How much of New
York's newspaper landscape can one man own? While redesigning
The Wall Street Journal, Rupert Murdoch
in principal to buy Newsday,
according to reports in the Journal
The agreement would send the Long Island
daily to News Corp. for $580 million, and Tribune would keep less than 5% of
the company's stock, according to the Journal. Days earlier, publisher Tim Knight said that Tribune owner Sam Zell's revelation that outside parties had
inquired about the newspaper left "uncertainty." Meanwhile, New York Mayor
Michael Bloomberg coyly denied
he's interested in buying The New York
he's “not a newspaper person.”
Sounds vaguely like those, "I'm not (maybe) running for
president," he made.
Also in the media
Former White House Press Secretary and Fox News and radio
talk show host Tony Snow joins
CNN as a contributor.
The New York Post slims
down – barely.
Fox Business won't release
CBS chief Les Moonves says he's sticking
with Katie Couric, but the network cancels
its pre-North Carolina
CNN's British reporter Richard Quest is busted
in Central Park for drug possession.