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9:15 AM ET, August 5, 2021

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 Top News: 
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?
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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
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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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
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.
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 …
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.
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.
Ashley Carman / The Verge:
HBO Max plans to release a Batman podcast, Batman: The Audio Adventures, as an in-app exclusive, despite the app lacking standard audio player 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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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 …
Sara Fischer / Axios:
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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 More News: 
Tim Baysinger / The Wrap:
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
The Daily Beast:
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
Christine Mungai / Nieman Lab:
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
 Earlier Picks: 
Emma Graham-Harrison / The Guardian:
Open letter signed by British newspapers and broadcasters asks UK to include Afghans who have worked for UK media in its refugee visa program for Afghans
Sara Fischer / Axios:
Sources: Politico employees are mounting an effort to unionize with NewsGuild
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