In the News Corporation’s earnings conference call on Wednesday, Rupert Murdoch voiced skepticism that Cablevision can succeed in its bid for Newsday, which is now at the center of a tussle among three New York moguls, even as he vowed not to get into a bidding war for the newspaper.

Mr. Murdoch spoke on the call with Wall Street analysts and the press after the release of quarterly earnings from the News Corporation, the global media conglomerate he controls. On the call, he said, “no, I don’t think Cablevision will prevail; just be patient for a couple days.”

Several weeks ago it appeared that News Corporation had a tentative deal to buy Newsday, based on Long Island, for about $580 million, but two other bidders have come forward.

To read the article, click here [1].