Newsday

Welcome to New Jersey, Media Wasteland

Lindsy Embree — Thu, 14 Aug 2008 07:21:02 -0700

Politicians Reaction to Newsday-Cablevision Deal Mixed

Stevie Converse — Wed, 30 Jul 2008 06:39:04 -0700

Cablevision's Acquisition of Newsday Complete

Stevie Converse — Wed, 30 Jul 2008 05:49:37 -0700

After Years of Turmoil, Newsday Prepares for Another Owner

Stevie Converse — Tue, 27 May 2008 10:53:32 -0700

Not so long ago, Newsday belonged to the front rank of American journalism. It reached far beyond its original role as chronicler of Long Island, covered news worldwide, undertook big reporting projects and even had the audacity to take on the New York City market.

Cablevision: Newsday Buy Is a 'Wonderful Fit'

Stevie Converse — Fri, 23 May 2008 08:35:39 -0700

As it awaits a regulatory review of the pending purchase of Newsday, Cablevision Systems Corp. yesterday called the deal a "wonderful fit" to mostly supportive shareholders but lost patience with one who begged to differ.

New Vision for Newsday

Holiday Shapiro — Tue, 13 May 2008 08:45:35 -0700

Having clinched a deal for Newsday, Cablevision Systems Corp.'s challenge now is to ensure that the $650 million it will shell out for the newspaper will be worth it.

Tribune to Sell Newsday to Cablevision

Holiday Shapiro — Tue, 13 May 2008 08:38:31 -0700

Tribune Co. today announced an agreement to sell Long Island newspaper Newsday to Cablevision Systems Corp. for $650 million.

Newsday Sale Eases Tribune Debt - For Now

Holiday Shapiro — Tue, 13 May 2008 08:14:29 -0700

Tribune Co.'s $650 million sale of Newsday, announced Monday, is an important step toward alleviating its debt burden — for this year.

Newsday Buy Should Clear Regulatory Hurdles

Holiday Shapiro — Tue, 13 May 2008 08:07:58 -0700

Cablevision’s $650 million purchase of the venerable Long Island newspaper Newsday shouldn't face high regulatory hurdles in Washington D.C., according to one media analyst.

Cablevision Enlarges News Push with Newsday Buy

Holiday Shapiro — Tue, 13 May 2008 08:01:27 -0700

MSO Cablevision Systems doubled up its news footprint on Long Island in suburban New York by firming a $650 million definitive agreement Monday to buy a 97% stake in local daily newspaper Newsday.

News Corp. Unexpectedly Drops Bid for Newsday

Holiday Shapiro — Mon, 12 May 2008 07:46:06 -0700

Rupert Murdoch's News Corp on Saturday dropped its $580 million bid for Tribune Co's Newsday newspaper, just days after Murdoch said a deal was imminent, leaving cable television operator Cablevision as the likely winner of the Long Island daily.

News Corp. Withdraws Bid to Buy Newsday

Stevie Converse — Mon, 12 May 2008 05:52:08 -0700

News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island daily paper Newsday, a News Corp. spokeswoman said Saturday.

The decision to revoke the offer came just days after Murdoch confidently predicted he would clinch a deal to buy the newspaper within a week.

Sources Say Cablevision's Newsday Bid Taken Seriously

Stevie Converse — Fri, 09 May 2008 08:36:12 -0700

A day after News Corp. chief Rupert Murdoch spoke confidently that he would end up buying Newsday, sources familiar with the negotiations in Chicago said last week's higher bid from Cablevision Systems Corp. is being seriously considered.

Murdoch Confident He'll Land Newsday

Stevie Converse — Thu, 08 May 2008 09:16:44 -0700

Although his company is reported to be holding tight to its $580 million offer for Newsday despite apparently being outbid, News Corp. Chairman Rupert Murdoch believes he ultimately will wind up with Tribune Co.'s Long Island, N.Y., newspaper.

As News Corp. Posts Wide Gains, Murdoch Keeps His Sights on Newsday

Stevie Converse — Thu, 08 May 2008 08:37:44 -0700

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.

Cablevision’s Newsday Bid Would Face Few Regulatory Hurdles

Stevie Converse — Wed, 07 May 2008 07:57:25 -0700

If Cablevision Systems manages to wrest the Tribune Company's Long Island, N.Y., newspaper Newsday away from other interested bidders, the transaction would raise the ire of consumer groups, but regulators in Washington won't have much to say, The Deal.com reported.

What Does Cablevision Want With Newsday?

Holiday Shapiro — Tue, 06 May 2008 07:28:10 -0700

For a business supposedly on the edge of extinction, newspapers attract an odd assortment of newcomers eager to get in on the game.

Cablevision-Newsday Union Could Raise Regulatory Concerns

Holiday Shapiro — Tue, 06 May 2008 07:20:43 -0700

Should Cablevision Systems Corp. succeed in its quest to acquire Long Island newspaper Newsday the deal could come under regulatory scrutiny, according to Sanford C. Bernstein & Co. vice president and senior analyst Craig Moffett.

Murdoch Won't Raise Bid for Newsday

Stevie Converse — Mon, 05 May 2008 09:43:33 -0700

Rupert Murdoch's News Corp., which had appeared close to a deal to buy Newsday, doesn't plan to raise its bid for the Long Island newspaper despite a higher offer from Cablevision Systems Corp., a person familiar with the matter said Friday.

Cablevision Set to Raise the Stakes in Newsday Bidding

Stevie Converse — Thu, 01 May 2008 08:00:35 -0700

Cablevision is preparing a $650 million offer for Newsday, $70 million more than bids by Rupert Murdoch and Mortimer B. Zuckerman, while the owners of The New York Observer have dropped out of the bidding, people briefed on the matter said on Wednesday.