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February 9, 2018

Five on Friday: Paywalls, Personalization and Top Jobs

Auto-renew Subscription, Business Services, Consumer Services, Metered Subscription, News, Paywall, Revenue and Sales, Subscriber Only, Subscription Business Marketing /

Anxious for the Olympics to kick off? Ease your angst with some super subscription ideas and advice. In this weeks edition of Five on Friday, tech giants like Apple and Google are trading licensing revenue for recurring revenue, big brands are slashing advertising budgets in favor of personalization, Digital River explains why customer-centric subscription companies are the most successful, Ad Exchange tells us why paywall strategies are about much more than the bottom line, and LinkedIn shares top subscription jobs.

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Tronc Sells LA Times and San Diego Union-Tribune for $500 Million in Cash

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On Wednesday, Tronc (NASDAQ: TRNC) announced it would sell the Los Angeles Times and The San Diego Union-Tribune for $500 million to billionaire Dr. Patrick Soon-Shiong in an all-cash sale. Soon-Shiong, who is the second-largest shareholder of Tronc, also agreed to buy Spanish-language Hoy Los Angeles and community newspapers. assume $90 billion in pension liabilities. The after-tax proceeds from the sale will be used to repay all outstanding corporate debt. The deal is expected to close late in the first quarter or early in the second quarter of 2018.

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