Murdoch remains hopeful in his quest for Newsday

The battle for Newsday continues, but Rupert Murdoch appears confident that News Corporation will win the bid for the Long Island newspaper, despite Cablevision's recent $650 million bid.

The battle for Newsday continues, but Rupert Murdoch appears confident that News Corporation will win the bid for the Long Island newspaper, despite Cablevision's recent $650 million bid.

“I don't think Cablevision will prevail; just be patient for a couple days,” The New York Times reported Murdoch saying in News Corporation's earnings conference call on Wednesday.

A Newsday article says Murdoch believes he will close the deal for the paper within one week.

News Corp's future operating plans, should it succeed in acquiring Newsday, include creating a large print center that would produce Newsday, the Post, and the Journal. Murdoch thinks this will help bring down printing and distribution costs, Newsday reports.

Also:

The NY Times reports, that the entertainment press is placing a larger emphasis on political campaign coverage than in past years. Possibly because, “having a woman and a young, photogenic man in the race hits the right notes, demographically speaking.”

Two more journalists were arrested in Zimbabwe.

Tweens are spending a lot of time in the online space.

ESPN and Coldplay join forces in a marketing campaign for European soccer.

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