Top News:

Sources: three media veterans are launching a subscription media company with funding led by 40 North Media and TPG Growth, to bundle journalists and resources — Joe Purzycki, Jon Kelly and Max Tcheyan are striking off on their own.
Discussion:
New York Times, The Hill, @loudmouthjulia, @chaykak, @doree, @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, @axios, @dylanbyers, @peterhamby, @mikeallen and @sarafischer

Tucker Carlson used the J&J vaccine pause to suggest the US government knows that COVID-19 vaccines don't work but is purposely “not telling you that” — “Well, you'd hate to think that especially if you've gotten two shots but what's the other potential explanation?
Discussion:
@jesselehrich, Media Matters for America, Columbia Journalism Review, @mattgertz, New Republic, Talking Points Memo, Washington Post, The Hill, The Atlantic, Daily Herald, Fox News, @ericboehlert, @aravosis, LAUGHTER AND TEARS, @mattgertz, @rschooley, @chelseaclinton, @parkermolloy, @davidfrum, @drkomanduri, @oliverdarcy, The Week, @patterico and Mediaite

Fox says Lachlan Murdoch will return to LA from Australia in early September to reopen Fox HQ “and will go back to working and living in the US” — SYDNEY (Reuters) - Fox Corp chief executive Lachlan Murdoch will return to the United States from a months-long Australian sojourn …
Discussion:
@mslindsaygraham, @mattzeitlin, @mollyjongfast, @donmoyn, @benyt, @benyt, @brianstelter, @alexweprin, The Hill, @karaswisher, @jayrosen_nyu, @oliverdarcy and @jgreenblattadl

Disney confirms that Kim Godwin will be the next president of ABC News, taking over the role most recently held by James Goldston — Kim Godwin, a veteran of local and national TV-news operations, will be the next president of ABC News — and the first Black executive to run a broadcast-network news operation.

The White House Correspondents' Association dinner has been canceled for a second year due to the pandemic; the next dinner is set for April 30, 2022 — The annual White House Correspondents' Association (WHCA) dinner has been canceled for the second year in a row due to the coronavirus pandemic.
Discussion:
The Wrap, Variety, TVNewser, @ameshiacross and @rtyson82

Plex raises $50M+ Series C from existing investor Intercap, bringing its total raised to $60M, and says it has more than 25M registered users globally — Streaming media service Plex, looking to grow its free, ad-supported video business, announced that it raised more than $50 million …
Discussion:
Digital TV Europe, Light Reading, The Streamable, Engadget, Protocol, Plex, TechCrunch, FierceVideo and Fast Company

Hundreds of executives and companies, including Netflix, ViacomCBS, Apple, and Amazon, sign a statement opposing “any discriminatory legislation” around voting — Amazon, Google, G.M. and Starbucks were among those joining the biggest show of solidarity by businesses over legislation in numerous states.
Discussion:
Mediaite, Insider, New York Post, Hollywood Reporter, GeekWire, The Hill, @paulg, The Wrap, @ariberman, @markos, @mikeisaac, The Daily Caller, @kylegriffin1, @ariberman, @edmundlee and Maples on Politics, more at Techmeme »

Facebook rolls out a local news section for UK users of Facebook News, after launching a similar section in the US last year — Facebook has rolled out a local news section for UK users of Facebook News. — The social network said in a blog post that the new feature will help …
Discussion:
The Drum, Facebook Journalism Project and One Man & His Blog

Univision and Mexico's Televisa unveil a $4.8B deal to merge, partly financed by a $1B Series C led by SoftBank's Latin American Fund — The two companies announce a plan to combine media, production and content assets. — Two of the biggest Spanish-language media companies in the world are planning to merge.
Discussion:
Los Angeles Times, The Hill, Financial Times, Axios, The Wrap, @w7voa, NewscastStudio, FierceVideo, @aquinas82nd, @fidmart85, The Desk, Forbes, Bloomberg, Deadline, Reuters, Variety, Radio & Television … and KABE-LP

Report: in pitch decks submitted to US advertisers about new ad formats, TikTok says it has 732M MAUs globally, 100M+ in the US, 59% of its users are under 24 — TikTok is planning to launch a range of new eCommerce focused ad offerings as it seeks to maximize its revenue potential …
Discussion:
Insider, @tanyadua, @dwhate, @tanyadua, @pip_net, @joshsternberg, Music Business Worldwide, @mattnavarra, @prodbywalkz, @tanyadua and musically.com

The New York Post says it is testing a personalized shopping widget after its affiliate commerce revenues grew 94% YoY in 2020 — The New York Post is one of many publishers that's recently learned its audience trusts their shopping recommendations. It's trying to get more mileage …

Source: Susan Zirinsky, the first woman to lead CBS News, to announce that she is stepping down from the presidency of the division, as soon as this week — As of — Data delayed at least 15 minutes — Source: Factset — Here's what you need to know:
Jim Prosser / Medium:
Shifts driving a16z and others to start their own media: business has more trust than press, consumption changes devalue news orgs, PR reps outnumber reporters — Earlier this year, venture capital firm Andreessen Horowitz set off a shockwave through the technology, tech investing …
Discussion:
The Rebooting, @nataliekerris and @jimprosser