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1:35 PM ET, August 5, 2021

Mediagazer

 Top News: 
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.
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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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.
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?
RELATED:
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.
RELATED:
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.
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.
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  —  An analysis of programmatic advertising data conducted by NewsGuard and Comscore finds that misinformation publishers …
Sarah Scire / Nieman Lab:
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.
Kait Sanchez / The Verge:
Starting August 10, NYT will no longer make crosswords available in third-party apps, meaning puzzle solvers will have to use the NYT site or its crossword app  —  .puz support is no more  —  People will no longer be able to play the digital version of The New York Times daily crossword puzzle …
Discussion: @backlon and New York Times
 
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 More News: 
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
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
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
 Earlier Picks: 
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
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
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