Report: Murdoch Made Bid for Newsday
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The chairman of News Corp., Rupert Murdoch, has made a bid for Tribune Co.’s Newsday, Crain’s New York Business said, citing an unidentified person in the newspaper industry.
The chief executive officer of Tribune, Sam Zell, said this month he may consider selling one of Tribune’s nine daily newspapers because of a decline in revenue. Mr. Murdoch tried to establish a joint operating agreement between his own New York Post and Newsday a year ago, before Tribune was sold, Crain’s wrote.
Newsday would give News Corp. a third newspaper in New York, along with the Post and the Wall Street Journal.
