Top News:
Chris Roush / Talking Biz News:
Memo: WSJ will shutter its Greater New York section in print and digital and launch a Life & Work section and Speed & Trending desk — Wall Street Journal editor in chief Matt Murray sent out the following on Thursday:
Discussion:
@maxwelltani, New York Times, @danielleiat, @sallygold and @maragay
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 …
Discussion:
The Guardian, @tomgrundy, New York Times, @kenroth, @primroseriordan, Quartz, The Guardian, Hong Kong Free Press HKFP, Variety, Reason, The Hill, @marcorubio, Washington Post, Reuters, @appledaily_hk, WTFact by JJ Pryor, Agence France-Presse, ITV, Al Jazeera, Apple Daily, Columbia Journalism Review, @austinramzy, @rthk_enews, Scroll.in, @rsf_en, Gizmodo, The Guardian, @appledaily_hk, @w7voa, Wall Street Journal, BBC, @alvinllum, @shibanimahtani, @ericcheungwc, @rhokilpatrick, Insider, @rhokilpatrick, @sunnycheungky, CNN, Financial Times, Japan Times, Al Jazeera and South China Morning Post
Katharine Q. Seelye / New York Times:
Janet Malcolm, author and New Yorker staff writer, has died of lung cancer — Her subjects ranged widely, but she took special aim at journalism itself, writing that every journalist “knows that what he does is morally indefensible.” — Janet Malcolm, a longtime writer for The New Yorker …
Discussion:
@susanorlean, The Guardian, Washington Post, The Daily Beast and @jana_pruden
Michael M. Grynbaum / New York Times:
MSNBC employees to form a union representing ~315 workers, including producers, bookers, writers, fact checkers, represented by Writers Guild of America, East — Employees at MSNBC, the 24-hour cable news channel with a slate of prominent liberal anchors, said on Thursday that they planned …
Discussion:
@msnbcunion, TVNewser and @benyt
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.
Discussion:
@newyorkerunion, @newyorkerunion, CNN, The Hill, Wall Street Journal, @saraqdavid, @sallyt, @ericlevitz, @nytguildtech, @rkgwork, @daveyalba, @bridgetgillard, @kentremendous, @alexnpress, @greenhousenyt, @senari, @oliviamesser, @lleibowitzz, @lainnafader, @hamiltonnolan, @knibbs, @marc_normandin, @anastasiakeeley, @morganjerkins, @dstfelix, @lainnafader, @noahyoo, @galeabrewer, @daveweigel, @lemonsand, @dylanmatt, nyguild.org and The NewsGuild - CWA
Lucinda Southern / Adweek:
Vanity Fair says it is launching Awards Insider, a three-person team covering Hollywood, with plans to publish roughly 12 stories per week — The new site subsection has three dedicated staffers
Discussion:
@mike_hogan, @beccamford, Vanity Fair and @hwd
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, @john__juan, @lv_anderson, @jackmirkinson, @kath_krueger, @daniel_swensen, @samjgrasso, 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 …
Discussion:
New York Post, Financial Times, @chinarealtime, @lizalinwsj, @stokel, Bloomberg and CNBC, more at Techmeme »
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, more at Techmeme »
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
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.
Discussion:
Grow and Retain, @sarahdope, @matthewkheafy, MUSIC x, @halsinger, @jonpareles, @tracypchan and @future_of_music, more at Techmeme »
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 …
Discussion:
@asme1963, @cliffordlevy, @nytmag and @cliffordlevy
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