venn diagram of me and Mel, there’s significant overlap,” said Rothwell. It premieres Friday on Hulu.

— Shailene Woodley, DeWanda Wise and Betty Gilpin star in a new drama for Starz called “Three Women,” about entrepreneur Sloane, homemaker Lina and student Maggie who are each stepping into their power and making life-changing decisions. They’re interviewed by a writer named Gia (Woodley.) The series is based on a 2019 best-selling book of the same name by Lisa Taddeo. “Three Women” premieres Friday on Starz.

— Sylvester Stallone’s second season of “Tulsa King” debuts Sunday on Paramount+. Stallone plays Dwight Manfredi, a mafia boss who was recently released from prison after serving 25 years. He’s sent to Tulsa to set up a new crime syndicate. The series is created by Taylor Sheridan of “Yellowstone” fame.

Alicia Rancilio

NEW VIDEO GAMES TO PLAY

— One thing about the title of Focus Entertainment’s Warhammer 40,000: Space Marine 2 — you know exactly what you’re in for. You are Demetrian Titus, a genetically enhanced brute sent into battle against the Tyranids, an insectoid species with an insatiable craving for human flesh. You have a rocket-powered suit of armor and an arsenal of ridiculous weapons like the “Chainsword,” the “Thunderhammer” and the “Melta Rifle,” so what could go wrong? Besides the squishy single-player mode, there are cooperative missions and six-vs.-six free-for-alls. You can suit up now on PlayStation 5, Xbox X/S or PC.

— Likewise, Wild Bastards isn’t exactly the kind of title that’s going to attract fans of, say, Animal Crossing. It’s another sci-fi shooter, but the protagonists are a gang of 13 varmints — aliens and androids included — who are on the run from the law. Each outlaw has a distinctive set of weapons and special powers: Sarge, for example, is a robot with horse genes, while Billy the Squid is … well, you get the idea. Australian studio Blue Manchu developed the 2019 cult hit Void Bastards, and this Wild-West-in-space spinoff has the same snarky humor and vibrant, neon-drenched cartoon look. Saddle up on PlayStation 5, Xbox X/S, Nintendo Switch or PC.

Lou Kesten

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Trump could cash out his DJT stock within weeks. Here’s what happens if he sells

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Former President Donald Trump is on the brink of a significant financial decision that could have far-reaching implications for both his personal wealth and the future of his fledgling social media company, Trump Media & Technology Group (TMTG). As the lockup period on his shares in TMTG, which owns Truth Social, nears its end, Trump could soon be free to sell his substantial stake in the company. However, the potential payday, which makes up a large portion of his net worth, comes with considerable risks for Trump and his supporters.

Trump’s stake in TMTG comprises nearly 59% of the company, amounting to 114,750,000 shares. As of now, this holding is valued at approximately $2.6 billion. These shares are currently under a lockup agreement, a common feature of initial public offerings (IPOs), designed to prevent company insiders from immediately selling their shares and potentially destabilizing the stock. The lockup, which began after TMTG’s merger with a special purpose acquisition company (SPAC), is set to expire on September 25, though it could end earlier if certain conditions are met.

Should Trump decide to sell his shares after the lockup expires, the market could respond in unpredictable ways. The sale of a substantial number of shares by a major stakeholder like Trump could flood the market, potentially driving down the stock price. Daniel Bradley, a finance professor at the University of South Florida, suggests that the market might react negatively to such a large sale, particularly if there aren’t enough buyers to absorb the supply. This could lead to a sharp decline in the stock’s value, impacting both Trump’s personal wealth and the company’s market standing.

Moreover, Trump’s involvement in Truth Social has been a key driver of investor interest. The platform, marketed as a free speech alternative to mainstream social media, has attracted a loyal user base largely due to Trump’s presence. If Trump were to sell his stake, it might signal a lack of confidence in the company, potentially shaking investor confidence and further depressing the stock price.

Trump’s decision is also influenced by his ongoing legal battles, which have already cost him over $100 million in legal fees. Selling his shares could provide a significant financial boost, helping him cover these mounting expenses. However, this move could also have political ramifications, especially as he continues his bid for the Republican nomination in the 2024 presidential race.

Trump Media’s success is closely tied to Trump’s political fortunes. The company’s stock has shown volatility in response to developments in the presidential race, with Trump’s chances of winning having a direct impact on the stock’s value. If Trump sells his stake, it could be interpreted as a lack of confidence in his own political future, potentially undermining both his campaign and the company’s prospects.

Truth Social, the flagship product of TMTG, has faced challenges in generating traffic and advertising revenue, especially compared to established social media giants like X (formerly Twitter) and Facebook. Despite this, the company’s valuation has remained high, fueled by investor speculation on Trump’s political future. If Trump remains in the race and manages to secure the presidency, the value of his shares could increase. Conversely, any missteps on the campaign trail could have the opposite effect, further destabilizing the stock.

As the lockup period comes to an end, Trump faces a critical decision that could shape the future of both his personal finances and Truth Social. Whether he chooses to hold onto his shares or cash out, the outcome will likely have significant consequences for the company, its investors, and Trump’s political aspirations.

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