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12:55 PM ET, September 5, 2017

Mediagazer

 Top News: 
tronc, inc.:
Tronc acquires outstanding interests of Daily News LP, owner of New York Daily News and NYDailyNews.com  —  Expands tronc Presence as Provider of Award-Winning Content Across Ten Major U.S. Media Markets  —  Combined Digital Platform Has Over 80 Million Unique Monthly Visitors
RELATED:
Peter Kafka / Recode:
Source: Mort Zuckerman sold The New York Daily News to Tronc for nothing, in a bid to offload its ~$61.2M in liabilities  —  Bupkis.  —  The New York Daily News is one of the biggest newspapers in the country.  It's an influential voice in the biggest city in the country.  Earlier this year, it won a Pulitzer.
Matthew Nussbaum / Politico:
EPA accuses AP reporter of “incredibly misleading story” that said staff were not present at Houston's flooded toxic waste sites yet confirms story's key points  —  The agency accused the reporter of an ‘incredibly misleading story’ about its Harvey response ‘from the comfort of Washington.’
Annie Karni / Politico:
In his first post-White House gig, Sean Spicer signs with Worldwide Speakers Group; he will speak at a conference in NYC on September 11  —  President Donald Trump's former press secretary will go on the paid speaking circuit.  —  Sean Spicer is cashing in on “candor.”
David Bauder / Associated Press:
Conservative publisher Regnery to stop recognizing NYT best-seller list and its writers won't be able to claim title of New York Times best-selling author  —  NEW YORK (AP) — A company that publishes books by Laura Ingraham, Mark Levin, Ann Coulter and other conservative authors …
Manish Singh / NDTV Gadgets 360:
Facebook bid $600M for online streaming rights of a popular cricket tournament in India for 5 years but was outbid by Star India  —  As Facebook gets serious about video, the social giant's ambitions for live streaming were on display on Monday in India where it put a bid north of $600 million …
Ernesto / TorrentFreak:
Popular YouTube ripping site, YouTube-MP3, settles with RIAA and will shut down indefinitely  —  YouTube-MP3, the world's leading YouTube ripping site, has agreed to shut down indefinitely and hand over its domain to the RIAA.  A private settlement agreement, including an undisclosed payment …
Alexandra Steigrad / WWD:
Sources: Condé Nast to announce another restructuring this week, as well as heavy cuts to editorial and business teams  —  Another round of job cuts and structural changes are expected this week.  —  Condé Nast's New York office.  —  Condé Nast is expected to roll …
Discussion: @whatthebit and @rafat
Elaine Ramirez / Nieman Lab:
Korean incubator Mediati houses up to six media startups at a time, providing each with up to $50K in seed funding in return for a 10-15% stake  —  “When young people start working for traditional media, they lose their edge, which is why it's crucial from Mediati's point of view to recruit young people before they get corrupted."
Tim Ingham / Music Business Worldwide:
Apple says it is ending its ten-year-old annual Apple Music Festival in the UK and will likely concentrate on one-off events and original content efforts  —  Apple has confirmed to MBW that it will no longer be hosting the annual Apple Music Festival at London's Roundhouse.
 
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 More News: 
Richard Fausset / New York Times:
In the Southern US, a number of alternative magazines have emerged, from Scalawag to The Bitter Southerner
Sky News:
French court orders Closer magazine to pay €100K over topless pics of Duchess of Cambridge; magazine's owner and editor must pay €45K each in fines
Discussion: Associated Press
 Earlier Picks: 
Shan Wang / Nieman Lab:
Q&A with Hillary Frey, the head of strategy for HuffPost who conceived of and is overseeing the company's Listen to America tour
Discussion: @aravosis