Mortimer Zuckerman news stories on Newser

Zuckerman Not Running for New York Senate Seat

Jane Yager — Wed, 03 Mar 2010 05:19:00 CST

Kirsten Gillibrand lost another challenger today: Publisher and real estate mogul Mort Zuckerman won't be running for her Senate seat after all. "I was encouraged by many major political figures in New York to look closely at running for Senate," Zuckerman told the Daily News . "However, at this time, it...

More Banks, Celebs Losers in Madoff Scam

Jim O'Neill — Mon, 15 Dec 2008 10:20:01 CST

Bernard Madoff’s alleged Ponzi scheme, which federal investigators say cost investors $50 billion, continues to claim more victims, reports the Wall Street Journal . Spain’s Grupo Santander and France’s BNP Paribas said yesterday they’re on the list, as are charities involving Nobel laureate Elie Wiesel and director Steven Spielberg. And, Bloomberg...

Cablevision Buys Newsday

Jim O'Neill — Mon, 12 May 2008 08:07:58 CDT

Cablevision will pay Tribune Co. $650 million for Newsday , the companies said this morning. The cable operator's bid for the Long Island daily and its free offshoot amNew York topped $580 million offers from New York Daily News owner Mortimer Zuckerman and News Corp., reports the Wall Street Journal.

Murdoch Drops Newsday Bid

Wesley Oliver — Sat, 10 May 2008 13:44:08 CDT

Rupert Murdoch has dropped his $580 million bid for Newsday . Cable operator Cablevision has offered $650 million for the Long Island daily, and Murdoch’s News Corp. said a higher bid would be “uneconomical.” The media tycoon’s dropout was unexpected, Reuters says, considering Murdoch recently told investors a deal was nearly...

Daily News Owner Makes Newsday Bid

Rob Quinn — Sat, 26 Apr 2008 06:02:55 CDT

Daily News owner Mort Zuckerman has matched Rupert Murdoch's bid for Newsday , the New York Times reports—but didn't go a penny over the $580 million the New York Post owner offered. Instead Zuckerman claimed his bid is the better one because, unlike Murdoch's, it doesn't run the risk of...

Newsday Sale Another Bad Sign in Teetering Industry

Kevin Spak — Mon, 24 Mar 2008 11:07:28 CDT

Just last year, Sam Zell was optimistic enough about newspapers to buy the Tribune Company. Now he’s selling Newsday , one of the conglomerate’s top publications. “The news business is something worse than horrible,” he said recently. Across the industry, gung-ho new owners like Zell are experiencing buyer’s remorse, David Carr...

Zell Might Sell Newsday

Laurel Jorgensen — Thu, 20 Mar 2008 21:44:19 CDT

Falling ad revenues could push Sam Zell's Tribune Company to sell Newsday , the Long Island newspaper with the 10th-highest circulation in the nation, the New York Times reports. Among those interested are Rupert Murdoch, who already owns the New York Post . Also in the running are the owner of the...