The future of Newsday and who will own it has become a major subject in media circles. Papers with the circulation and resources of Newsday don't go on the market too often. Tribune owner Sam Zell hasn't officially said Newsday is for sale, but he's passed up lots of chances to deny it.
Today's entry in the Newsday fact/rumor mill comes from the New York Observer. Headlined "Hey Mort, Chuck, Rupe! Welcome to Hellville, Long Island!", it's a lengthy look at the paper's recent history and possible future. The writer, John Koblin, describes why the paper could be more attractive to New York owners than a Chicago billionaire. And why the reporters and editors of the paper are uncomfortable living in limbo.
For the full story, click here.
--Noel Rubinton