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NYT beats Q2 expectations with $93M adjusted operating profit on $499M revenue; 8M subscribers, 142K new digital subscribers; online revenue up 41% YoY to $261M — The company expects to end the year with about 8.5 million. In its quarterly results, it reported holding nearly $1 billion in cash.
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@sarafischer, @cliffordlevy, Nieman Lab, MediaPost, @nytimespr, @kerrymflynn, The Hill, Poynter, @davecoion, @retheauditors, @kerrymflynn, @mathewi, @kerrymflynn, @natsfert, @jimcramer, @hblodget, @callmedhir, @marclacey, @lanceulanoff, @craigsilverman, @robenfarzad, @kerrymflynn, @sarafischer, @retheauditors, @retheauditors, @mattietk, @kerrymflynn, @duncanrobinson, @wblau, @simonowens, @pewresearch and The Wrap
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HBO Max is no longer available on Amazon Prime Video as WarnerMedia seeks a direct relationship with users — HBO Max continues to assert its independence from its old streaming partners. If you look for the service on Amazon Prime Video, you won't find it anymore. — We knew this was coming.
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Variety, MediaPost, @richlightshed, Ad Age, Adweek, /Film and Too Much TV Newsletter
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HBO Max is offering a selection of 13 free pilot episodes in-app to attract new subscribers — Lovecraft Country, Harley Quinn, and Game of Thrones included — HBO Max is offering free episodes to potential new subscribers in-app and free of charge so they can take its more popular series …
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How-To Geek, FierceVideo, Pressroom and ResetEra
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HBO Max plans to release a Batman podcast, Batman: The Audio Adventures, as an in-app exclusive with no RSS feed, despite the app lacking normal audio features — Batman: The Audio Adventures comes out this fall — The HBO Max team wants its app to not just be the place people find big movie premieres but podcasts, too.
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Forbes, CNET, @ashleyrcarman, @domcorriveau, @ashleyrcarman, @reckless, @ashleyrcarman and @blast0rama
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Roku beats with Q2 total net revenue of $645M, up 81% YoY, reaching 55.1M active accounts, up 1.5M QoQ, and 17.4B streaming hours, down 1B QoQ; stock drops 8%+ — Roku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting 81% revenue growth — but the net number …
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The Streamable, The Wrap, @xpangler and Hollywood Reporter
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Fox Corp. reports Q4 revenue of $2.89B, with affiliate revenue up 10%, ad revenue in its TV segment up 51%, and cable ad revenue up 17% in the quarter — Fox reported surpassed revenue and earnings expectations from Wall Street on Thursday. — For the quarter ending June 30, 2021 …
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Variety, PR Newswire, Deadline, Broadcasting Cable, @jbflint, @robpegoraro and @jbflint
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Facebook says it has disabled the accounts, apps, Pages, and access to its APIs for researchers running NYU's Ad Observatory Project, citing TOS violations — - Company says researchers of political ads were scraping data — NYU's Ad Observatory got cease-and-desist letter last October
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Wall Street Journal, @lauraedelson2, About Facebook, Knight First Amendment …, The Markup, TechCrunch, @lauraedelson2, Protocol, MediaPost, @kurtwagner8, The Register, @juliaangwin, @alexanderabdo, @knightcolumbia, @authorpmbarrett, @leah_nylen, @ronwyden, @cendemtech, @johnbattelle, @aaschapiro, @jason_kint, @carolecadwalla, The Verge, @michellemanafy, @econliberties, @joshrudes, @ct_bergstrom, @jameeljaffer, @mathewi, @clearing_fog, Metacurity, @pernillet, @lauraedelson2, @lauraedelson2, @snurb_dot_info, @jonkeegan, @jonathanmayer, @brooklynmarie, @hshaban, @daviduberti, @rmac18, @blackamazon, @caseynewton, @fboversight, @bgrueskin and @kurtwagner8, more at Techmeme »
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Sources: Politico employees are mounting an effort to unionize with NewsGuild — Members of Politico's newsroom are actively mounting an effort to unionize with the NewsGuild, sources tell Axios. — Why it matters: Politico's newsroom is one of the largest newsrooms to have resisted organizing efforts in the past.
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@niemanlab, @mattdpearce, @greenhousenyt, @ckrewson, @mollyhc, @joshtpm, @sarafischer, @sarahkaplan48, @mikeallen, @hcjewell, @brfreed, @oliverdarcy, @willricci and @abeaujon
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Jezebel EIC Julianne Escobedo Shepherd is resigning later this month to write a book; her departure follows several other recent exits by top staff at G/O Media — The women-focused site is losing its top editor—yet another exit in a months-long series of departures.
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@offbeatorbit, @stephentotilo, @megreenwell, @hexpositive, @timmarchman, @bubbaprog, @mehpatrol, @ballaban, @jawnita, @annamerlan, @ellieshechet and @lea
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Subscription digital outlet Puck debuts its site puck.news, will formally launch in Sept., has hired Dylan Byers, Matt Belloni, and others as founding partners — Puck, a splashy new digital media company, is coming out of stealth mode, Axios has learned. The company debuted its landing page …
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@ben_landy, @pucknews, @teddyschleifer, @pucknews, @mattbelloni, @juliaioffe, @dylanbyers, @mattbelloni, @rmc031, @teddyschleifer, @sarafischer, @tina_nguyen, @jessicalessin and @tina_nguyen
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Podcast network Acast says 14M Americans listen to its shows per month, it's home to 28K shows total, of which 25% are US-based, and it's paid $110M to creators — How Acast became the global independent power source of podcasting — Acast opened up for business in the US just over four years ago.
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A look at nine-person pan-African outlet The Continent, which sends out a free weekly PDF to 11,000 subscribers on WhatsApp and Signal — In Africa and much of the global South, the spread of rumors, hoaxes, and calculated “fake news” primarily happens on WhatsApp, whose closed network …
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@chris_mungai, @simonallison, @baraaruglibrary, @thatboykhalifax, @risj_oxford, @siphokings, @janelytv and @chris_mungai