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Playboy’s Spring 2020 issue, set to hit newsstands this week, will be its final print issue of the year. Beginning in 2021, Playboy Enterprises CEO Ben Kohn says that the company will “move to a digital-first publishing schedule for all of our content.” The company says that the coronavirus crisis, with its effects on the publishing supply chain, contributed to the decision. Playboy switched from a monthly to a quarterly publishing schedule in 2019. Its circulation, which topped out at 5.6 million in the 1970s, had slid to just 210,000 by 2018. Kohn says that the magazine’s trademark features—the Playboy Interview, Playboy Advisor and Playmate pictorials—will continue to appear on its digital platform.
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Another publishing victim of COVID19: the Sacramento News & Review. The weekly publication will cease operations following its March 20 issue. Most of its staff will be laid off. While CEO and majority owner Jeff vonKaenel told the Sacramento Business Journal that the closure was a “temporary setback,” he added that it would likely be permanent if the sheltering in place currently effect in the area continues for an extended period. The News & Review’s editions in Chico, CA and Reno, NV will also shut down. All three publications depend primarily on advertising for restaurants, clubs, bars, theaters and entertainment, vonKaenel said. Also, the News & Review is distributed at retail outlets, which are also ordered closed.
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The European Union has asked Netflix chairman and CEO Reed Hastings to limit streaming of its films and TV series to standard definition, as opposed to high definition at peak times during the course of the crisis, according to a story in the Hollywood Reporter. High-definition streaming takes up considerably more bandwidth then standard definition does. "To beat #COVID19, we #StayAtHome. Teleworking & streaming help a lot but infrastructures might be in strain,” EU Internal Market and Services Commissioner Thierry Breton wrote in a Twitter post. “To secure Internet access for all, let’s #SwitchToStandard definition when HD is not necessary." A Netflix representative told CNN that the platform already adjusts the quality of streams to available network capacity, and uses a special delivery network that keeps its library closer to users as a way of consuming less bandwidth.




Versant Media Group, the NBCUniversal cable TV spin-off, today reported its first financial results as 2025 revenues dipped 5.3 percent to $6.7B and standalone EBITDA dropped 9.1 percent to $2.2B.
Trump Media & Technology Group is discussing a spin-off of the Truth Social platform following the expected closing of its $6B merger deal with TAE Technologies... Condé Nast sells off Them, the digital LGBTQ-focused platform it launched in 2017, to Equalpride, publisher of Out, The Advocate, Out Traveler, Health PLUS Wellness and Pride.com... CBS News has parted ways with longevity influencer Peter Attia, one of the 19 contributors that editor-in-chief Bari Weiss brought on as part of her plan to present a wider variety of voices on the platform.
Symbolic.ai forms a partnership with News Corp to begin using the company’s AI-native publisher platform in the newsrooms of News Corp publications to augment research, writing and publishing... Mediaite launches a newsletter that promises to give readers a summary of—media newsletters... The Fund for American Studies launches the Journalism Excellence Fellowship, a program that will provide promising young journalists the opportunity to work alongside top writers, reporters, and media professionals.
The Pittsburgh Post-Gazette, which has roots going back to 1786, is going out of business, the paper’s owners, Block Communications, announced on Jan. 7... GQ editor Will Welch is stepping down to take on a new Paris-based role with the musician Pharrell, who is also men’s creative director at Louis Vuitton... Semafor says it has raised $30 million on a $330 million valuation, following its first profitable year.
The Walt Disney Company and OpenAI reach an agreement that will make a set of more than 200 animated, masked and creature characters from Disney, Marvel, Pixar and Star Wars available for use by Sora, OpenAI’s short-form generative AI video platform... CBS News editor-in-chief Bari Weiss has moved Tony Dokoupil, a co-host at “CBS Mornings” since 2019, into the anchor’s chair for the “CBS Evening News,” following the departure of John Dickerson and Maurice DuBois... USA Today editor-in-chief Caren Bohan has left the paper.



