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Tuesday, July 15, 2008

NY Post & NY Daily News to begin consolidating functions

(NY Times): "Representatives of (NY Daily News owner) Mr. Zuckerman and (NY Post owner) Mr. Murdoch have been in discussions for several weeks

  • to find ways to combine some business functions of The Daily News and The Post, according to people briefed on the matter. They spoke anonymously because the talks are at a sensitive stage and both sides had hoped they would remain confidential.
Talks between the two papers began in earnest in May after the announcement of a deal to sell Newsday, the Long Island daily, to the Cablevision Systems Corporation for $650 million."...

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