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1:10 PM 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 …
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 …
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.
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).
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.
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
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.
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 …
 
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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
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
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
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”
 Earlier Picks: 
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
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