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Texas Tribune names Sewell Chan as its editor-in-chief, starting October 18; Chan currently oversees the LA Times' editorial board and opinion section — Mr. Chan, who became The Times's editorial page editor last year, will be the editor in chief of The Texas Tribune starting Oct. 18.
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Mozilla's analysis says Facebook's justifications for cutting off access to researchers running NYU's Ad Observatory project “simply do not hold water” — The company says privacy concerns forced it to block access for a team of academics. Whose privacy, exactly?
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South Park creators Trey Stone and Matt Parker sign a six-year, $900M+ deal with ViacomCBS for 14 spinoff movies for Paramount+ and episodes for Comedy Central — The expanding ‘South Park’ universe will include new movies for Paramount+ — The creators of “South Park” …
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ViacomCBS Q2: net income of $1.04B on $6.6B revenue; 6.5M new streaming subscribers for 42M total; new deal with Sky will bring Paramount+ to Europe in 2022 — ViacomCBS said second quarter profit rose as advertisers spent more robustly on its media assets and the company saw new revenue from a host of streaming initiatives.
Discussion:
The Streamable, Variety, MediaPost, The Wrap and Business Wire

[Thread] Memo from CNN's Jeff Zucker: the company has fired three employees in the last week who had been coming into the office unvaccinated — CNN terminated “three employees who were coming to the office unvaccinated,” per memo from Jeff Zucker. “We have a zero-tolerance policy on this.”
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New York Times, Variety, Mediaite, The Hill, TVNewser, Insider, @normwilner, UPROXX, @jeffjarvis, @normwilner, @cruellasbff, @imillhiser, @jackposobiec and @grynbaum


Sources: CNN execs floated the idea of a temporary leave for Chris Cuomo in May if he wanted to formally advise his brother on reacting to sex harassment claims — Chris Cuomo, the top-rated host, left some colleagues confused after he did not acknowledge the calls for Gov. Andrew Cuomo's resignation during his Tuesday show.
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Lionsgate Q1 revenue rose to $901.2M, up 11% YoY and in line with expectations; global subscriber levels totaled 28.9M, down from 29.5M the prior quarter — Lionsgate reported results that hurdled the expectations bar, but reflected a quarter-to-quarter slowdown at Starz.
Discussion:
Variety, The Wrap and investors.lionsgate.com


Jay Rosen's Membership Puzzle Project is ending; a key takeaway is that membership is no panacea, as most sustainable outlets have multiple revenue sources — The public research project analyzed membership projects worldwide. They found successful communities were fixated on learning what their members value.


Penn National Gaming, which owns Barstool Sports, is buying betting and media company theScore for approximately $2B in cash and stock — Penn National Gaming, Inc. (Nasdaq: PENN) (and Score Media and Gaming, Inc. (Nasdaq: SCR) announced today that they have entered into a definitive agreement …
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Awful Announcing, Insider, @darrenrovell, @darrenrovell, @richlightshed, @sarafischer, @mkerns, @ericfishersbg, Bloomberg and @pngaminginc


Bloomberg Media and Ebony announce a year-long content-sharing collaboration to cross-pollinate the Bloomberg Equality and Ebony audiences — Bloomberg Media and Ebony are teaming up to make Black stories more visible. The two publishers announced a year-long content-sharing collaboration …
Discussion:
Talking Biz News


Ofcom study: Netflix's UK customer base is now bigger than the total of all UK pay-TV subs; UK has 31M subscribers to streaming services, up from 20M in 2019 — Some 52% of U.K. households have a Netflix subscription and 29 of the top 30 shows on subscription services in the first quarter …


Source: Hello Sunshine, which sold at a valuation of $900M, is expected to reach $125M in revenue this year and generated $65M last year — Since a Blackstone-led group agreed to buy Hello Sunshine at a valuation of $900 million this week, there's been lots of talk about the rich prices Hollywood studios …
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@jtoonkel