Top News:
Brian Steinberg / Variety:
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:
MediaPost, The Streamable, The Wrap, Variety and Business Wire
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Lucas Shaw / Bloomberg:
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” …
Discussion:
South Park United States, The Streamable, Mediaite, The Wrap, Hollywood Reporter, Variety, Gawker, @dellcam, @chrisblundell, @alexweprin, @richlightshed and ResetEra
Gilad Edelman / Wired:
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?
Discussion:
The Mozilla Blog, Platformer, @digiphile, Bloomberg, The Verge, @arzugeybulla, @giladedelman, @rebekahktromble, @sachp, @tarletong, VICE, Forbes, NPR, The Register and MediaPost, more at Techmeme »
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Bloomberg:
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
Discussion:
@lauraedelson2, Columbia Journalism Review, American Press Institute, Wall Street Journal, BBC, Knight First Amendment …, The Markup, About Facebook, @lauraedelson2, Protocol, @ronwyden, @ryanpoon88, @alexgibneyfilm, ZDNet, @jameeljaffer, @cyber4democracy, @tonyromm, @bostonjoan, @defenddemocracy, @juliaangwin, @alexanderabdo, @knightcolumbia, @authorpmbarrett, @leah_nylen, @cendemtech, @econliberties, @aaschapiro, @kurtwagner8, @johnbattelle, @jason_kint, @mathewi, Common Dreams, @michellemanafy, @carolecadwalla, @pernillet, @joshrudes, @ct_bergstrom, @jameeljaffer, @clearing_fog, @lauraedelson2, @lauraedelson2, @snurb_dot_info, Metacurity, @jonkeegan, @jonathanmayer, @brooklynmarie, @hshaban, @daviduberti, @rmac18, @blackamazon, @caseynewton, @fboversight, @bgrueskin, @kurtwagner8 and The Verge, more at Techmeme »
Michael M. Grynbaum / New York Times:
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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Alex Sherman / CNBC:
Sources: Jeff Zucker is staying at WarnerMedia at least until the merger with Discovery closes — - Jeff Zucker, WarnerMedia's news and sports chairman, plans to stay in his role at least until his company's merger with Discovery goes through, sources say.
Nia Prater / New York Magazine:
NY AG report: Chris Cuomo of CNN sent an email that appeared to be a draft PR release for his brother, Andrew, when harassment claims against the governor arose
Discussion:
Vanity Fair, New York Post, New Republic, @johncusack, @spj_tweets, @davidklion, @ahmalcolm, @arianapekary, BuzzFeed News, @nycsouthpaw, Substack, Today in Tabs, Insider, @keitholbermann, The Hill, @variety, @loopemma, @jackmirkinson, @davidminpdx, @davidklion, @danarubinstein, @juliareinstein, @joparkerbear, @davidmackau, @iamntyrell, @janicedean, @cfidd, @kashfida, @nadineyousif_, @jessehawken, @bytomfrank, @nycsouthpaw, @juliareinstein, @joshsternberg, @jeffreyguterman, Mediaite, Hollywood Reporter, Variety and Associated Press
StreetInsider.com:
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 …
Discussion:
Bloomberg, @darrenrovell, @darrenrovell, @mkerns, @ericfishersbg, @pngaminginc, @richlightshed and @sarafischer
Todd Spangler / Variety:
Amazon's free, ad-supported streaming service IMDb TV arrives on iOS and Android, more than two years after launching — More than two and a half years after IMDb launched its free, ad-supported streaming service, IMDb TV is now available on iOS and Android mobile devices.
Discussion:
The Streamable, MacRumors and FierceVideo, more at Techmeme »
Reuters:
Thomson Reuters beats expectations with Q2 operating profit of $316M, down 14% YoY, on revenue of $1.53B, up 9% YoY; Reuters News' sales rose 6% YoY to $168M — Thomson Reuters Corp (TRI.TO) reported better-than-expected results in the second quarter, with higher sales across its main divisions, and raised its annual revenue forecast.
Kate Kaye / Digiday:
Examples from California's AG for Consumer Privacy Act enforcement seem to indicate companies can't rely solely on ad trade groups' blanket opt-out tools — For more than a year advertisers and publishers had few clues for detecting how California regulators would enforce the state's privacy law.
Discussion:
@chronotope, @profcarroll and @privacymatters
Oskar Serrander / Acast:
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.
Todd Spangler / Variety:
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 record 81% revenue growth …
Discussion:
@xpangler, @business, The Wrap, MediaPost, The Streamable, Bloomberg and Adweek, more at Techmeme »
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