The media drumbeat about Sam Zell and his situation with Tribune continues. If you haven't followed it closely, he's got a lot of challenges...ahem, opportunities. Between a media transformation where ads are migrating from newspapers, an extremely soft economy and more, he're reportedly rethinking his game plan--including possibly selling Newsday.
Reuters has done the latest cataloguing of them. Zell, at a real estate conference this week, wouldn't talk about Tribune--he has an April 17 conference call coming on the subject. But he did have this to say about the publishing business, joking to the audience that going from property to newspapers was like "going from leprosy to cancer." For the full story, click here.
--Noel Rubinton