What's there to say about Newsday? I don't know, I'm not from Long Island. People from Long Island are quite happy with all that beach access. But even with the ocean, writers from Newsday aren't so happy and have been hoping for a takeover, mostly because Sam Zell is an asshole, though occasionally a charming one. Anyway, because Sam Zell is so real , he finally admitted that he's trying to unload the paper. Memo from Newsday publisher Tim Knight via The Observer, after the jump.
Dear fellow Newsday employee,
Sam Zell hosted a conference call with Tribune lenders today. In the course of taking questions, he acknowledged that he has received inquiries about Newsday.
As we all know, Newsday does an excellent job of serving a very desirable marketplace of people who are highly valued by advertisers. It is not surprising that the possibility of acquiring Newsday would generate a lot of interest. Whether anything will ultimately happen as a result of these expressions of interest is not known at this time. I know this creates uncertainty; however, the people of Long Island are depending on us to stay focused on delivering them local, unique and useful news and information, such as our important investigative coverage of LI school districts' pension scandal.
If and when there is something tangible to report, I will let you know.