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12:00 PM ET, August 4, 2021


 Top News: 
Edmund Lee / New York Times:
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.
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
Catie Keck / The Verge:
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 …
Discussion: Pressroom and FierceVideo
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  —  The newly released report from Attorney General Letitia James's office on sexual-harassment allegations against Governor Andrew Cuomo …
Sara Fischer / Axios:
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.
Danny Funt / Columbia Journalism Review:
A look at the relationship, at times ethically uneasy, between sports journalism and sports betting, amid sportsbooks' broad shift into media operations  —  Gamblers would give anything to peek at Ian Rapoport's notes.  In late April, Rapoport—a reporter at the NFL Network, known on air as an …
Casey Michel / New Republic:
Russian oligarchs are increasingly sending legal threats to US and UK investigative journalists by hiring the best law firms, a practice known as “lawfare”  —  Russian President Vladimir Putin has been one of the most consequential world figures of the past two decades …
Kieran Leavitt / Toronto Star:
Canada launches more talks on making digital platforms like Facebook and Google pay for journalism, with Australia's model and an indie media fund as options  —  The federal government has two options on the table for making digital platforms such as Facebook and Google pay media companies …
Jake Sherman / @jakesherman:
Source: Axios is planning on launching subscription products for investors and private equity firms and others similar to Politico Pro in the fall  —  Interesting nugget in @PunchbowlNews AM — @JimVandeHei and @Axios are starting a policy product to compete with @POLITICOPro
Discussion: @alexcsinger16
Jon Porter / The Verge:
Spotify is testing Spotify Plus, a low-cost tier that includes ads but doesn't impose limits on track skipping and lets users pick specific songs to play  —  Spotify Plus is being piloted with a ‘limited number’ of users  —  Spotify Plus is a new low-cost subscription tier being piloted …
Sara Fischer / Axios:
Subscription podcast company Quake raises $3.5M and says it has an almost 90% retention rate on monthly churn after the one-week free trial expires  —  Quake, a subscription podcast company founded by media veterans, has raised an additional $3.5 million, Axios has learned.
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 More News: 
Laurel Brubaker Calkins / Bloomberg:
US Rep. Devin Nunes, who has sued CNN, WaPo, Twitter, and others, sues NBCUniversal in a Texas district court, saying Rachel Maddow of MSNBC defamed him
Hanaa' Tameez / Nieman Lab:
Longform podcast, with ~500 episodes of interviews with writers and others, is joining Vox Media Podcast Network, which will handle marketing and distribution
Mark Stenberg / Adweek:
Condé Nast and Universal Music Group partner to launch CNCV+, which will provide advertisers access to both audiences through one offering
Discussion: MediaPost
Nilay Patel / The Verge:
Q&A with YouTube chief product officer Neal Mohan on monetizing Shorts, content moderation with Content ID, YouTube TV, competing with TikTok, and more
J. Clara Chan / Hollywood Reporter:
On-demand movie and TV service FandangoNOW has merged with video streaming service Vudu, which will become Roku's official movie and TV store
 Earlier Picks: 
Knight Foundation:
Knight Foundation announces Jim Brady as VP/Journalism; Brady has worked at WaPo, Digital First Media, and founded Spirited Media
Lauren Easton / Associated Press:
Daisy Veerasingham named president and CEO of The Associated Press, becoming the first woman, person of color, and foreign citizen to lead the outlet
Tony Maglio / The Wrap:
Discovery says it has 18M subscribers, most on Discovery+, reports Q2 net income of $672M on revenue of $3.06B, up 21% YoY; US ad revenue grew 12% YoY to $1.1B
Leonard Greene / New York Daily News:
A staffer sues Fox News saying Andrew Napolitano sexually harassed him and Larry Kudlow made racist and sexist remarks; Fox has “parted ways” with Napolitano