Mortimer Zuckerman

9 Stories

Tronc Snaps Up New York Daily News

Zuckerman sells tabloid after 24 years

(Newser) - Newspaper publisher Tronc has acquired the New York Daily News, the storied tabloid that won a Pulitzer Prize this year but has been buffeted by the changing media environment. Chicago-based Tronc Inc., the publisher of the Los Angeles Times and the Chicago Tribune, announced the deal Monday night, and the... More »

Bloomberg's Dream Choices for Next Mayor: Schumer, Hillary?

Ed Rendell, Hillary Clinton among floated names

(Newser) - With New York City's mayoral election coming this year, eyes are on City Council speaker Christine Quinn as Michael Bloomberg's preferred successor. But the New York Times runs through a few less-likely names being tossed about with various levels of seriousness by Bloomberg's advisers. Among them: Hillary... More »

Zuckerman Not Running for New York Senate Seat

Daily News publisher won't challenge Kirsten Gillibrand

(Newser) - Kirsten Gillibrand lost another challenger today: Publisher and real estate mogul Mort Zuckerman won't be running for her Senate seat after all. "I was encouraged by many major political figures in New York to look closely at running for Senate," Zuckerman told the Daily News . "However, at... More »

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 »

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 investors... More »

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 »

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 »

9 Stories