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.