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Not to be missed: Alan Mutter's superb evaluation of the Cablevision deal for Newsday—and how it compares to Rupert Murdoch's offer. As Alan suggested in an earlier post this week, it wouldn't be surprising if Murdoch winds up with Newsday in a year or so after Cablevision runs headfirst into reality.
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If Cablevision runs Newsday half as bad as they run their cable company or, heaven forbid, their pro basketball team then I think you will be right.
==charlie==
Posted by: Charles Barthold | May 13, 2008 at 02:12 PM
When you outspend someone who wants the same thing and has money to burn, there's often an ugly reason that you "won" the bidding.
Posted by: Wayne C. | May 13, 2008 at 05:54 PM