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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Mortimer Zuckerman

Mortimer Zuckerman stories: 6 news summaries

More Banks, Celebs Losers
in Madoff Scam

BNP Paribas, RBS join charities of Spielberg, Wiesel as Ponzi victims

(Newser) - Bernard Madoff’s alleged Ponzi scheme, which federal investigators say cost investors $50 billion, continues to claim more victims, reports the Wall Street Journal. Spain’s Grupo Santander and France’s BNP Paribas said yesterday they’re on the list, as are charities involving Nobel laureate Elie Wiesel and director... More »

 Cablevision Buys Newsday 

LI company wins battle for paper

(Newser) - Cablevision will pay Tribune Co. $650 million for Newsday, the companies said this morning. The cable operator's bid for the Long Island daily and its free offshoot amNew York topped $580 million offers from New York Daily News owner Mortimer Zuckerman and News Corp., reports the Wall Street Journal. More »

MORE ABOUT:
newspaper Rupert Murdoch Cablevision Newsday Mortimer Zuckerman

 Murdoch Drops Newsday Bid 

News Corp. calls matching Cablevision's $650 million offer "uneconomical"

(Newser) - Rupert Murdoch has dropped his $580 million bid for Newsday. Cable operator Cablevision has offered $650 million for the Long Island daily, and Murdoch’s News Corp. said a higher bid would be “uneconomical.” The media tycoon’s dropout was unexpected, Reuters says, considering Murdoch recently told... More »

MORE ABOUT:
Rupert Murdoch Sam Zell Tribune Company Cablevision Newsday News Corp Mortimer Zuckerman

Daily News Owner Makes Newsday Bid

Zuckerman v. Murdoch fight may hinge on
who can clear FCC

(Newser) - Daily News owner Mort Zuckerman has matched Rupert Murdoch's bid for Newsday, the New York Times reports—but didn't go a penny over the $580 million the New York Post owner offered. Instead Zuckerman claimed his bid is the better one because, unlike Murdoch's, it doesn't run the risk of... More »

MORE ABOUT:
Rupert Murdoch Sam Zell FCC Tribune Company Cablevision New York Post Newsday New York Daily News Mortimer Zuckerman

ANALYSIS

Newsday Sale Another Bad Sign in Teetering Industry

New paper owners face outlook grimmer than those that scared off predecessors

(Newser) - Just last year, Sam Zell was optimistic enough about newspapers to buy the Tribune Company. Now he’s selling Newsday, one of the conglomerate’s top publications. “The news business is something worse than horrible,” he said recently. Across the industry, gung-ho new owners like Zell are experiencing... More »

 Zell Might Sell Newsday 

Tribune Co. may unload paper; Rupert Murdoch is interested

(Newser) - Falling ad revenues could push Sam Zell's Tribune Company to sell Newsday, the Long Island newspaper with the 10th-highest circulation in the nation, the New York Times reports. Among those interested are Rupert Murdoch, who already owns the New York Post. Also in the running are the owner of the... More »

MORE ABOUT:
Rupert Murdoch Sam Zell Tribune Company New York Post ad revenue Newsday News Corp James L. Dolan Mortimer Zuckerman

6 Stories