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Tribune to sell Newsday to Cablevision
Summary from multiple countries, from articles in English
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Cablevision said on Monday the deal returns the newspaper to Long Island, New York, ownership after 40 years, and said it sees opportunities for cross-marketing and advertising with its cable operations in the same area. (article 5)
NEW YORK - Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co. in a deal valued at US$650 million, the companies announced Monday. (article 1)
Nestle SA said Monday that it is significantly scaling back plans to build what would have been the country's largest water bottling plant at the base of Mount Shasta. (article 13)
With soaring fuel and transportation costs, building a 1 million-square-foot facility no longer makes economic sense, said David Palais (article 13)
Cablevision, a cable TV provider, beat out media mogul Rupert Murdoch who withdrew his own $580 million bid on Saturday. (article 2)
Paul Levinson, chairman of the communications and media studies department at Fordham University, agreed, and said newspapers have little choice but to combine with others in order to survive. (article 11)
NEW YORK News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp. spokeswoman said Saturday. (article 7)
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Other summaries about this story:
Event tracking:
Story keywords
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Cablevision, Newsday, Tribune, Murdoch, newspaper |
Source articles
- Cablevision buys Newsday from Tribune for US$650 million (cbc.ca, 05/12/2008, 663 words)
- ABC News: Cablevision, Not Murdoch, Buying Newsday (ABCNews, 05/12/2008, 281 words)
- Tribune to sell Newsday to Cablevision (L.A. Times, 05/13/2008, 603 words)
- Cablevision announces deal to buy Newsday - (baltimoresun.com, 05/12/2008, 862 words)
- Cablevision and Tribune reach deal for Newsday (Washington Post, 05/12/2008, 323 words)
- Long-shot Newsday bid may prevail (boston.com, 05/12/2008, 400 words)
- News Corp. withdraws bid to buy Newsday :: CHICAGO SUN-TIMES :: Business (suntimes.com, 05/11/2008, 362 words)
- Person close to talks: Cablevision close to buying Newsday (Washington Post, 05/12/2008, 547 words)
- Murdoch's News Corp. ends Newsday bid (L.A. Times, 05/11/2008, 450 words)
- News Corp unexpectedly drops bid for Newsday (Washington Post, 05/10/2008, 625 words)
- Experts: Newsday-Cablevision deal good for both - (baltimoresun.com, 05/11/2008, 245 words)
- Tribune's Newsday deal is one step in easing debt (sfgate.com, 05/12/2008, 820 words)
- p>Nestle scales back plans for Mt. Shasta water plant (sfgate.com, 05/12/2008, 1113 words)
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blaster@cs.columbia.edu
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