Newsday’s ‘cow pasture’ sells for $54M

Newsday’s ‘cow pasture’ sells for $54M

The old cow pasture just sold for $54 million. The 48-acre parcel of land in Melville, Long Island, where Newsday is based — once lampooned as a cow pasture by then Daily News co-owner Fred Drasner — has fetched $54 million, according…

Journalist who reported on EU corruption found raped and murdered

Journalist who reported on EU corruption found raped and murdered

SOFIA — A Bulgarian journalist who reported on an investigation into alleged corruption involving European Union funds has been murdered in the Danube town of Ruse, authorities said Sunday. Prosecutors in the Balkan country said that the body of 30-year-old Viktoria Marinova…

Fox will sell its Sky stake to Comcast

Fox will sell its Sky stake to Comcast

Twenty-First Century Fox agreed to sell its stake in Sky to Comcast, securing the US cable group’s $40 billion takeover of its European peer and ending Rupert Murdoch’s relationship with the UK-based broadcaster. Comcast outbid Fox in an auction to take control…

LA Times owner backs McClatchy bid for Tronc

LA Times owner backs McClatchy bid for Tronc

Dr. Patrick Soon-Shiong, the Los Angeles health care billionaire, has apparently shifted sides and is now backing the bid by McClatchy Co. to take over Tronc, owner of the Chicago Tribune, the Baltimore Sun and the struggling Daily News. The good doctor…

Hearst combines print, digital staff of Popular Mechanics

Hearst combines print, digital staff of Popular Mechanics

Hearst, which has long kept its digital and print staffs separate, is now moving to combine the staffs of Popular Mechanics under the print editor-in-chief, Ryan D’Agostino. He is the first print editor in Hearst Tower to have control of a brand’s…

Group in talks to buy Sports Illustrated, Fortune and Money

Group in talks to buy Sports Illustrated, Fortune and Money

Sports Illustrated, Fortune and Money — the last former Time Inc. titles that Meredith is selling off — are said to be in final negotiations with a buyout group that includes billionaire Dan Gilbert and best-selling author and motivational speaker Tony Robbins,…

Ex-Slate EIC, Malcolm Gladwell will launch podcast company

Ex-Slate EIC, Malcolm Gladwell will launch podcast company

Jacob Weisberg, who surprised the digerati by resigning from his post as chairman and editor-in-chief of the Slate Group, pulled back the curtain a bit on the new podcast company he is launching with bestselling author Malcolm Gladwell. “I’m interested in positioning…

Verizon names new Oath CEO to replace Tim Armstrong

Verizon names new Oath CEO to replace Tim Armstrong

Verizon Communications on Wednesday named K. Guru Gowrappan as the new chief executive officer of its media and advertising business, Oath, replacing Tim Armstrong. Verizon last week said Armstrong was in talks to leave Oath. Gowrappan, currently Oath’s chief operating officer, will…

Donerail’s bid to buy Tronc is ‘progressing’

Donerail’s bid to buy Tronc is ‘progressing’

The bid by hedgie Will Wyatt’s Donerail Group to buy Tronc, owner of the Chicago Tribune and the struggling New York Daily News, “is progressing,” but no deal is done yet. Odds of getting one done are improving, however, said one source…

This week’s 6 must-read books

This week’s 6 must-read books

Lake Success Gary Shteyngart (fiction, Random House) Hedge-fund manager Barry Cohen’s life has blown up rather spectacularly. His marriage is crumbling, he refuses to accept the autism diagnosis of their 3-year-old and he’s under investigation from the SEC. Fleeing the city and…

ESPN reporters clash in battle over Michigan State abuse story

ESPN reporters clash in battle over Michigan State abuse story

Well, this is awkward. After news broke Thursday that Michigan State was cleared by the NCAA of any potential violations in the allegations of sexual assault against its basketball and football programs, ESPN analyst Kirk Herbstreit shared the news in a since-deleted…

ITC eliminates US tariffs on Canadian paper mills

ITC eliminates US tariffs on Canadian paper mills

The International Trade Commission on Wednesday nixed US tariffs that had been slapped on the Canadian paper mills earlier this year — a win for domestic newspapers that have lately been forced to shoulder higher prices for newsprint. The tariffs had been…

Trump slams Google for ‘rigged’ search results

Trump slams Google for ‘rigged’ search results

President Donald Trump on Tuesday accused Google of meddling with search results for “Trump News” to prioritize negative coverage about him from liberal media outlets. “Google search results for ‘Trump News’ shows only the viewing/reporting of Fake New Media,” the president said…

Colts icon’s racial slur controversy has domino firing effect

Colts icon’s racial slur controversy has domino firing effect

Bob Lamey’s controversial transition into retirement is having a domino effect. The off-air story that put the longtime Colts announcer in hot water earlier this week included a racial slur that was originally used by retired racecar driver Derek Daly, reported WISH-TV,…

W editor welcomes magazine’s pending sale

W editor welcomes magazine’s pending sale

Stefano Tonchi, the W editor-in- chief, doesn’t have the money to buy the title — one of three put up for sale recently by Condé Nast — but thinks it could have a great future under a new owner. The oversized glossy…

Social media tributes flow for the late, great Aretha Franklin

Social media tributes flow for the late, great Aretha Franklin

Australian stars are among those paying tribute to the world's undisputed Queen of Soul, Aretha Franklin, who died in Detroit surrounded by family and friends. Following several years of ill health, Franklin's death from pancreatic cancer on Thursday came after she was admitted…

Timing is everything with these brilliant ‘caught in-the-moment’ snaps shared on social media

Timing is everything with these brilliant ‘caught in-the-moment’ snaps shared on social media

These snaps show how sometimes a funny coincidence or perfectly timed click can result in something far better than you could have ever prepared for. From curious angles to heart-stopping moments, these images will leave you marvelling at how excellently the moment…

Christian magazine Simple Grace will fold after August issue

Christian magazine Simple Grace will fold after August issue

Amid an ongoing reorganization of publishing house Bauer, we’re told that its Christian magazine, Simple Grace, has been read its last rites. It’s set to fold after the August issue hits stands. Saintly sources say editor Carol Brooks, who also helms Bauer’s…

Everything’s less stressful in Texas, according to survey

Everything’s less stressful in Texas, according to survey

Folks in Texas may be among the happiest and stress-free in the country. Sales of books in the “Anxiety” and “Seeking Happiness” categories — among the fasting-growing themes — posted sales declines in Texas steeper than in other state, according to a…

Sinclair, Tribune shares jump after Trump slams FCC

Sinclair, Tribune shares jump after Trump slams FCC

Sinclair Broadcast Group and Tribune Media shares rose on Wednesday after President Trump criticized the Federal Communications Commission for deferring a decision last week on their proposed $3.9 billion tie-up and a federal appeals court upheld a rules change on broadcast ownership…