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11:45 AM ET, June 17, 2021

Mediagazer

 Top News: 
Zen Soo / Associated Press:
Hong Kong police arrested Apple Daily EIC Ryan Law and four other execs under the national security law on Thursday, and officers searched the outlet's offices  —  Hong Kong police on Thursday morning arrested the chief editor and four other senior executives of the pro-democracy Apple Daily newspaper under …
Katie Robertson / New York Times:
The New Yorker Union reaches a deal with Condé Nast, averting a strike and giving many workers raises of 10%+; the deal also covers Ars Technica and Pitchfork  —  Condé Nast, the venerable magazine's parent company, agreed to a minimum salary of $60,000 by April 2023, the union said.
Ashley Carman / The Verge:
In an email to creators, Facebook says it will launch its podcast platform on June 22; podcasters can link up RSS feeds and decide if users can clip shows  —  Along with podcast clips  —  Facebook is planning to start rolling out its podcast product next week, on June 22nd, and, eventually …
Ken Meyer / Mediaite:
Biden apologizes for snapping at CNN reporter Kaitlan Collins at his news conference in Geneva when she asked why he's confident Putin's behavior would change  —  President Joe Biden offered his regret for losing his temper with CNN's Kaitlan Collins during his news conference in Geneva.
ASME:
ASME issues a statement saying no government body should try to ban magazine articles or other forms of journalism, including The 1619 Project, from classrooms  —  There is no institution more essential to our democracy than a free and vibrant press.  The Constitution protects the right to free speech …
Samantha Grasso / Discourse Blog:
BuzzFeed's Summer Writers' Challenge, which pays $10,000 for posts with 4M+ page views, sets the bar so high that most writers will still be working for free  —  For every prize-winning post, countless other writers will work for free and never get a cent.  —  BuzzFeed has done nothing to me personally (that I know of).
Discussion: @akcolwell, Digiday and @deardean22
Liza Lin / Wall Street Journal:
Leaked memo: ByteDance says its annual revenue in 2020 grew 111% YoY to $34.3B, while gross profit rose 93% YoY to $19B  —  ByteDance's gross profit rose 93% to $19 billion last year, according to a memo to staff  —  SINGAPORE—ByteDance Ltd., the owner of popular short-video app TikTok …
Sarah Perez / TechCrunch:
Instagram launches ads in Reels worldwide; the ads can be up to 30 seconds and vertical in format  —  Instagram Reels are getting ads.  The company announced today it's launching ads in its short-form video platform and TikTok rival, Reels, to businesses and advertisers worldwide.
Discussion: Adweek, Ad Age, Engadget and CNBC
Ben Sisario / New York Times:
Twitch, where even niche artists can make thousands of dollars per month by cultivating fan tribes, is becoming increasingly attractive to musicians  —  The gaming platform is becoming increasingly attractive to artists, who can earn money by cultivating fan tribes that express their loyalty through patronage.
Alexandra Bruell / Wall Street Journal:
Eight companies, including Comcast, Charter, Altice, and Dish, have created Go Addressable, a consortium to simplify and scale the fragmented TV ad market  —  Comcast, Charter Communications and Vizio, among others, have created a consortium to identify ways to simplify and scale an increasingly complex TV ad business
Discussion: MediaPost and Ad Age
Zoe Kleinman / BBC:
The Irish Council for Civil Liberties is suing a branch of the IAB and others over real-time bidding, calling the data shared “the world's largest data breach”  —  The Irish Council for Civil Liberties is suing a branch of the Interactive Advertising Bureau (IAB) …
 
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 More News: 
New York Times:
DOJ closes an investigation into whether a book by former national security adviser John Bolton disclosed classified info; Trump's DOJ opened the probe in 2020
Alex Weprin / Hollywood Reporter:
CNN announces Vault by CNN, a collection of NFTs it will sell of key historical events from its archives, and says the service will launch in late June
John Eligon / New York Times:
Zimbabwe releases a local reporter working for NYT after he spent three weeks in jail, accused of improperly helping two NYT journalists enter the country
Ben Sisario / New York Times:
USC study found 19.8% of music executives in the US are from underrepresented racial and ethnic groups, including 7.5% who were Black; 35.3% were women
 Earlier Picks: 
Andy Meek / Forbes:
CNBC says it is expanding its event business, which had an average growth rate of 20%+ over the past four years, globally
Politico:
Biden's administration has granted The 19th, which launched last year and has fewer than 30 employees, more access than many larger and established outlets
Sarah Perez / TechCrunch:
Spotify launches Greenroom, an app that lets Spotify users worldwide join or host live audio rooms and turn those conversations into podcasts
Jasper Jolly / The Guardian:
GB News, which launched in the UK with a mission to produce “anti-woke” US-style news content, faces an advertiser backlash as Ikea and Nivea pull their ads
John Daniszewski / The Definitive Source:
AP will no longer name suspects in minor crime stories but will keep naming suspects in stories on active fugitive searches and significant crimes like murder