Mediagazer: Tencent Music sets its US IPO price range of $13 to $15 per share, aims to raise $1.15B at a valuation of $23.4B at midpoint of the range (NASDAQ.com)

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 …

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

Hannah Ellis-Petersen / The Guardian:

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

Discussion: @rapplerdotcom, @karaswisher, CNN, @kippenbergj, @kathleencarrll, @ewong, @dangillmor, @voltairetupaz, @amlwhere, @davidakaye, @greta, @simonostrovsky, @danapriest, @fcchk, @hannahep, @karaswisher, @raju, @kenroth, RAPPLER and Peter O'Kelly's Reality Check

Camille Elemia / RAPPLER:

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

Shannon Liao / The Verge:

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, Business Insider, Variety, RAPPLER, BGR, USA Today, Fortune, Hit & Run, Polygon, The Next Web, Mashable, Gizmodo, 9to5Mac and Boing Boing, more at Techmeme »

Margaret Sullivan / Washington Post:

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

New York Times:

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.

NASDAQ.com:

Tencent Music sets its US IPO price range of $13 to $15 per share, aims to raise $1.15B at a valuation of $23.4B at midpoint of the range — Tencent Music Entertainment Group, China's largest online music-streaming service, announced terms for its IPO on Monday.

Discussion: Reuters, BBC, Business Insider, RAIN News and The White House, more at Techmeme »

Simon Owens / What's New in Publishing:

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

Caleb Howe / Mediaite:

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

Jon Levine / The Wrap:

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

Paul Bond / Hollywood Reporter:

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, @owillis, @billyhallowell, @crtv, @glennbeck, @saragonzalestx, @heckyessica, Newser, The Wrap and Mediaite