[abb]

Rupert finally came to his senses. He was about to pay for a newspaper that is worth much less than what he offered for it. Watch for Cablevision and Mortimer Zukerman to revoke their bids, too.

Newsday is worth only what real estate it sits upon and whatever scrap prices its printing presses will bring.

[abb]

ping

[JohnLongIsland]

Rumor has it that the only reason the Dolans want to buy Newsday is so they could make Isaiah Thomas editor-in-chief.

[dangus]

What’s funny is that (the Long Island) Newsday thought it could kill off the NY Post by creating a NY Newsday, the NY Post’s circulation actually grew, forcing NY Newsday to withdraw from NYC again.

What’s LOL funny is that Newsday had Brooklyn and Queens (which are on Long Island, but part of NYC) in its territory BEFORE trying to invade the rest of NYC, but largely retreated from those areas when the NY Post kicked its ass in NYC

What’s ROTFL funny is that Newsday’s circulation has been hurt so bad that it’s owners (Tribune) have had to sell it.

What’s ROTFLPIMP fuuny is that the New York Post’s owner was able to buy Newsday, but has passed on it because it wasn’t worth the money.

[Doctor Raoul]

WHY PAY FULL PRICE? Bid low for it at the bankruptcy sale.

[MovementConservative]

Rupert finally came to his senses. He was about to pay for a newspaper that is worth much less than what he offered for it.

He may have made an unfortunate purchase when he bought MySpace, but he hasn't gone wrong with any of his media purchases to date that I know of. He probably would have found a way to make that paper profitable.

[SevenofNine]

I think that pretty bad if Murdoch think Newsday going way of history LOL!