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* Impala, a group representing 2,000 smaller record labels, said it would ask the European Union’s high court to overturn a decision by EU regulators approving the merger between the music units of Japan’s Sony Corp. and Germany’s Bertelsmann. The group contends that the deal, which creates the world’s second-largest music company, would unfairly concentrate market power.

* U.S. prosecutors in New York have subpoenaed the Daily News and New York Post in a probe of how the rivals report circulation figures to potential advertisers. A competitor of the two New York papers, Tribune Co.’s Newsday, previously acknowledged circulation misstatements.

* Diedrich Coffee Inc. founder Martin Diedrich announced that he was leaving the Irvine-based chain to pursue other interests.

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* New York Times Co. plans to shut down its television production unit, resulting in the loss of about 24 jobs, as it focuses its efforts on the Discovery Times Channel, its 50-50 joint venture with Discovery Communications Inc.

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