Tronc Media Company Buys New York Daily News

NEW YORK, NY - SEPTEMBER 5: Signage for the New York Daily News is displayed on the facade of their Broad Street office, September 5, 2017 in New York City. Tronc, the publisher of the Chicago Tribune and The Los Angeles Times newspapers, announced on Monday that is had purchased The New York Daily News. Previously owned by Mort Zuckerman, Tronc paid one dollar in cash plus the assumption of liabilities to purchase the nearly 100-year old tabloid newspaper. (Photo by Drew Angerer/Getty Images)