View all newsletters
Sign up for our free email newsletters

Fighting for quality news media in the digital age.

  1. News
May 11, 2008

News Corp drops $580m bid for Newsday

By paulmcnally

Rupert Murdoch has abandoned plans to buy the New York suburban daily Newsday.

News Corp said it was “uneconomical” to raise its bid, after its original $580m bid for the title was met with a rival $650m offer by TV operator Cablevision.

New York Daily News owner Mort Zuckerman is still reported to be in the race to take control of the paper.

Topics in this article : , , ,

Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly dose of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network
https://www.newstatesman.com/events Spears World of Fine wine Elite Traveler Tech Monitor Leadmonitor