MEDIA

N.Y. Daily News Gets More Time: Potential buyers, unions and creditors of New York’s Daily News have been given until Aug. 17 to strike a deal on selling the newspaper, lawyers involved in the talks said. Howard Seife of Winston & Strawn, who represents creditors, said U.S. Bankruptcy Judge Tina Brozman extended the exclusivity for seven days. Exclusivity gives the tabloid the sole right to file a reorganization plan for the News to emerge from Chapter 11 bankruptcy protection. How it reorganizes depends on which of three suitors buys the paper. Potential buyers are real estate developer Mortimer Zuckerman, who owns U.S. News & World Report; Conrad Black, owner of Britain’s Daily Telegraph and the Jerusalem Post; and a so-called stand-alone group that would give the newspaper’s 10 unions some equity in the paper.