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10:50 AM ET, June 18, 2021

Mediagazer

 Top News: 
John Koblin / New York Times:
Nielsen announces a new metric, The Gauge, to measure streaming viewing in ~14,000 US homes via hardware that watches internet traffic passing through a router  —  The company known for measuring television ratings said Netflix and YouTube are far ahead of their digital rivals …
RELATED:
Jessica Bursztynsky / CNBC:
Nielsen: in May, US viewers used their TVs for streaming 26% of the time, up from 20% in 2020, 14% in 2019; 64% of the time was spent on network and cable TV  —  - Streaming accounts for 26% of all time spent on TV, according to new data from Nielsen.  — Network and cable TV still hold strong, accounting for 64% of time spent.
Ken Doctor / Nieman Lab:
Lessons from Lookout Santa Cruz, six months after its launch in an Alden market, and how civic betterment is key to the revival of local news  —  We don't wake up each morning to compete with a print daily, but rather to run our own local news and community model.  That's the key.
@kerrymflynn:
Insider internal memo: all posts must now be under 600 words, except for those from the investigations team, features writers, and a few other exceptions  —  A new editorial strategy at Insider: Limiting most stories to under 600 words, per Nicholas Carlson memo “Data shows that [our readers] like short stories... It's OK (and even encouraged!) to write several posts on the same topic from several angles when you have a lot to say.” https://twitter.com/...
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:
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 …
Sahil Patel / The Information:
Sources: NYT and The Athletic have ended their acquisition talks because the companies couldn't agree on a price  —  The New York Times and subscription sports news site The Athletic have ended their acquisition talks, according to people familiar with the matter.
Reuters:
Hong Kong charges Apple Daily chief editor and chief executive with collusion with a foreign country; three more executives remain under investigation  —  Hong Kong police charged the chief editor and chief executive of pro-democracy tabloid Apple Daily on Friday with collusion with a foreign country …
RELATED:
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
Stacy Perman / Los Angeles Times:
Two members of the Hollywood Foreign Press Association resigned in protest calling diversity reform efforts “window-dressing”  —  Calling the Hollywood Foreign Press Assn. “toxic” and its reform efforts “window-dressing,” two members of the group that votes on the Golden Globe Awards resigned in protest Thursday.
Foo Yun Chee / Reuters:
Sources: EU antitrust regulators plan to open a formal investigation into Google's digital advertising business before the end of the year  —  Alphabet (GOOGL.O) unit Google could face its biggest regulatory threat, with EU antitrust regulators set to open a formal investigation …
 
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 More News: 
Amanda Silberling / TechCrunch:
Spotify has acquired Podz, a podcast discovery startup whose tech helps podcasters promote their show using ML to select 60-second clips of key moments
Ryan Barwick / Morning Brew:
Study: 48% of ad traffic on “fake” news sites is served by Google and 32% on “low credibility sites” like Breitbart, Drudge Report, and Sputnik News
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
 Earlier Picks: 
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
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
Discussion: MediaPost and Ad Age
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
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
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
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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