Top News:

Nexstar confirms it is acquiring Tribune Media Co. for $4.1B; the deal will make it the biggest operator of local TV stations in the US — The deal, worth $6.4 billion when including debt, will make the company the largest operator of local U.S. television stations.
Discussion:
Nexstar Media Group, Inc., Broadcasting & Cable, Variety, CNBC, Ad Age, Multichannel News and Radio & Television …
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Cynthia Littleton / Variety:
Nexstar Media Group CEO Perry Sook says he has already spoken with FCC Chairman Ajit Pai about Tribune acquisition, as company seeks federal approval — Nexstar Media Group CEO Perry Sook is taking a friendly approach to the FCC and other regulators as he begins the PR effort …
Discussion:
Variety, Broadcasting & Cable, Radio & Television …, Adweek, Reuters, Gizmodo and Engadget

Rappler's Maria Ressa, charged with tax evasion after coverage critical of Philippine government, says charges are being used to intimidate her — Editor of independent news website Rappler has been released on bail over charges she says are being used to intimidate her
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Rappler CEO Maria Ressa posts bail of 60K Philippine Pesos, after court finds probable cause that Rappler's parent company failed to disclose tax info — (3rd UPDATE) The case at the Pasig court is just one of the 5 tax cases the Department of Justice has filed against Rappler Holdings Corporation and its president Maria Ressa
Discussion:
@mariaressa, @daveyalba and Financial Times

Tumblr says it will permanently ban adult content from its platform beginning December 17 — Existing posts containing porn will be switched to private mode — Tumblr will permanently ban adult content from its platform on December 17th in a move that will eradicate porn-related communities …
Discussion:
Fast Company, Motherboard, Tumblr Staff, TechCrunch, Engadget, Adweek, Variety, Business Insider, RAPPLER, BGR, USA Today, Fortune, Hit & Run, Polygon, The Next Web, Mashable, Gizmodo, 9to5Mac and Boing Boing, more at Techmeme »

As digital outlets, which became entry points for young journalists after the demise of local newspapers, go under, journalism may lose a generation of talent — About five years ago, I was asked to visit the newsroom at Mic, a digital-media start-up backed by venture capital and focused on news for the millennial audience.
Discussion:
@mekosoff, @gaybonez, @chrisburkeshay, @jimrutenberg, @scottnover, @sulliview, @danielleiat, @dnvolz, @lainnafader, @mmckinne17, @genepark, @kelseymsutton, @glennthrush, @sulliview, @moorehn, @lfung and @jamilahking

NYT Opinion writer Bari Weiss and Vice writer Eve Peyser, former Twitter enemies, discuss how the Internet polarizes and divides — Bari Weiss and Eve Peyser were Twitter enemies. Then they met. — Ms. Weiss is a writer and editor for the Opinion section. Ms. Peyser writes about politics and culture for Vice.

When BuzzFeed relied on native ads it praised Facebook, but after failing to scale that business, it's now alarmed by Facebook/Google like any other publisher — I can't be the only person who was genuinely perplexed by the interview BuzzFeed CEO Jonah Peretti gave to The New York Times last week.
Discussion:
The Drum

Speaking on CNN podcast “The Axe Files”, CNN President Jeff Zucker says he is interested in running for office — CNN President Jeff Zucker appeared Monday on ‘The Axe Files,’ the CNN podcast with contributor and politico David Axelrod for an hour-long interview touching …
Discussion:
Episodes, TVNewser and The Daily Caller

Speaking at UBS media conference, New York Times COO Meredith Levien said some print subscribers are paying upwards of $1000/year for the paper — The New York Times has long been the gold standard of journalism in the United States, but for an unknown number of print subscribers …
Discussion:
Ad Age and @sarafischer

Glenn Beck's TheBlaze and Mark Levin's CRTV are to merge, creating a conservative-media entity called Blaze Media which they say will reach 165M people — The homes of Glenn Beck and Mark Levin are combining to create Blaze Media, which insiders say will reach 165 million people via television, digital platforms and social media.
Discussion:
@benshapiro, TheBlaze, CNN, The Daily Beast, CNBC, Newser, @owillis, @billyhallowell, @crtv, @glennbeck, @saragonzalestx, @heckyessica, The Wrap and Mediaite

Far-right activist and ex-Breitbart journalist Milo Yiannopoulos is $2M+ in debt, with creditors including his employees and Breitbart writer Allum Bokhari — Cache details deterioration in relationship between far right activist and his former Gold Coast-based promoters
Discussion:
Mediaite, @seanzevran, @stevesilberman, @repealist_, @robmanuel, @wajahatali, @mtracey, @j_zimms, @nrmorrow, @jimwaterson, @slpng_giants, @jason_a_w, @mattdpearce, @samsanders, @misselliemae, @crisprtek, @jessicavalenti, @glinner, @bernstein, @karolcummins, @tonybonesarelli, @kris_sacrebleu, @chick_in_kiev, @commonsenseb0t, @ositanwanevu, @jason_a_w, @swin24, @drance, @susanarendt, @mazmhussain, @_itsmarisworld_, @mattdpearce and Boing Boing