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4:35 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:
David Bauder / Associated Press:
Conservative publisher Regnery to stop recognizing NYT best-seller list, meaning 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 …
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.
Annie Karni / Politico:
In his first post-White House job, Sean Spicer signs with Worldwide Speakers Group and 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.”
Seth Gecko / New Carlisle News:
Ohio photographer Andy Grimm, of the New Carlisle News, was shot by a cop at a traffic stop after his camera and tripod were mistaken for a weapon  —  Deputy Shoots New Carlisle News Photographer  —  New Carlisle News photographer Andy Grimm was shot by a Clark County deputy Monday evening.
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: Fashionista, @whatthebit and @rafat
Bloomberg:
Sources: Facebook offers labels “hundreds of millions of dollars” to cover infringing music in user-uploaded videos, as it improves copyright flagging tech  —  Would allow users to legally include songs in uploaded videos  —  Social network is challenging YouTube as hub for video on web
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.
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  —  A French court has ordered Closer magazine to pay €100,000 in damages over topless pictures of the Duchess of Cambridge.
Discussion: Associated Press
Richard Fausset / New York Times:
In the Southern US, a number of alternative magazines have emerged, from Scalawag to The Bitter Southerner  —  DECATUR, Ga. — It was Friday afternoon at Kimball House, a casually elegant bistro set in a 19th-century railroad depot where the bartenders wield Herbsaint, rye and peach honey.
 
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Ernesto / TorrentFreak:
Popular YouTube ripping site, YouTube-MP3, settles with RIAA and will shut down indefinitely
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

 
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