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July 24, 2008 2:14:13 PM CDT

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Stories related to: Newsday

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11 Stories

  • May 2008

    • Cablevision Buys Newsday

      newser  |  Wall Street Journal  |  May 12, 08 8:07 AM CDT

      Cablevision Buys Newsday

      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 »

      Tags

      Rupert Murdoch  • newspaper  • Newsday  • Cablevision  • Mortimer Zuckerman

    • Murdoch Drops Newsday Bid

      newser  |  Reuters  |  May 10, 08 1:44 PM CDT

      Murdoch Drops Newsday Bid

      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 a deal was nearly done. A $580 million bid from Mortimer Zuckerman, owner of the rival Daily News , remains on the table. More »

      Tags

      Rupert Murdoch  • News Corp  • Tribune Company  • Sam Zell  • Newsday  • Cablevision  • Mortimer Zuckerman

  • April 2008

    • Daily News Owner Makes Newsday Bid

      newser  |  New York Times  |  Apr 26, 08 6:02 AM CDT

      Daily News Owner Makes Newsday Bid

      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 running into an FCC tripwire. More »

      Tags

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

    • Murdoch Calls FCC Bluff With Newsday Move

      newser  |  New York Times  |  Apr 23, 08 6:43 PM CDT

      Murdoch Calls FCC Bluff With Newsday Move

      Rupert Murdoch is betting new federal standards limiting media ownership to one TV station and one newspaper (per market) won't keep him from buying a fifth New York outlet. The mogul has long held waivers to control media in excess of the rules, and he doesn't think recent enforcement pledges will stop him from winning permission to own Newsday , the Times reports. More »

      Tags

      Rupert Murdoch  • News Corp  • FCC  • Wall Street Journal  • Newsday  • New York Post

    • Murdoch Closing In on Newsday Deal

      newser  |  Reuters  |  Apr 22, 08 10:27 AM CDT

      Murdoch Closing In on Newsday Deal

      Rupert Murdoch's News Corp. empire is closing in on a deal to buy Newsday from the Tribune Company for an $850 million package, reports Reuters. Under the terms of the deal, Newsday would be run as a joint venture with the New York Post , but the papers would remain separate for now. Tribune would get $550 million in cash and retain a 5% stake in Newsday . More »

      Tags

      Rupert Murdoch  • News Corp  • acquisitions  • newspaper  • Tribune Company  • Newsday  • New York Post  • media ownership

    • Zell Turns to Radio Talent to Shake Up Newspapers

      newser  |  Wall Street Journal  |  Apr 7, 08 8:20 AM CDT

      Zell Turns to Radio Talent to Shake Up Newspapers

      New publishing mogul Sam Zell is recruiting colorful veterans from the radio industry in a bid to help save his struggling Tribune Company, the Wall Street Journal reports. Zell is hoping the imports will spark innovation at the company, whose debt has swelled to $12.8 billion amid declining newspaper ad revenue. Most of the new recruits come from Clear Channel Communications; they're expected to shake up Zell's newspapers as they did the radio scene. More »

      Tags

      Chicago Cubs  • newspaper  • radio  • Tribune Company  • Sam Zell  • Los Angeles Times  • Newsday  • Clear Channel  • Chicago Tribune  • local TV stations

  • March 2008
  • December 2007

    • Zell Seals $8.2B Tribune Deal

      newser  |  Chicago Tribune  |  Dec 20, 07 1:16 PM CST

      Zell Seals $8.2B Tribune Deal

      Billionaire Sam Zell today sealed his bid to buy Tribune Co., proving wrong all Wall Street naysayers since his original $8.2 billion offer last April. Zell steps in as CEO and chairman, and promises sweeping reforms to the way the now-private media conglomerate will be run, the Chicago Tribune reports. "You call it CEO and I'll call it owner," Zell said of his new role. More »

      Tags

      Chicago Cubs  • Tribune Company  • Sam Zell  • Los Angeles Times  • Newsday

  • August 2007

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