Rupert Murdoch's News Corp. is about to buy Newsday for close to $580 million, and pull off a neat trick in the process: bringing profitability to Murdoch's other, cash-bleeding tabloid, the New York Post. By combining the Post and Newsday into a joint business venture, Murdoch stands to "wipe out as much as $50…
Since when is Newsday so hot? The paper consistently publishes the most boring front page of any of the Gotham tabloids, but the publication is clearly stirring the passions of corporate tycoons. Rupert Murdoch's interest emerged yesterday; now it's clear that the News Corp. CEO and Post owner must queue with other…
New York has long been an anomaly among American cities: the metropolitan area supports four competing daily newspapers, the New York Times, the Post, Daily News and, in Long Island, Newsday. Maybe not for much longer. Crains, the business newspaper, claims Rupert Murdoch's News Corporation may have approached the…
