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8:15 AM ET, August 6, 2021


 Top News: 
Cristiano Lima / Washington Post:
In a letter to Zuckerberg, the FTC called Facebook's initial claim it cut off NYU researchers' access to comply with an FTC privacy agreement as “inaccurate”  —  The Federal Trade Commission has dismissed as “inaccurate” Facebook's claim that it cut off a group of researchers' access …
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”
Katie Robertson / New York Times:
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.
Michael M. Grynbaum / @grynbaum:
[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.”
Associated Press:
Taliban say they've killed the director of Afghanistan's Government Information Media Center, who ran state press operations for local and foreign media  —  KABUL, Afghanistan (AP) — The Taliban shot and killed the director of Afghanistan's Government Information Media Center on Friday …
News Corporation:
News Corp CEO says deals with major tech platforms will add annual revenue “into nine figures” as the company reports Q4 net loss of $15M on revenue of $2.49B  —  Fiscal 2021 Full Year Key Financial Highlights  — Revenues were $9.36 billion, a 4% increase compared to $9.01 billion …
Discussion: Adweek, The Guardian, Mediaweek and The Age
Chris Roush / Talking Biz News:
Dow Jones, the News Corp unit that is parent of WSJ, MarketWatch, and Barron's, reported $69M in profit on $449M revenue in Q4; WSJ subscriptions rose 15% YoY  —  Dow Jones & Co., the parent of The Wall Street Journal, and Barron's reported an 18 percent increase in revenue …
Dade Hayes / Deadline:
AMC Networks Q2: $68M in operating income on net revenue of $771.4M, up 19% YoY; domestic ad revenue up 13% YoY to $212M, subscription revenue up 14% YoY  —  AMC Networks joined the ranks of media companies showing that TV advertising has mounted a significant recovery from the devastation of Covid-19 a year ago.
Dade Hayes / Deadline:
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.
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” …
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 More News: 
Frank Pallotta / CNN:
NBC's TV audience for the Olympics is down 45% since the Rio Olympics, with primetime viewership down 51% and averaging 13.5M viewers
Naman Ramachandran / Variety:
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
Matt Skibinski / NewsGuard:
NewsGuard/Comscore on digital ad spending: $2.6B goes to “misinformation” sites globally each year; for every $2.16 sent to US newspapers, misinfo sites get $1
 Earlier Picks: 
Alex Sherman / CNBC:
Sources: Jeff Zucker is staying at WarnerMedia at least until the merger with Discovery closes
Penn National Gaming, which owns Barstool Sports, is buying betting and media company theScore for approximately $2B in cash and stock