Rupert Murdoch, owner of News Corp. and the
New York Post, and
New York Daily News chief Mortimer Zuckerman may still get a piece of
Newsday.
Soon-to-be-new-
Newsday-owner
Cablevision put the
word
out, in the form of an anonymous executive, that one of the scorned media companies
could make a deal to share production, distribution, or advertising sales operations with the
Long Island
newspaper. Both the
Daily News and
the
Post were
reported
to have coveted
Newsday to cut costs
at its tabloids. Meanwhile,
Editor &
Publisher has early
reaction
to the deal, which may not
give Newsday owner Tribune Co. much debt-reduction breathing room.
Also in the media
glare:
Bloomberg's hiring
of former Time and Wall Street Journal editor Normal
Pearlstine could mean that the company is planning to emphasize
news.
Former Washington Post
reporter Peter Baker left
for the New York Times because of the
newspaper's treatment
of his wife, former assistant managing editor for national news Susan Glasser.
WNBC anchor Sue Simmons swears on the air.
Slate's Jack
Shafer pans The Wall Street Journal Editorial Report
on Fox News as only “a substitute Wall Street Journal editorial page
for people who can't read.”
Fortune may reduce staff, primarily
through buyouts.
PCWorld's editor resigns to
start his own Web site.
The Seattle Times drops
125 staffers through buyouts, layoffs.
Gannett offers
buyouts to 160 employees of five New
Jersey newspapers.
Journal Register Co. warns
that it could default by July.